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POPULAR NEWS
Gold Pares Weekly Gain After Kudlow's Comments on Deal

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz. Source: Bloomberg

Hong Kong Stocks Suffer Fresh Losses (Review)

Hong Kong stocks dropped more than one percent Thursday, extending the week's sell-off as the city reeled from another day of protests that badly hit public transport and shuttered schools and some businesses. The Hang Seng Index sank 0.93 percent, or 247.77 points, to 26,323.69. The benchmark Shanghai Composite Index added 0.16 percent, or 4.63 points, to 2,909.87, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.61 percent, or 9.83 points, to...

Dollar buoyed by caution as trade deal optimism wanes

The dollar found broad support on Friday as fresh signs of a global economic slowdown and little visible progress toward a Sino-U.S. trade truce put investors in a risk-averse mood. The dollar clawed back some of the ground it gave to the safe-haven yen overnight, rising 0.1% to buy 108.55 yen, and kept hold of overnight gains against the Australian and New Zealand dollars. Against a basket of currencies, the dollar last traded at 98.163. The euro was stable at $1.1020. Moves were slight as...

Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Euro steadies as dollar picks up gains on U.S., China trade deal optimism
Tuesday, 22 October 2019 15:16 WIB | CURRENCIES | EuroCurrencyDOLLAR

The euro was steady on Tuesday after rising to a two-month high in the previous session versus the dollar as traders waited for the British parliament to vote on the Withdrawal Agreement Bill as it will shine light on when and how Britain will exit the EU.

The United Kingdom is expected to leave the European Union on Oct. 31, but the deal Prime Minister Boris Johnson and his European counterparts agreed last week has not been yet voted on in the Britain's parliament, which forced Johnson to request an extension to the leaving date from Brussels.

The euro-dollar has been driven mostly by Brexit developments of late, as well as by trade disputes between the United States and China.

The euro was flat at $1.1146 after rising to a two-month high against the dollar on Monday. Against a basket of six major currencies, the greenback was neutral at 97.32.

Source : Reuters

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The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this w...

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U.S. Dollar Flat as Weekly Jobless Claims Rise to Five-Month High...
Thursday, 14 November 2019 23:18 WIB

The U.S. dollar was unmoved on Thursday as the number of Americans applying for unemployment benefits rose to an unexpected five-month high and there were no new comments on monetary policy from Feder...

EUR/GBP Hits Its Lowest Level Since 8th May 2019...
Thursday, 14 November 2019 17:07 WIB

Ahead of the UK retail sales data, there was some GBP strength entering the market. GBP/USD spiked higher to 1.2867 and EUR/GBP hit a low of 0.85493. Despite the miss on the retail sales number, the...

POPULAR NEWS
Gold Pares Weekly Gain After Kudlow's Comments on Deal

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz. Source: Bloomberg

Hong Kong Stocks Suffer Fresh Losses (Review)

Hong Kong stocks dropped more than one percent Thursday, extending the week's sell-off as the city reeled from another day of protests that badly hit public transport and shuttered schools and some businesses. The Hang Seng Index sank 0.93 percent, or 247.77 points, to 26,323.69. The benchmark Shanghai Composite Index added 0.16 percent, or 4.63 points, to 2,909.87, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.61 percent, or 9.83 points, to...

Dollar buoyed by caution as trade deal optimism wanes

The dollar found broad support on Friday as fresh signs of a global economic slowdown and little visible progress toward a Sino-U.S. trade truce put investors in a risk-averse mood. The dollar clawed back some of the ground it gave to the safe-haven yen overnight, rising 0.1% to buy 108.55 yen, and kept hold of overnight gains against the Australian and New Zealand dollars. Against a basket of currencies, the dollar last traded at 98.163. The euro was stable at $1.1020. Moves were slight as...

Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

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