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POPULAR NEWS
Gold Down Over Escalating U.S.-China Tensions

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold futures slid by 0.47% at $1,727.40 by 12:26 AM ET (5:26 AM GMT), with the yellow metal unable to hold onto its gains from the previous session. Stocks, which usually move in the opposite direction to gold, were mixed with Greater Chinese stocks suffering losses on Monday. Investors risk sentiment was down on Friday after China formally tabled national...

Gold Falls as Potential Japan Stimulus Boosts Risk Appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh tensions over Hong Kong limited the metal™s fall. Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to $1,726.60. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programs for...

Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand. Futures in New York lost 0.4% in Asian trading after falling 2% on Friday. China warned that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between the superpowers could complicate the market™s recovery from a historic demand crash. Beijing last week abandoned its decades-long practice...

Gold down as potential Japanese stimulus boosts risk appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus programme that boosted investors' risk appetite, though fresh tensions over Hong Kong limited the metal's fall. Spot gold fell 0.4% to $1,728.06 per ounce by 02:52 GMT. U.S. gold futures were down 0.4% at 1,728.50. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programmes for...

Tokyo stocks open higher on virus hopes

Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo. The benchmark Nikkei 225 index was up 1.37 percent or 279.75 points at 20,667.91 in early trade, while the broader Topix index advanced 1.16 percent or 17.20 points to 1,495.00. Source:  AFP

Oil Prices Settle About 3% Higher as U.S. Crude Supplies Rise Less Than Expected
Thursday, 21 November 2019 03:42 WIB | COMMODITY |BrentWTIMinyak

Oil futures finished higher on Wednesday, following a U.S. government report that showed domestic crude supplies up a fourth straight week, but by less than the six million-barrel jump reported by a trade group the day before.

The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 1.4 million barrels for the week ended Nov. 15. That followed increases in each of the past three weeks.

The latest climb, however, was a bit smaller than the 1.6 million-barrel rise expected by analysts polled by S&P Global Platts. The American Petroleum Institute on Tuesday reported a climb of roughly 6 million barrels.

West Texas Intermediate crude for December delivery added $1.90, or 3.4%, to settle at $57.11 a barrel on the New York Mercantile Exchange, after settling below its 50-day moving average of $55.59 on Tuesday, according to FactSet data. The day™s dollar and percentage rise was the biggest since Nov. 1, according to Dow Jones Market Data.

The December contract expired at Wednesday™s settlement. WTI oil for January delivery, the new front-month contract, tacked on $1.66, or 3%, to $57.01 a barrel.

January Brent crude gained 1.49, or 2.5%, to settle at $62.40 a barrel on ICE Futures Europe, following its 2.5% decline on Tuesday.

Source : Market Watch

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POPULAR NEWS
Gold Down Over Escalating U.S.-China Tensions

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold futures slid by 0.47% at $1,727.40 by 12:26 AM ET (5:26 AM GMT), with the yellow metal unable to hold onto its gains from the previous session. Stocks, which usually move in the opposite direction to gold, were mixed with Greater Chinese stocks suffering losses on Monday. Investors risk sentiment was down on Friday after China formally tabled national...

Gold Falls as Potential Japan Stimulus Boosts Risk Appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh tensions over Hong Kong limited the metal™s fall. Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to $1,726.60. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programs for...

Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand. Futures in New York lost 0.4% in Asian trading after falling 2% on Friday. China warned that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between the superpowers could complicate the market™s recovery from a historic demand crash. Beijing last week abandoned its decades-long practice...

Gold down as potential Japanese stimulus boosts risk appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus programme that boosted investors' risk appetite, though fresh tensions over Hong Kong limited the metal's fall. Spot gold fell 0.4% to $1,728.06 per ounce by 02:52 GMT. U.S. gold futures were down 0.4% at 1,728.50. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programmes for...

Tokyo stocks open higher on virus hopes

Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo. The benchmark Nikkei 225 index was up 1.37 percent or 279.75 points at 20,667.91 in early trade, while the broader Topix index advanced 1.16 percent or 17.20 points to 1,495.00. Source:  AFP

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