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POPULAR NEWS
Dow's Rise Toward Record High Capped by Roughly 85-Point Drag From Boeing's Stock

U.S. stock benchmarks edged higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing was capping gains in the blue-chip Dow index. The Dow Jones Industrial Average edged 20 points, or less than 0.1%, higher at 26,790. Boeing Co.™s stock extended its decline to a two-month low, down 3.6%, following a report on Friday that said the company may have misled federal aviation authorities about the safety of the 737 Max jet. The...

Silver Prices Finish Higher as Gold Posts Back-to-Back Declines

Silver futures finished higher on Monday, taking advantage of a rise in appetite for riskier assets while gold posted back-to-back declines as traders kept watch on Britain™s circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight. December silver rose 2.4 cents, or 0.1%, to settle at $17.602 an ounce after trading as high as $17.895 during the session. Gold for December delivery on Comex meanwhile, ended $6, or 0.4%, lower at $1,488.10 an...

Silver prices rally 1.6% -- leaving gold in the dust

Silver futures rallied Monday, taking advantage of a rise in appetite for riskier assets while gold edged slightly higher as traders kept watch on Britain's circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight. December silver jumped 28 cents, or 1.6%, to $17.850 an ounce. Gold for December delivery on Comex meanwhile, traded $3.90, or 0.3%, higher at $1,498 an ounce. In other metals trade, January platinum was up 0.4% at $899.70 an ounce,...

Gold Prices Flat; Traders Looking for Next Catalyst

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz. Source : Bloomberg

Oil Futures End Near a 2-Week Low as Investors Fret About Crude Demand

Oil futures settled at a nearly two-week low Monday, as investors failed to shake worries that growing signs of economic weakness will eventually hurt demand for crude oil. West Texas Intermediate crude for November delivery fell 47 cents, or 0.9%, to end at $53.31 a barrel on the New York Mercantile Exchange, after the U.S. benchmark contract posted a 1.7% weekly decline. The November contract, expires at Tuesday™s settlement. Global benchmark Brent crude for December lost 46 cents, or...

Oil Falls on Weaker Oil Demand Growth, Surprise Rise in U.S. Crude Stocks
Wednesday, 12 June 2019 08:03 WIB | COMMODITY |MinyakWTIBrent

Oil prices fell on Wednesday, weighed down by a weaker oil demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts.

Brent crude futures, the international benchmark for oil prices, were down 76 cents, or 1.22%, at $61.53 a barrel by 00:36 GMT.

U.S. West Texas Intermediate (WTI) crude futures were down 79 cents, or 1.3%, at $52.58 per barrel.

The U.S. Energy Information Administration (EIA) cut its forecasts for 2019 world oil demand growth and U.S. crude oil production in a monthly report released on Tuesday.

It reduced its 2019 world oil demand growth forecast by 160,000 barrels per day (bpd) to 1.22 million bpd, although it also wound back its forecast for 2019 U.S. crude production to 12.32 million bpd, 140,000 bpd less than the May forecast.

Source : Reuters

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Wednesday, 16 October 2019 03:40 WIB

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Oil Edges Higher as U.S.-China Trade Talks Get Under Way...
Thursday, 10 October 2019 19:32 WIB

Oil futures edged higher in choppy price action Thursday as traders attempted to make sense of conflicting news reports around U.S.-China trade talks and parsed OPEC™s monthly assessment of global s...

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POPULAR NEWS
Dow's Rise Toward Record High Capped by Roughly 85-Point Drag From Boeing's Stock

U.S. stock benchmarks edged higher Monday, amid optimism over tariff talks and better-than-expected corporate earnings, but a decline in shares of Boeing was capping gains in the blue-chip Dow index. The Dow Jones Industrial Average edged 20 points, or less than 0.1%, higher at 26,790. Boeing Co.™s stock extended its decline to a two-month low, down 3.6%, following a report on Friday that said the company may have misled federal aviation authorities about the safety of the 737 Max jet. The...

Silver Prices Finish Higher as Gold Posts Back-to-Back Declines

Silver futures finished higher on Monday, taking advantage of a rise in appetite for riskier assets while gold posted back-to-back declines as traders kept watch on Britain™s circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight. December silver rose 2.4 cents, or 0.1%, to settle at $17.602 an ounce after trading as high as $17.895 during the session. Gold for December delivery on Comex meanwhile, ended $6, or 0.4%, lower at $1,488.10 an...

Silver prices rally 1.6% -- leaving gold in the dust

Silver futures rallied Monday, taking advantage of a rise in appetite for riskier assets while gold edged slightly higher as traders kept watch on Britain's circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight. December silver jumped 28 cents, or 1.6%, to $17.850 an ounce. Gold for December delivery on Comex meanwhile, traded $3.90, or 0.3%, higher at $1,498 an ounce. In other metals trade, January platinum was up 0.4% at $899.70 an ounce,...

Gold Prices Flat; Traders Looking for Next Catalyst

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz. Source : Bloomberg

Oil Futures End Near a 2-Week Low as Investors Fret About Crude Demand

Oil futures settled at a nearly two-week low Monday, as investors failed to shake worries that growing signs of economic weakness will eventually hurt demand for crude oil. West Texas Intermediate crude for November delivery fell 47 cents, or 0.9%, to end at $53.31 a barrel on the New York Mercantile Exchange, after the U.S. benchmark contract posted a 1.7% weekly decline. The November contract, expires at Tuesday™s settlement. Global benchmark Brent crude for December lost 46 cents, or...

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