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POPULAR NEWS
Gold ends lower as Trump tweet raises optimism that trade deal with China near

Gold prices ended lower on Thursday as President Donald Trump's tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal. Gold prices had been trading higher early Thursday, with uncertainties surrounding a U.K. election and dovish stances by the Federal Reserve and the European Central Bank helping to provide support. February gold  fell by $2.70, or 0.2%, to settle at $1,472.30 an ounce, down significantly from the day's high of...

Gold Extends Decline After Trade Breakthrough, U.K. Election

Gold headed for a back-to-back decline as President Donald Trump signed off on a so-called phase-one trade deal with China and an exit poll indicated a comfortable majority for the governing Conservative Party in the U.K.'s national election. Bullion for immediate delivery fell as much as 0.5% in early trading Friday and was 0.3% lower at $1,465.53/oz as of 7:48 a.m. in Singapore. The metal declined 0.3% Thursday. Traders pulled $275 million from the VanEck Vectors Junior Gold Miners...

Gold to Extend Gain as Citi Says Low U.S. Rates Here to Stay

Gold™s got more room to rally as there™s little possibility of the Federal Reserve raising interest rates in 2020, according to Citigroup Inc (NYSE:C). Futures on the Comex will average $1,575 an ounce in 2020, and could climb above $1,600, with an upside bias seen at the end of the year, Doshi said. Prices traded around $1,478 on Thursday, up about 15% this year. Bullion is heading for the biggest annual gain since 2010 as central banks globally embraced looser monetary policy to try to...

Oil rises on US-China trade deal optimism

Oil prices rose nearly 1% on Thursday after U.S. President Donald Trump said Washington was œvery close to nailing down a trade deal with China. Brent crude futures rose 67 cents, or 1%, to $64.39 a barrel. West Texas Intermediate crude futures gained 42 cents, or 0.7%, to settle at $59.18 a barrel. Oil prices received a fresh boost after Trump™s tweet saying the United States was very close to a big deal with China amid reports that the country was considering a delay or possible...

Hong Kong Stocks End Sharply Higher (Review)

Hong Kong stocks surged more than one percent Thursday after the Federal Reserve indicated it would leave interest rate unchanged next year, while investors are keeping tabs on the China-US trade talks. The Hang Seng index climbed 1.31 percent, or 348.71 points, to 26,994.14. But the benchmark Shanghai Composite Index fell 0.30 percent, or 8.72 points, to 2,915.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.19 percent, or 3.17 points, to...

Oil Futures Decline, With U.S. Prices at Their Lowest in Over a Week
Friday, 8 February 2019 04:00 WIB | COMMODITY |MinyakWTIMinyak WTI

Oil futures declined on Thursday, with U.S. benchmark prices finishing at their lowest in more than a week.

Risks to energy demand, the potential for a boost in Libyan production and overall strength in the U.S. dollar pushed prices sharply lower for the session.

March West Texas Intermediate oil lost $1.37, or 2.5%, to settle at $52.64 a barrel, the lowest finish for a front-month contract since Jan. 28, according to FactSet data.

Source : Market Watch

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POPULAR NEWS
Gold ends lower as Trump tweet raises optimism that trade deal with China near

Gold prices ended lower on Thursday as President Donald Trump's tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal. Gold prices had been trading higher early Thursday, with uncertainties surrounding a U.K. election and dovish stances by the Federal Reserve and the European Central Bank helping to provide support. February gold  fell by $2.70, or 0.2%, to settle at $1,472.30 an ounce, down significantly from the day's high of...

Gold Extends Decline After Trade Breakthrough, U.K. Election

Gold headed for a back-to-back decline as President Donald Trump signed off on a so-called phase-one trade deal with China and an exit poll indicated a comfortable majority for the governing Conservative Party in the U.K.'s national election. Bullion for immediate delivery fell as much as 0.5% in early trading Friday and was 0.3% lower at $1,465.53/oz as of 7:48 a.m. in Singapore. The metal declined 0.3% Thursday. Traders pulled $275 million from the VanEck Vectors Junior Gold Miners...

Gold to Extend Gain as Citi Says Low U.S. Rates Here to Stay

Gold™s got more room to rally as there™s little possibility of the Federal Reserve raising interest rates in 2020, according to Citigroup Inc (NYSE:C). Futures on the Comex will average $1,575 an ounce in 2020, and could climb above $1,600, with an upside bias seen at the end of the year, Doshi said. Prices traded around $1,478 on Thursday, up about 15% this year. Bullion is heading for the biggest annual gain since 2010 as central banks globally embraced looser monetary policy to try to...

Oil rises on US-China trade deal optimism

Oil prices rose nearly 1% on Thursday after U.S. President Donald Trump said Washington was œvery close to nailing down a trade deal with China. Brent crude futures rose 67 cents, or 1%, to $64.39 a barrel. West Texas Intermediate crude futures gained 42 cents, or 0.7%, to settle at $59.18 a barrel. Oil prices received a fresh boost after Trump™s tweet saying the United States was very close to a big deal with China amid reports that the country was considering a delay or possible...

Hong Kong Stocks End Sharply Higher (Review)

Hong Kong stocks surged more than one percent Thursday after the Federal Reserve indicated it would leave interest rate unchanged next year, while investors are keeping tabs on the China-US trade talks. The Hang Seng index climbed 1.31 percent, or 348.71 points, to 26,994.14. But the benchmark Shanghai Composite Index fell 0.30 percent, or 8.72 points, to 2,915.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.19 percent, or 3.17 points, to...

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