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POPULAR NEWS
Gold Inches Lower as Investors Seek Clarity on Virus Severity

Gold edged lower on Friday as investors sought details on the severity of the China virus after the World Health Organisation stopped short of announcing the outbreak as a global emergency. Spot gold fell 0.2% to $1,559.28 per ounce by 0748 GMT, but was on track to gain 0.2% for the week. U.S. gold futures slipped 0.4% to $1,559.30. Asian shares inched higher following the WHO statement on Thursday that the new China virus does not yet constitute an international emergency. However,...

Gold prices notch gains for the day and week as coronavirus fears intensify

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to grow. February gold closed $6.50, or 0.4%, higher at $1,571.90 an ounce on Comex. The metal also marked a weekly gain of 0.4%. China has moved to restrict movement of some 46 million people in and out of cities near the center of the outbreak, while also canceling Lunar New Year events as the number of infections continued to rise. The virus...

European Stocks Open Higher as WHO Says No 'Global Emergency' Yet For China Virus

European stocks opened higher on Friday, looking to break a four-day losing streak after the World Health Organization (WHO) said the deadly Chinese coronavirus was not a œglobal emergency yet. The pan-European Stoxx 600 added 0.7% in early trade, basic resources rebounding 1.5% to lead gains as almost all sectors and major bourses entered positive territory. Following a torrid week for stocks on the back of fears over the spread of the new coronavirus, which has killed 25 people in...

Gold Edges Lower as Traders Assess China Virus Outbreak

Gold edged lower Friday as traders assessed the severity of a viral outbreak originating out of China a day after the World Health Organization said it was too early to declare a global emergency. Gold for February delivery on Comex fell $5.10, or 0.3%, to $1,560.30 an ounce, while March silver was up 13.1 cents, or 0.7%, at $17.96 an ounce. The yellow metal saw its highest close in more than two weeks on Thursday as the spread of the coronavirus triggered a selloff in global equities and...

Japanese Stocks Book Weekly Loss Amid China Virus Concerns

Japan™s stocks completed a weekly decline as the rising death toll from China™s coronavirus damped demand for riskier assets. Automakers and retail companies were the heaviest drags on the Topix index, with the yen little changed after a three-day gain against the dollar. China is rushing to halt the spread of a new coronavirus as the death toll rose to 25. Japanese Prime Minister Shinzo Abe said he would strengthen measures to tackle the virus and do everything possible to...

U.S. Dollar Sustains Highs on Strong Labor Data, Fed Minutes
Thursday, 23 May 2019 23:29 WIB | CURRENCIES |DOLLARSecurity Indeks Dolar

The U.S. dollar was near a one-month high on Thursday as an unexpected decline in the number of people filing for unemployment assistance last week helped it maintain momentum.

The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, was up 0.1% to 97.972.

Data on Thursday showed that the labor market is gaining strength, even as the economy slows. Initial claims for unemployment benefits fell for the third-straight week to a seasonally adjusted 211,000, the Labor Department said.

The U.S. dollar was also pushed higher by minutes from the Federal Reserve's last meeting, which underscored the central bank™s stance on pausing interest rate hikes.

The greenback was down against the safe-haven Japanese yen, with USD/JPY falling 0.5% to 109.73. EUR/USD slipped 0.1% to 1.1142 and USD/CAD rose 0.5% to 1.3488.

Source : Investing.com

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POPULAR NEWS
Gold Inches Lower as Investors Seek Clarity on Virus Severity

Gold edged lower on Friday as investors sought details on the severity of the China virus after the World Health Organisation stopped short of announcing the outbreak as a global emergency. Spot gold fell 0.2% to $1,559.28 per ounce by 0748 GMT, but was on track to gain 0.2% for the week. U.S. gold futures slipped 0.4% to $1,559.30. Asian shares inched higher following the WHO statement on Thursday that the new China virus does not yet constitute an international emergency. However,...

Gold prices notch gains for the day and week as coronavirus fears intensify

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to grow. February gold closed $6.50, or 0.4%, higher at $1,571.90 an ounce on Comex. The metal also marked a weekly gain of 0.4%. China has moved to restrict movement of some 46 million people in and out of cities near the center of the outbreak, while also canceling Lunar New Year events as the number of infections continued to rise. The virus...

European Stocks Open Higher as WHO Says No 'Global Emergency' Yet For China Virus

European stocks opened higher on Friday, looking to break a four-day losing streak after the World Health Organization (WHO) said the deadly Chinese coronavirus was not a œglobal emergency yet. The pan-European Stoxx 600 added 0.7% in early trade, basic resources rebounding 1.5% to lead gains as almost all sectors and major bourses entered positive territory. Following a torrid week for stocks on the back of fears over the spread of the new coronavirus, which has killed 25 people in...

Gold Edges Lower as Traders Assess China Virus Outbreak

Gold edged lower Friday as traders assessed the severity of a viral outbreak originating out of China a day after the World Health Organization said it was too early to declare a global emergency. Gold for February delivery on Comex fell $5.10, or 0.3%, to $1,560.30 an ounce, while March silver was up 13.1 cents, or 0.7%, at $17.96 an ounce. The yellow metal saw its highest close in more than two weeks on Thursday as the spread of the coronavirus triggered a selloff in global equities and...

Japanese Stocks Book Weekly Loss Amid China Virus Concerns

Japan™s stocks completed a weekly decline as the rising death toll from China™s coronavirus damped demand for riskier assets. Automakers and retail companies were the heaviest drags on the Topix index, with the yen little changed after a three-day gain against the dollar. China is rushing to halt the spread of a new coronavirus as the death toll rose to 25. Japanese Prime Minister Shinzo Abe said he would strengthen measures to tackle the virus and do everything possible to...

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