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POPULAR NEWS
Oil Gains as Report Points to Slow Return of Lost Saudi Output

Oil rose sharply in early Monday trading in Asia following a report that full repairs to Saudi oil fields hit by a drone attack earlier this month may take many months. Brent crude rose 1.1% after surging 6.7% last week, its largest weekly gain since January. Saudi Aramco on Saturday reaffirmed its commitment to bringing 5.7 million barrels a day of lost output back by the end of the month, however, a Wall Street Journal report Sunday quoted a Saudi official saying...

Gold Stays Below 2-Week-Old Resistance-Line Despite Trade/Political Pessimism

Gold prices fail to portray the recent risk-aversion wave as they remain below near-term resistance-line while taking rounds to $1,513 on early Monday. Renewed geopolitical tension between Saudi Arabia and Yemen has been a major driving force for markets™ immediate risk sentiment off-late. Following a threat from Houthi rebels, Saudi Arabia has also flashed signals of war if an attack takes place whereas the US deployed additional forces in the Middle East as a measure being œdefensive in...

Hong Kong Stocks Up At Open

Hong Kong stocks started Monday with small gains on hopes for progress in trade talks between China and the US. The Hang Seng Index rose 0.11 percent, or 27.95 points, to 26,463.62. The benchmark Shanghai Composite Index eased 0.27 percent, or 8.05 points, to 2,998.40 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.31 percent, or 5.25 points, to 1,670.10. Source : AFP

Dollar Weakens While Pound Holds Gains Ahead of New Brexit Vote
Monday, 18 March 2019 15:24 WIB | CURRENCIES | Indeks Dolar Euro

The euro hit a two-week high against the dollar in early trading in Europe Monday, as the greenback continues to suffer from weak economic data out of the U.S. on Friday that strengthened expectations for a Federal Reserve interest rate cut later this year.

At 03:55 AM ET (07:55 GMT), the euro was at $1.1349, just off a two-week high posted earlier. The British pound was holding on to most of last week™s gains at $1.3285, as Prime Minister Theresa May prepares to push her EU Withdrawal Bill through parliament for the third time by trying to win over the Northern Irish Democratic Unionist Party.

The dollar index, which measures the greenback against a basket of six major currencies, fell below 96.00 for the first time this month to stand at 95.88.

Source: Investing.com

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POPULAR NEWS
Oil Gains as Report Points to Slow Return of Lost Saudi Output

Oil rose sharply in early Monday trading in Asia following a report that full repairs to Saudi oil fields hit by a drone attack earlier this month may take many months. Brent crude rose 1.1% after surging 6.7% last week, its largest weekly gain since January. Saudi Aramco on Saturday reaffirmed its commitment to bringing 5.7 million barrels a day of lost output back by the end of the month, however, a Wall Street Journal report Sunday quoted a Saudi official saying...

Gold Stays Below 2-Week-Old Resistance-Line Despite Trade/Political Pessimism

Gold prices fail to portray the recent risk-aversion wave as they remain below near-term resistance-line while taking rounds to $1,513 on early Monday. Renewed geopolitical tension between Saudi Arabia and Yemen has been a major driving force for markets™ immediate risk sentiment off-late. Following a threat from Houthi rebels, Saudi Arabia has also flashed signals of war if an attack takes place whereas the US deployed additional forces in the Middle East as a measure being œdefensive in...

Hong Kong Stocks Up At Open

Hong Kong stocks started Monday with small gains on hopes for progress in trade talks between China and the US. The Hang Seng Index rose 0.11 percent, or 27.95 points, to 26,463.62. The benchmark Shanghai Composite Index eased 0.27 percent, or 8.05 points, to 2,998.40 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.31 percent, or 5.25 points, to 1,670.10. Source : AFP

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