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POPULAR NEWS
Oil Holds Advance After Storm Barry Disrupts U.S. Production

Oil prices carried over a bullish tone from last week after Tropical Storm Barry shut down almost three-quarters of U.S. Gulf of Mexico production over the weekend. Futures in New York were up slightly, after gaining 4.7% last week. Barry weakened to a tropical depression Sunday, with some producers preparing to re-staff their offshore platforms. As of Sunday, Barry caused nearly 73% of crude oil production in the gulf to shut, up from 70% the day before, the Bureau of Safety...

Gold Trades Steady Ahead of China GDP Data

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the world™s second-largest economy. Spot gold was flat at $1,415.34 per ounce as of 0100 GMT. U.S. gold futures were up 0.3% at $1,416.50 an ounce. Source : Reuters

Gold Prices Little Changed as China Growth Data Matches Expectations

Gold prices were little changed on Monday in Asia after data showed China™s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). The prices of the safe-haven asset was little changed after the release of a slew of China data this morning. The country™s GDP growth slowed to 6.2% year-on-year in the...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress. Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came. Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are...

Dollar Extends Losses on Fed's Rate Cut Hints
Thursday, 11 July 2019 15:40 WIB | CURRENCIES | Indeks DolarDolar AS

The dollar was mostly lower in early trading in Europe Thursday, extending losses made on Wednesday after Federal Reserve Chairman Jerome Powell dropped his clearest hint yet that the central bank will cut interest rates at its next policy meeting at the end of the month.

By 3:45 AM ET (0745 GMT), the dollar index, which measures the greenback against a basket of developed-market peers, was at 96.553, rebounding a little from an overnight low of 96.463. That™s around half a percent lower than it was before Powell begun his testimony.

The dollar also slipped against the British pound, which has been better supported since data showing that the economy rebounded somewhat in May. Sterling was at $1.2534, up nearly a cent from this week™s lows.

Source: Investing.com

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EUR/USD in Bullish Consolidation Phase Around 1.1270...
Monday, 15 July 2019 11:50 WIB

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AUD/USD Surges to 10-Day High After China Data Dump...
Monday, 15 July 2019 09:24 WIB

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U.S. Dollar Falls on Continued Fed-Driven Momentum...
Friday, 12 July 2019 15:28 WIB

The U.S. dollar extended losses made earlier this week on continued Fed-driven momentum. The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 96.532 by...

Dollar steadies as strong U.S. inflation tempers chance of aggressive Fed rate cut...
Friday, 12 July 2019 07:48 WIB

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POPULAR NEWS
Oil Holds Advance After Storm Barry Disrupts U.S. Production

Oil prices carried over a bullish tone from last week after Tropical Storm Barry shut down almost three-quarters of U.S. Gulf of Mexico production over the weekend. Futures in New York were up slightly, after gaining 4.7% last week. Barry weakened to a tropical depression Sunday, with some producers preparing to re-staff their offshore platforms. As of Sunday, Barry caused nearly 73% of crude oil production in the gulf to shut, up from 70% the day before, the Bureau of Safety...

Gold Trades Steady Ahead of China GDP Data

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the world™s second-largest economy. Spot gold was flat at $1,415.34 per ounce as of 0100 GMT. U.S. gold futures were up 0.3% at $1,416.50 an ounce. Source : Reuters

Gold Prices Little Changed as China Growth Data Matches Expectations

Gold prices were little changed on Monday in Asia after data showed China™s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). The prices of the safe-haven asset was little changed after the release of a slew of China data this morning. The country™s GDP growth slowed to 6.2% year-on-year in the...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress. Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came. Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are...

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