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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

Stocks open lower, but still head for a winning week on better-than-expected earnings

Stocks opened lower on Friday as investors were set to wrap up the first week of the earnings season. The Dow Jones Industrial Average traded 46 points lower, or 0.2%. The S&P 500 and Nasdaq Composite slid 0.1% each. More than 70 S&P 500 companies have reported calendar third-quarter earnings this week. Of those companies, 81% have posted better-than-expected results, FactSet data shows. Weak data from China weighed down the market on Friday. Some of the companies posting...

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...

AUD/USD Hits Two-Week Low After Australian Jobs Data
Thursday, 13 June 2019 09:19 WIB | CURRENCIES |Dolar Australia,AUD/USD,

AUD/USD slipped to 0.6914, the lowest level since May 31, after the official data released at 01:30 showed Australia's jobless rate remained steady at 5.2% in May.

The markets were expecting the unemployment rate to drop to 5.1%. Further, the data showed the economy added 42.3K jobs in May, beating both the forecasted job growth of 17.5K and April's print of 28.4K by a big margin.

The big beat on the employment change, however, failed to put a bid under the AUD, possibly because the full-time jobs increased by a meager 2.4K, meaning the massive job addition in May was largely fueled by part-time jobs.

Overall, the jobs report is pointing to labor market weakness. As a result, the markets may pull forward expectations of an RBA rate cut to July, keeping the AUD under pressure in the short-term.

As of writing, the AUD/USD pair is trading at 0.6917, representing a 0.17% drop on the day. The currency pair closed at 0.6928 on Wednesday, violating the ascending trendline connecting May 23 and May 31 lows. So, the path of least resistance is to the downside.

Source : FX Street

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Pound Slightly Higher on Brexit Deal; U.S. Dollar Falls...
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Thursday, 17 October 2019 13:08 WIB

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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

Stocks open lower, but still head for a winning week on better-than-expected earnings

Stocks opened lower on Friday as investors were set to wrap up the first week of the earnings season. The Dow Jones Industrial Average traded 46 points lower, or 0.2%. The S&P 500 and Nasdaq Composite slid 0.1% each. More than 70 S&P 500 companies have reported calendar third-quarter earnings this week. Of those companies, 81% have posted better-than-expected results, FactSet data shows. Weak data from China weighed down the market on Friday. Some of the companies posting...

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...

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