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POPULAR NEWS
Tokyo: Benchmark Nikkei Open Lower

Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index was down 1.66 per cent or 359.20 points at 21,319.48 in early trade, while the broader Topix index was down 1.45 per cent or 23.47 points at 1,596.98. Source : AFP

Hong Kong Stocks Drop in Opening Minutes

Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff, while traders were also spooked by worse-than-forecast Chinese trade data. The Hang Seng Index fell 1.03 percent, or 268.81 points, to 25,794.95. And the benchmark Shanghai Composite Index declined 0.64 percent, or 16.69 points, to 2,589.19, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.83 percent,...

Brent Oil Prices Rise After OPEC-Led Group Announces 1.2 Million bpd Supply Cut

International oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers agreed a supply cut of 1.2 million barrels per day (bpd) from January. International Brent crude oil futures were at $61.81 per barrel at 0016 GMT, up 14 cents, or 0.2 percent, from their last close. Prices surged on Friday after the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers including heavyweight Russia announced they would...

USD/JPY starts out on the backfoot, technicals supporting bearish outlook

The US payrolls growth cooled in November with the economy producing 155k jobs in the month. This came in below the expectations at 198k. The detail was mixed; jobs growth in the prior two months was revised down -12k while average hourly earnings grew less than expected (0.2% vs consensus 0.3%). Against that, the annual growth rate for earnings held up at +3.1%, while unemployment held near 40-year lows of 3.7%. The yen can stay bid on slowing global growth and tariff wars, Brexit, Italy™s...

Gold at Five-Month High on Haven Bid as Stocks Decline

Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing. Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy. Traders are also assessing if the Federal Reserve will pursue a...

Sterling plunges after UK Brexit Minister Raab resigns
Thursday, 15 November 2018 16:21 WIB | CURRENCIES |poundSterling,Poundsterling

Sterling plunged one percent against the euro and dollar and British govenrment bond yields dropped sharply on Thursday on news that Britain's Brexit minister Dominic Raab had resigned.

In a sign of just how hard the vote in the British parliament might be, the latest resignation shows the size of the task UK Prime Minister Theresa May faces in getting parliament to approve her draft European Union divorce deal.

Sterling extended losses to fall 1 percent on the day at $1.2849. Against the euro, the British pound weakened more than one percent to 88.06 pence.

Source: Reuters

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POPULAR NEWS
Tokyo: Benchmark Nikkei Open Lower

Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index was down 1.66 per cent or 359.20 points at 21,319.48 in early trade, while the broader Topix index was down 1.45 per cent or 23.47 points at 1,596.98. Source : AFP

Hong Kong Stocks Drop in Opening Minutes

Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff, while traders were also spooked by worse-than-forecast Chinese trade data. The Hang Seng Index fell 1.03 percent, or 268.81 points, to 25,794.95. And the benchmark Shanghai Composite Index declined 0.64 percent, or 16.69 points, to 2,589.19, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.83 percent,...

Brent Oil Prices Rise After OPEC-Led Group Announces 1.2 Million bpd Supply Cut

International oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers agreed a supply cut of 1.2 million barrels per day (bpd) from January. International Brent crude oil futures were at $61.81 per barrel at 0016 GMT, up 14 cents, or 0.2 percent, from their last close. Prices surged on Friday after the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers including heavyweight Russia announced they would...

USD/JPY starts out on the backfoot, technicals supporting bearish outlook

The US payrolls growth cooled in November with the economy producing 155k jobs in the month. This came in below the expectations at 198k. The detail was mixed; jobs growth in the prior two months was revised down -12k while average hourly earnings grew less than expected (0.2% vs consensus 0.3%). Against that, the annual growth rate for earnings held up at +3.1%, while unemployment held near 40-year lows of 3.7%. The yen can stay bid on slowing global growth and tariff wars, Brexit, Italy™s...

Gold at Five-Month High on Haven Bid as Stocks Decline

Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing. Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy. Traders are also assessing if the Federal Reserve will pursue a...

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