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POPULAR NEWS
Gold prices finish lower as some upbeat economic data dull haven demand

Gold futures gave up earlier gains to finish lower on Thursday, as some upbeat U.S. economic data dulled haven demand for the precious metal. Prices also declined on the back of further gains in U.S. benchmark stock indexes, which followed the completion Wednesday of the first stage in a trade pact between the U.S. and China and the Senate approval of the U.S.-Mexico-Canada trade agreement on Thursday. Gold for February delivery on Comex declined by $3.50, or 0.2%, to settle at $1,550.50 an...

Gold Prices Aim for Back-to-Back Gain as Dollar and Bond Yields Retreat

Gold futures on Thursday headed for their highest close in about a week, extending a climb from Wednesday following the completion of the first stage in a trade pact between the U.S. and China. Gold for February delivery on Comex edged up $3.30, or 0.2%, at $1,556.80 an ounce, after the metal settled 0.6% higher a day ago. Gold is on pace for its best gain since Jan. 10, according to FactSet data. March silver, meanwhile, picked up 4 cents, or 0.2%, at $18.025 an ounce, after gold™s sister...

Oil futures end higher as U.S. trade deals raise expectations for energy demand

Oil futures ended higher on Thursday, with prices bouncing back after settling a day earlier at their lowest level since December. The U.S. and China made the first phase of their trade deal official on Wednesday and the Senate approved the U.S.-Mexico-Canada Agreement on Thursday, boosting prospects for U.S. energy demand. February West Texas Intermediate oil tacked on 71 cents, or 1.2%, to settle at $58.52 barrel on the New York Mercantile Exchange. Source: Marketwatch

Hong Kong Stocks Finish with Gains (Review)

Hong Kong stocks closed Thursday on a positive note, having fluctuated through the day after China and the United States finally signed their trade deal, with investors poring over the details. The Hang Seng index added 0.38 percent, or 109.45 points, to close at 28,883.04. The benchmark Shanghai Composite Index lost 0.52 percent, or 15.96 points, to 3,074.08 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.15 percent, or 2.64 points, to...

Dollar Calm; Focus on Emerging Central Banks

The U.S. dollar is largely unchanged in European trade early Thursday, as a degree of calm prevails following the signing of the Sino-U.S. trade deal. At 03:25 ET (08:25 GMT), the euro traded at $1.1155, up 0.1%, while sterling stood at $1.3046, up 0.1%. The dollar traded at 110.05 yen, up 0.1%. The dollar index, which tracks the greenback against a basket of developed market currencies, was down 0.1% at 96.910. That signing of the much-anticipated phase one trade agreement between the U.S....

Oil Snaps 2-Day Rally on China; OPEC Optimism Delivers Positive Week
Saturday, 23 November 2019 03:55 WIB | COMMODITY |BrentWTIMinyak

Oil prices snapped their two-day rally on Friday on U.S.-China angst, but still managed to finish the week higher on suggestions that OPEC+ production cuts will continue until June.

U.S. West Texas Intermediate and U.K. Brent crude settled down about 1% on the day and steady on the week.

The disparity came as traders tried to balance out China™s latest dare against U.S. tariffs with Russia™s assurance that it had its ally OPEC™s back on output reductions. Some even noted that the futures market in crude seemed to be aligning with higher physical prices -- a rare occurrence indeed.

WTI settled down 81 cents, or 1.4%, at $57.77 per barrel.

Brent, the global benchmark for crude, closed the New York session down 58 cents, or 0.9%, at $63.39.

For the week, both WTI and Brent rose less than a dime each. Their yearly performance was much better, of course, with gains of 28% and 18%, respectively.

Source : Investing.com

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POPULAR NEWS
Gold prices finish lower as some upbeat economic data dull haven demand

Gold futures gave up earlier gains to finish lower on Thursday, as some upbeat U.S. economic data dulled haven demand for the precious metal. Prices also declined on the back of further gains in U.S. benchmark stock indexes, which followed the completion Wednesday of the first stage in a trade pact between the U.S. and China and the Senate approval of the U.S.-Mexico-Canada trade agreement on Thursday. Gold for February delivery on Comex declined by $3.50, or 0.2%, to settle at $1,550.50 an...

Gold Prices Aim for Back-to-Back Gain as Dollar and Bond Yields Retreat

Gold futures on Thursday headed for their highest close in about a week, extending a climb from Wednesday following the completion of the first stage in a trade pact between the U.S. and China. Gold for February delivery on Comex edged up $3.30, or 0.2%, at $1,556.80 an ounce, after the metal settled 0.6% higher a day ago. Gold is on pace for its best gain since Jan. 10, according to FactSet data. March silver, meanwhile, picked up 4 cents, or 0.2%, at $18.025 an ounce, after gold™s sister...

Oil futures end higher as U.S. trade deals raise expectations for energy demand

Oil futures ended higher on Thursday, with prices bouncing back after settling a day earlier at their lowest level since December. The U.S. and China made the first phase of their trade deal official on Wednesday and the Senate approved the U.S.-Mexico-Canada Agreement on Thursday, boosting prospects for U.S. energy demand. February West Texas Intermediate oil tacked on 71 cents, or 1.2%, to settle at $58.52 barrel on the New York Mercantile Exchange. Source: Marketwatch

Hong Kong Stocks Finish with Gains (Review)

Hong Kong stocks closed Thursday on a positive note, having fluctuated through the day after China and the United States finally signed their trade deal, with investors poring over the details. The Hang Seng index added 0.38 percent, or 109.45 points, to close at 28,883.04. The benchmark Shanghai Composite Index lost 0.52 percent, or 15.96 points, to 3,074.08 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.15 percent, or 2.64 points, to...

Dollar Calm; Focus on Emerging Central Banks

The U.S. dollar is largely unchanged in European trade early Thursday, as a degree of calm prevails following the signing of the Sino-U.S. trade deal. At 03:25 ET (08:25 GMT), the euro traded at $1.1155, up 0.1%, while sterling stood at $1.3046, up 0.1%. The dollar traded at 110.05 yen, up 0.1%. The dollar index, which tracks the greenback against a basket of developed market currencies, was down 0.1% at 96.910. That signing of the much-anticipated phase one trade agreement between the U.S....

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