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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...

Dollar Pulls Away From 11-Week Lows as Euro, Commodity Currencies Sag
Thursday, 13 June 2019 08:17 WIB | CURRENCIES |DOLLAR

The dollar held its gains early on Thursday after rebounding from 11-week lows, as peers such as the euro, pound and commodity currencies sagged due to troubles of their own.

The dollar index versus a basket of six major currencies was steady at 96.957 after rising more than 0.3% overnight.

The index had dropped to 96.459 on Monday, its lowest since late March, following a sharp decline in long-term U.S. Treasury yields, which fell to near two-year lows last week after a soft U.S. jobs report bolstered expectations for an interest rate cut by the Federal Reserve.

Weakness in other currencies, however, underpinned the dollar's latest bounce despite mounting expectations that the Fed could ease monetary policy in the next few months.

The euro took a hit after U.S. President Donald Trump said on Wednesday he was considering sanctions over Russia's Nord Stream 2 natural gas pipeline project and warned Germany against being dependent on Russia for energy.

Sterling slipped as British lawmakers on Wednesday defeated an attempt led by the opposition Labour Party to try to block a no-deal Brexit.

The euro was a shade higher at $1.1293 after retreating 0.35% overnight, while the pound stood little changed at $1.2692 following a loss of 0.3% on Wednesday.

The dollar was also buoyed as commodity-linked currencies were pressured by a slump in crude oil prices.

The Canadian dollar was little changed at C$1.3337 per dollar after shedding roughly 0.5% the previous day.

The Australian dollar traded near a 12-day low of $0.6925 plumbed on Wednesday, when it shed 0.45%.

Source : Reuters

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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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