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POPULAR NEWS
Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

Dow climbs 200 points at open but U.S. stock market set to book weekly loss amid recession jitters

Stocks opened higher Friday but Wall Street was still on track for weekly losses, as U.S. Treasury yields recovered from multiyear low and investors track U.S.-China trade negotiations. The Dow Jones Industrial Average gained 210 points, or 0.8%, at 25,789, and the S&P 500 index climbed 0.9% at 2,873, while the Nasdaq Composite Index advanced 0.8% to 7,845. Investing has been dominated by concerns about the health of the global economy, with an inversion of the yield curve, where...

North Korea Fires More Weapons; Criticizes South Korea

North Korea has launched a fresh round of short-range weapons into the sea off its east coast, South Korea™s military reported - Pyongyang™s latest apparent outburst of anger at continued U.S.-South Korean military drills. The North fired two œunidentified projectiles Friday from Gangwon province in the northeast part of North Korea, according to a statement from Seoul™s Joint Chiefs of Staff. The weapons traveled about 230 kilometers, reaching a height of 30 kilometers, the...

U.S. Oil Futures Tally Gains For The Session And Week

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas...

Gold pulls back from more-than-6-year high

Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain. Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce, while September silver was off 6.4 cents, or 0.4%, to $17.15 an ounce. Gold is up around 1% for the week and have rallied 5.9% so far in August as an intensifying U.S.-China trade war and growing worries over the global economy saw investors pile into haven assets. The related rally in...

U.S. dollar edges lower after stronger-than-expected China GDP data
Wednesday, 17 April 2019 19:54 WIB | CURRENCIES |DOLLAR YenEuroDolar

The U.S. dollar was off slightly versus its biggest rivals Wednesday after data showed the pace of Chinese economic growth steadied in the first quarter, helping to soothe fears of a global economic slowdown.

The ICE U.S. Dollar Index a measure of the currency against six major rivals, was off 0.1% at 96.918. The U.S. unit traded at 111.99 Japanese yen down marginally from its level late Tuesday in New York trading at ¥112.02. The euro fetched $1.1308, up from $1.1283.

China's economy grew 6.4% year over year in the first three months of 2019, according to government data, matching the pace of growth in the final quarter of 2018 and coming in slightly above expectations for an expansion of 6.3%.

Source : MarketWatch

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POPULAR NEWS
Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

Dow climbs 200 points at open but U.S. stock market set to book weekly loss amid recession jitters

Stocks opened higher Friday but Wall Street was still on track for weekly losses, as U.S. Treasury yields recovered from multiyear low and investors track U.S.-China trade negotiations. The Dow Jones Industrial Average gained 210 points, or 0.8%, at 25,789, and the S&P 500 index climbed 0.9% at 2,873, while the Nasdaq Composite Index advanced 0.8% to 7,845. Investing has been dominated by concerns about the health of the global economy, with an inversion of the yield curve, where...

North Korea Fires More Weapons; Criticizes South Korea

North Korea has launched a fresh round of short-range weapons into the sea off its east coast, South Korea™s military reported - Pyongyang™s latest apparent outburst of anger at continued U.S.-South Korean military drills. The North fired two œunidentified projectiles Friday from Gangwon province in the northeast part of North Korea, according to a statement from Seoul™s Joint Chiefs of Staff. The weapons traveled about 230 kilometers, reaching a height of 30 kilometers, the...

U.S. Oil Futures Tally Gains For The Session And Week

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas...

Gold pulls back from more-than-6-year high

Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain. Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce, while September silver was off 6.4 cents, or 0.4%, to $17.15 an ounce. Gold is up around 1% for the week and have rallied 5.9% so far in August as an intensifying U.S.-China trade war and growing worries over the global economy saw investors pile into haven assets. The related rally in...

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