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POPULAR NEWS
Gold Set for Weekly Loss as Investors Weigh Fed, Korea

Gold heads for second weekly decline as investors weigh Federal Reserve™s signal for four interest rate increases by end-2018 and plans to reduce bank™s balance sheet against tensions over North Korea. Bullion for immediate delivery added 0.2% at $1,293.95/oz at 8:56am in Singapore: Bloomberg generic pricing. This metal fell to $1,288.20/oz on Thursday, lowest since Aug. 25. Gold lost 2% this week after dropping same amount last week. Bloomberg Dollar Spot Index rose 0.6% this...

British pound drops to two-day low against euro on PM May talks Brexit plan

The British pound weakened against the U.S. dollar and the euro on Friday, as Prime Minister Theresa May revealed details on Britain's ambitious for Brexit in a speech in Florence. Against the dollar, the pound slipped to $1.3495, a new intraday low, while the euro jumped to a two-day high at £0.8874.   Source: Marketwatch

ECB's Draghi: we aren't there yet on inflation

More comments coming out of the ECB President Mario Draghi's scheduled speech at the ECB Youth Dialogue at Trinity College, in Dublin: Key quotes (via LiveSquawk):    ¢  We aren™t there yet on inflation    ¢  We haven™t seen much financial stability risks    ¢  Financial system much more resilient thanks to reforms    ¢  Local imbalances shouldn™t be addressed by monetary policy Meanwhile, the EUR/USD pair quickly retreated around 15-20 pips from session tops...

U.S. stock futures fall after North Korean nuclear bomb threat

U.S. stock futures pointed to opening losses for Wall Street on Friday, as geopolitical tensions returned to the fore after North Korea threatened to test a hydrogen bomb over the Pacific Ocean. Traders were also looking ahead to a trio of Federal Reserve speakers, searching for more details on monetary policy after the central bank™s meeting earlier this week. Futures for the Dow Jones Industrial Average lost 27 points, or 0.1%, to 22,306, while those for the S&P 500 index gave up...

Stocks dip on latest North Korea threat; Dow on track for 2nd weekly gain

U.S. stocks edged lower on Friday, as geopolitical tensions returned to the forefront after North Korea threatened to test a hydrogen bomb over the Pacific Ocean, although the selling was limited as the market™s general uptrend was seen as intact. The Dow Jones Industrial Average dipped 10 points to 22,354, a drop of less than 0.1%. The S&P 500 is down less than a point to 2,499. The Nasdaq Composite Index slipped 3 points, or less than 0.1%, to 6,419.   Source: Marketwatch

EIA Reports Smaller-than-expected Rise in U.S. Crude Supplies, Output Climbs
Wednesday, 13 September 2017 21:53 WIB | COMMODITY |MinyakWTIMinyak WTI

Data from the U.S. Energy Information Administration Wednesday showed that domestic crude supplies climbed by 5.9 million barrels for the week ended Sept. 8.

That's below the forecast for a rise of 10.1 million barrels by analysts surveyed by S&P Global Platts. The American Petroleum Institute had reported late Tuesday an increase of 6.2 million barrels, according to sources.

But the EIA also reported that total domestic crude output rose by 572,000 barrels a day to 9.35 million barrels. Gasoline stockpiles were down 8.4 million barrels for the week, while distillate stockpiles fell 3.2 million barrels, according to the EIA. October crude rose 54 cents, or 1.1%, to $48.78 a barrel on the New York Mercantile Exchange. Prices traded at $48.74 before the supply data.

Source : Market Watch

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POPULAR NEWS
Gold Set for Weekly Loss as Investors Weigh Fed, Korea

Gold heads for second weekly decline as investors weigh Federal Reserve™s signal for four interest rate increases by end-2018 and plans to reduce bank™s balance sheet against tensions over North Korea. Bullion for immediate delivery added 0.2% at $1,293.95/oz at 8:56am in Singapore: Bloomberg generic pricing. This metal fell to $1,288.20/oz on Thursday, lowest since Aug. 25. Gold lost 2% this week after dropping same amount last week. Bloomberg Dollar Spot Index rose 0.6% this...

British pound drops to two-day low against euro on PM May talks Brexit plan

The British pound weakened against the U.S. dollar and the euro on Friday, as Prime Minister Theresa May revealed details on Britain's ambitious for Brexit in a speech in Florence. Against the dollar, the pound slipped to $1.3495, a new intraday low, while the euro jumped to a two-day high at £0.8874.   Source: Marketwatch

ECB's Draghi: we aren't there yet on inflation

More comments coming out of the ECB President Mario Draghi's scheduled speech at the ECB Youth Dialogue at Trinity College, in Dublin: Key quotes (via LiveSquawk):    ¢  We aren™t there yet on inflation    ¢  We haven™t seen much financial stability risks    ¢  Financial system much more resilient thanks to reforms    ¢  Local imbalances shouldn™t be addressed by monetary policy Meanwhile, the EUR/USD pair quickly retreated around 15-20 pips from session tops...

U.S. stock futures fall after North Korean nuclear bomb threat

U.S. stock futures pointed to opening losses for Wall Street on Friday, as geopolitical tensions returned to the fore after North Korea threatened to test a hydrogen bomb over the Pacific Ocean. Traders were also looking ahead to a trio of Federal Reserve speakers, searching for more details on monetary policy after the central bank™s meeting earlier this week. Futures for the Dow Jones Industrial Average lost 27 points, or 0.1%, to 22,306, while those for the S&P 500 index gave up...

Stocks dip on latest North Korea threat; Dow on track for 2nd weekly gain

U.S. stocks edged lower on Friday, as geopolitical tensions returned to the forefront after North Korea threatened to test a hydrogen bomb over the Pacific Ocean, although the selling was limited as the market™s general uptrend was seen as intact. The Dow Jones Industrial Average dipped 10 points to 22,354, a drop of less than 0.1%. The S&P 500 is down less than a point to 2,499. The Nasdaq Composite Index slipped 3 points, or less than 0.1%, to 6,419.   Source: Marketwatch

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