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POPULAR NEWS
Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

S&P 500, Dow close at new records, notch best weekly gains since August

U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 index gained roughly 13 points, or 0.4% to close at 3,330 and the Nasdaq Composite index advanced 32 points, or 0.2% to end the session at roughly 9,389. All three benchmarks set new intraday and...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42. The benchmark Shanghai Composite Index rose 0.05 percent, or 1.41 points, to 3,075.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.29 percent, or 5.29...

Oil posts second straight week of declines as global demand concerns weigh

Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. Brent crude futures gained 25 cents to trade at $64.87 per barrel. U.S. West Texas Intermediate crude futures gained 2 cents to settle at $58.54. For the week, Brent fell 0.2%, while WTI lost 0.8%. China's economy, the world™s second-largest, grew by 6.1% in 2019, its slowest expansion in...

Dollar Edges Lower Amid Mixed Messages on Trade
Thursday, 5 December 2019 15:21 WIB | CURRENCIES | Euro YenCurrencyDOLLAR

The dollar edged lower against a basket of its rivals on Thursday as mixed messages on trade from U.S. President Donald Trump tempered hopes that China and the U.S. may soon reach an agreement to end their protracted trade war.

Trump said on Wednesday that trade talks with China were going "very well," sounding more positive than on Tuesday when he said a trade deal might have to wait until after the 2020 U.S. presidential election.

His comments on Tuesday, which raised the prospect of a long extension of the trade war between the world's two largest economies, hit market sentiment.

Movements in major currencies were muted. The safe-haven Japanese yen was steady at 108.86 per dollar by 02:56 AM ET (7:56 GMT), while the Swiss franc inched higher to 0.9879 per dollar.

The euro was a touch higher against the dollar at 1.1083, which pushed the U.S. dollar index down 0.1%.

Source : Investing.com

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POPULAR NEWS
Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

S&P 500, Dow close at new records, notch best weekly gains since August

U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 index gained roughly 13 points, or 0.4% to close at 3,330 and the Nasdaq Composite index advanced 32 points, or 0.2% to end the session at roughly 9,389. All three benchmarks set new intraday and...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42. The benchmark Shanghai Composite Index rose 0.05 percent, or 1.41 points, to 3,075.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.29 percent, or 5.29...

Oil posts second straight week of declines as global demand concerns weigh

Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. Brent crude futures gained 25 cents to trade at $64.87 per barrel. U.S. West Texas Intermediate crude futures gained 2 cents to settle at $58.54. For the week, Brent fell 0.2%, while WTI lost 0.8%. China's economy, the world™s second-largest, grew by 6.1% in 2019, its slowest expansion in...

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