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POPULAR NEWS
Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Unique split on Wall Street to keep investors guessing the gold price this week

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

AUD/USD reverses previous gains as China PMI data disappoints
Friday, 31 May 2019 09:20 WIB | CURRENCIES |CurrencyAUD/USD,

AUD/USD declines to 0.6900 after China's official manufacturing data dropped beneath market consensus and prior to the activity contraction region during early Friday.

China's May month manufacturing purchasing manager index (PMI) slipped to 49.4 versus 49.9 forecasts and 50.1 while non-manufacturing PMI also lagged behind 53.5 market consensus to match 54.3 prior.

The Aussie pair was earlier taking advantage of the US Dollar™s (USD) across the board declines after the US President Donald Trump raised another bar for the soft functioning of the global trade system by announcing fresh tariffs on Mexico.

0.6860 acts as strong support, for now, a break of which can call the year 2016 low near 0.6830 on the chart with 0.6800 to follow afterward.

Alternatively, 0.6940, 0.7000 and 50-day simple moving average (SMA) level near 0.7035 may entertain buyers during pullback.

Source : FXstreet

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POPULAR NEWS
Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Unique split on Wall Street to keep investors guessing the gold price this week

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

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