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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end lowers (Review)

Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The Hang Seng Index eased 0.07 percent, or 17.92 points, to 26,503.93. The benchmark Shanghai Composite Index lost 0.56 percent, or 16.83 points, to 2,991.05, and the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- slipped 1.11 percent, or 18.38 points, to...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Oil Declines as Investors Focus on Gloomy Economic Outlook

Crude fell for a second day amid a weakening global growth outlook and abundant crude supplies in the world™s largest economy. Futures slid 1.5% in New York on Tuesday. Hopes for a resolution of key issues in the U.S.-China trade dispute are fading, souring prospects for a revival in energy demand. Meanwhile, the International Monetary Fund cut its 2019 global growth forecast for a fifth time. Aside from the U.S.-China trade war, investors are also focused on supply increases in the U.S....

EUR/JPY Clinches Fresh 3-Week Highs Near 126.70
Friday, 12 April 2019 18:46 WIB | CURRENCIES |

The buying interest in the European currency is propping up the up move in EUR/JPY to new multi-day highs in the 126.70 region.

The cross is up for the second session in a row at the end of the week, confirming the upbeat mood in the riskier assets and recording at the same time fresh 3-week highs beyond 126.00 the figure.

Further upside could now test 2019 highs in the mid-127.00s ahead of the relevant 200-day SMA in the 127.70 zone.

Rising yields in the US-10 year note on the back of solid risk-on trade are motivating the Japanese safe haven to retreat sharply, lending extra legs to the rally in the cross.

Adding wings to EUR, Industrial Production in Euroland contracted less than expected during February.

Source : FX Street

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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end lowers (Review)

Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The Hang Seng Index eased 0.07 percent, or 17.92 points, to 26,503.93. The benchmark Shanghai Composite Index lost 0.56 percent, or 16.83 points, to 2,991.05, and the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- slipped 1.11 percent, or 18.38 points, to...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Oil Declines as Investors Focus on Gloomy Economic Outlook

Crude fell for a second day amid a weakening global growth outlook and abundant crude supplies in the world™s largest economy. Futures slid 1.5% in New York on Tuesday. Hopes for a resolution of key issues in the U.S.-China trade dispute are fading, souring prospects for a revival in energy demand. Meanwhile, the International Monetary Fund cut its 2019 global growth forecast for a fifth time. Aside from the U.S.-China trade war, investors are also focused on supply increases in the U.S....

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