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POPULAR NEWS
Gold Dips On Day, But Up On Week Ahead of Brexit Vote

Gold posted a weekly gain but safe-haven investors and those traditionally long the yellow metal largely sat out of Friday™s market, letting prices dip, with few leads to chase, ahead of a weekend parliament vote on the U.K. bid to leave the EU. After early gains in the day on the prospects that Britain™s Brexit hopes and U.S.-China trade deal aspirations will be dashed again, gold dipped in later hours on signs that fewer central banks around the world might ramp up on another round of...

Hong Kong, Shanghai stocks end with losses (Review)

Shares in Hong Kong and Shanghai sank on Friday after data showed China's economy growing at its slowest pace for almost 30 years. The Hang Seng Index fell 0.48 percent, or 128.91 points, to 26,719.58. The benchmark Shanghai Composite Index fell 1.32 percent, or 39.19 points, to 2,938.14, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.17 percent, or 19.20 points, to 1,616.72. Source: AFP

Dow Industrials Skid To Session Low in Midday Action as J&J Produces 42-Point Headwind

The Dow Jones Industrial Average on Friday midday was trading at session lows, with shares of Johnson & Johnson delivering the biggest headwind to the blue-chip gauge. The Dow was off 120 points, or 0.5%, at 26,906, with shares of J&J cutting about 42 points from the index. The S&P 500 index was down 0.4% at 2,986, while the Nasdaq Composite Index was trading 0.9% lower at 8,080. J&J was trading sharply lower and weighing down the the Dow, where it is a component, after the...

Dow Industrials End 1% Lower as Boeing, J&J Shares Exact More Than 220-Point

U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion's share of the pain for the Dow industrials. The Dow closed off 255 points, or 0.9%, at 26,770. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index. The S&P 500 index closed 0.4% lower at 2,986, while the Nasdaq Composite Index ended 0.8% lower at 8,090. Boeing's stock...

European Stocks Close Lower Ahead Of Crucial Weekend Brexit Showdown

European stocks closed lower Friday afternoon as traders await signals as to whether a Brexit deal agreed between the U.K. and EU will pass muster with British lawmakers in parliament. The pan-European Stoxx 600 ended lower by 1.15%, with autos trading down 1.45 % on the back of a profit warning from Renault, while basic resources added 0.33%. U.K. Prime Minister Boris Johnson agreed a new Brexit deal which was unanimously backed by European Union leaders on Thursday, but must now fight to...

GBP/USD technical analysis: Finds some support near 100-hour SMA/ascending trend-line confluence region
Monday, 10 June 2019 15:23 WIB | CURRENCIES |CurrencyGBP/USD

Meanwhile, technical indicators on the 1-hourly chart have been gaining negative momentum and losing traction on the 4-hourly chart.

This coupled with bearish oscillators on the daily chart support prospect for an eventual bearish breakdown on intraday charts.

The mentioned support should now act as a key pivotal point for the pair™s intraday momentum, though traders are likely to wait for today's important UK macro data “ including the monthly GDP growth figures, before placing any aggressive bets.

On the upside, immediate resistance is pegged near the 1.2730 area but the key hurdle remains near the 1.2745-50 region. Only a sustained break through the mentioned barrier might negate the bearish outlook and trigger a near-term short-covering move.

Source : FXstreet

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POPULAR NEWS
Gold Dips On Day, But Up On Week Ahead of Brexit Vote

Gold posted a weekly gain but safe-haven investors and those traditionally long the yellow metal largely sat out of Friday™s market, letting prices dip, with few leads to chase, ahead of a weekend parliament vote on the U.K. bid to leave the EU. After early gains in the day on the prospects that Britain™s Brexit hopes and U.S.-China trade deal aspirations will be dashed again, gold dipped in later hours on signs that fewer central banks around the world might ramp up on another round of...

Hong Kong, Shanghai stocks end with losses (Review)

Shares in Hong Kong and Shanghai sank on Friday after data showed China's economy growing at its slowest pace for almost 30 years. The Hang Seng Index fell 0.48 percent, or 128.91 points, to 26,719.58. The benchmark Shanghai Composite Index fell 1.32 percent, or 39.19 points, to 2,938.14, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.17 percent, or 19.20 points, to 1,616.72. Source: AFP

Dow Industrials Skid To Session Low in Midday Action as J&J Produces 42-Point Headwind

The Dow Jones Industrial Average on Friday midday was trading at session lows, with shares of Johnson & Johnson delivering the biggest headwind to the blue-chip gauge. The Dow was off 120 points, or 0.5%, at 26,906, with shares of J&J cutting about 42 points from the index. The S&P 500 index was down 0.4% at 2,986, while the Nasdaq Composite Index was trading 0.9% lower at 8,080. J&J was trading sharply lower and weighing down the the Dow, where it is a component, after the...

Dow Industrials End 1% Lower as Boeing, J&J Shares Exact More Than 220-Point

U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion's share of the pain for the Dow industrials. The Dow closed off 255 points, or 0.9%, at 26,770. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index. The S&P 500 index closed 0.4% lower at 2,986, while the Nasdaq Composite Index ended 0.8% lower at 8,090. Boeing's stock...

European Stocks Close Lower Ahead Of Crucial Weekend Brexit Showdown

European stocks closed lower Friday afternoon as traders await signals as to whether a Brexit deal agreed between the U.K. and EU will pass muster with British lawmakers in parliament. The pan-European Stoxx 600 ended lower by 1.15%, with autos trading down 1.45 % on the back of a profit warning from Renault, while basic resources added 0.33%. U.K. Prime Minister Boris Johnson agreed a new Brexit deal which was unanimously backed by European Union leaders on Thursday, but must now fight to...

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