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POPULAR NEWS
Oil Jumps After Unrest Hits Key OPEC Producers Libya and Iraq

Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya. Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...

Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Dollar holds gains as investors cheer U.S. economic outlook

The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week high against the euro, at $1.1096, and just below an eight-month peak on the Japanese yen, at 110.19 yen per dollar. The pound edged lower on Monday to $1.3002, its weakest in a week. Against a basket of currencies, the greenback was steady at 97.620, a whisker below a three-week high...

Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Saham Asia berpijak lebih tinggi, minyak naik pada penutupan Libya

Saham Asia mendekati level tertinggi 20 bulan pada hari Senin karena Wall Street melanjutkan rekor puncaknya pada data ekonomi AS yang solid serta tekanan likuiditas dari Federal Reserve. Harga minyak melonjak karena ladang minyak di Libya barat daya mulai ditutup setelah pasukan yang setia kepada Khalifa Haftar menutup jalur pipa, yang berpotensi mengurangi produksi dalam negeri hingga sebagian kecil dari level normal. Omset awal di saham Asia ringan dengan pasar saham dan obligasi AS...

AUD/JPY Drops to 74.35 After Aussie Data Dump
Thursday, 5 December 2019 08:45 WIB | CURRENCIES |AussieDollar Australia,

AUD/JPY plummets to 74.36 amid the Asian session on Thursday. The pair reacts to the downbeat Retail Sales and Trade Balance numbers from Australia.

Australia™s October month Trade Balance slipped below 6,100M forecast to 4,502M while Retail Sales lagged behind 0.3% market consensus to 0.0%. This joins the previously released downbeat Aussie Gross Domestic Product (GDP) data and indicates hardships for the Australian dollar (AUD).

Further, Reuters™ news that Japan™s government is near to economic stimulus package worth about 13 trillion Japanese yen (JPY) also drags the pair down.

Trade sentiment again witnesses downside pressure as the Washington Post conveys that the United States (US) House Judiciary Committee Chairman Jerrold Nadler said President Trump™s conduct with Ukraine rose to an impeachable offense. Also contributing to the market pessimism could be the talks surrounding the US-Iran relation after The Telegraph said that the Trump administration considers 14,000 more troops for the Middle East.

The pair traders were earlier cheering the US President Donald Trump™s comments that the trade talks with China are going œvery well.

With no major data on the economic calendar, investors will keep eyes on trade/political headlines for fresh direction.

Source : FX Street

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POPULAR NEWS
Oil Jumps After Unrest Hits Key OPEC Producers Libya and Iraq

Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya. Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...

Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Dollar holds gains as investors cheer U.S. economic outlook

The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week high against the euro, at $1.1096, and just below an eight-month peak on the Japanese yen, at 110.19 yen per dollar. The pound edged lower on Monday to $1.3002, its weakest in a week. Against a basket of currencies, the greenback was steady at 97.620, a whisker below a three-week high...

Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Saham Asia berpijak lebih tinggi, minyak naik pada penutupan Libya

Saham Asia mendekati level tertinggi 20 bulan pada hari Senin karena Wall Street melanjutkan rekor puncaknya pada data ekonomi AS yang solid serta tekanan likuiditas dari Federal Reserve. Harga minyak melonjak karena ladang minyak di Libya barat daya mulai ditutup setelah pasukan yang setia kepada Khalifa Haftar menutup jalur pipa, yang berpotensi mengurangi produksi dalam negeri hingga sebagian kecil dari level normal. Omset awal di saham Asia ringan dengan pasar saham dan obligasi AS...

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