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POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance from the head of the U.S. central bank chief Jerome Powell on Friday. Spot gold fell $7.21, or 0.5%, to $1,500.20 a troy ounce by 7:41 AM ET (11:41 GMT), while Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, lost $5.55, or 0.4%, to $1,510.15. The Fed...

Oil Steadies After Report Indicates Drawdown in U.S. Stockpiles

Oil was steady in Asian trading after a private-sector report indicated that U.S. crude supplies had tightened in the past week. Futures in New York rose 3 cents, after clawing back losses in a volatile session on Tuesday. The market had stumbled after U.S. Secretary of State Mike Pompeo told CNBC that Huawei Technologies Co. and other Chinese companies pose national security threats to the U.S. A recovery came as focus switched to analyst forecasts that...

Hong Kong stocks end with losses (Review)

Hong Kong shares ended slightly lower on Tuesday after a four-day rally, with profit-taking offsetting fresh hopes for China-US trade talks. The Hang Seng Index slipped 0.23 per cent, or 60.30 points, to 26,231.54. The benchmark Shanghai Composite Index fell 0.11 per cent, or 3.09 points, to 2,880.00 but the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.14 per cent, or 2.15 points, to 1,574.12. Source : AFP

Gold Prices Slip Ahead of Jackson Hole Symposium

Gold prices slipped on Wednesday in Asia ahead of the highly anticipated Jackson Hole symposium. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2% at $1,512.25. Both the U.S. Federal Reserve and the European Central Bank will release minutes from their latest policy meetings this week, while Fed Chair Jerome Powell will give a speech on Friday at Jackson Hole. Analysts believe Powell™s speech will provide an unknown risk...

Oil Prices Jump as Tension Rises in Strait of Hormutz
Monday, 22 July 2019 19:07 WIB | COMMODITY |MinyakWTIBrent

Oil prices traded sharply higher on Monday as tensions mounted between the U.K. and Iran, increasing expectations that tensions in the Persian Gulf could potentially lead to a disruption of crude supply.

New York-traded West Texas Intermediate crude futures rose 75 cents, or 1.4%, to $56.38 a barrel by 7:51 AM ET (11:51 GMT), while Brent crude futures, the benchmark for oil prices outside the U.S., gained 80 cents, or 1.3%, to $63.27.

U.K. Prime Minister Theresa May was set to hold an emergency meeting on Monday to discuss with British ministers the appropriate action to take to maintain the security of shipping in the Strait of Hormuz, the bottleneck for the shipping of about one-fifth of world™s oil.

That comes after a British-flagged tanker was seized by Iran in the Persian Gulf last Friday and is the latest development in heightened tensions in the region, particularly between Washington and Tehran.

The U.S. accused Iran of being behind two tanker attacks in the region since May and threatened on Friday to down any Iranian drones that fly too close to its ships.

Source : Investing.com

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POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance from the head of the U.S. central bank chief Jerome Powell on Friday. Spot gold fell $7.21, or 0.5%, to $1,500.20 a troy ounce by 7:41 AM ET (11:41 GMT), while Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, lost $5.55, or 0.4%, to $1,510.15. The Fed...

Oil Steadies After Report Indicates Drawdown in U.S. Stockpiles

Oil was steady in Asian trading after a private-sector report indicated that U.S. crude supplies had tightened in the past week. Futures in New York rose 3 cents, after clawing back losses in a volatile session on Tuesday. The market had stumbled after U.S. Secretary of State Mike Pompeo told CNBC that Huawei Technologies Co. and other Chinese companies pose national security threats to the U.S. A recovery came as focus switched to analyst forecasts that...

Hong Kong stocks end with losses (Review)

Hong Kong shares ended slightly lower on Tuesday after a four-day rally, with profit-taking offsetting fresh hopes for China-US trade talks. The Hang Seng Index slipped 0.23 per cent, or 60.30 points, to 26,231.54. The benchmark Shanghai Composite Index fell 0.11 per cent, or 3.09 points, to 2,880.00 but the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.14 per cent, or 2.15 points, to 1,574.12. Source : AFP

Gold Prices Slip Ahead of Jackson Hole Symposium

Gold prices slipped on Wednesday in Asia ahead of the highly anticipated Jackson Hole symposium. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2% at $1,512.25. Both the U.S. Federal Reserve and the European Central Bank will release minutes from their latest policy meetings this week, while Fed Chair Jerome Powell will give a speech on Friday at Jackson Hole. Analysts believe Powell™s speech will provide an unknown risk...

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