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POPULAR NEWS
Tokyo's Nikkei index edges up at open

Tokyo's benchmark Nikkei index edged up at the open on Monday as investors awaited US-Japan summit talks later on the day. The key Nikkei 225 index was up 0.03 percent, or 5.97 points, at 21,123.19 in early trade, while the broader Topix index was down 0.04 percent, or 0.66 points, at 1,540.55. Sumber : AFP

Euro holds steady after EU vote shows pro-Europe parties cling to majority

The euro barely budged in early Monday trade after pro-European Union parties held on to two-thirds of seats in the EU parliament elections, limiting gains in nationalist opponents. The common currency was little changed at $1.1210 in Asian trade and off a two-year low of $1.11055 touched on Thursday, as the markets studied the outcome of the vote. The dollar was little changed against other currencies. The U.S. currency traded at 109.35 yen, not far from a three-month low of 109.02 touched...

Asia stocks steady, euro little moved as EU vote shows limited gains by nationalists

Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend's European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1%. South Korea's Kospi index was little changed. Australia's S&P/ASX 200 Index was flat. The euro was a shade higher at $1.1211, holding within a tight $1.2272-$1.2754 range in what was a limited reaction to so far the...

Gold Prices Rise; Brexit, Sino-U.S. Trade War in Focus

Gold prices rose on Monday in Asia. News on Brexit develop and the Sino-U.S trade war remained in focus. Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,286.55 per ounce by 1:20 AM ET (05:20 GMT). Traders await more trade-related news as U.S. President Donald Trump prepares to meet with his Chinese counterpart Xi Jinping next month at the G-20 meeting in Japan. The precious metal entered a new phase of uncertainty on its...

Gold Gains as Growth Concerns Curb Equity Demand

Gold rose for a third day as concerns that the U.S.-China trade war is hurting global growth damps risk appetite. With world stocks heading toward their first monthly decline of 2019, traders will be closely watching economic data for further clues on the impact of the trade tensions. China™s official manufacturing PMI for May is due Friday, with economists anticipating a tick down to 49.9, which signals a contraction. Spot gold +0.2% to $1,287.15/oz at 9:53am...

Reserve Bank of Australia Keeps Rates on Hold, Aussie Spikes to 0.7045
Tuesday, 7 May 2019 11:54 WIB | FISCAL & MONETARY |RBA

The Reserve Bank of Australia (RBA), at its May monetary policy meeting held this Tuesday, made no adjustment to its official cash rate (OCR) and maintained it at a record low of 1.50 percent for the thirtieth straight meeting, disappointing the hawks big time.

The RBA statement read: œThe Board judged that it was appropriate to hold the stance of policy unchanged at this meeting. In doing so, it recognised that there was still spare capacity in the economy and that a further improvement in the labour market was likely to be needed for inflation to be consistent with the target. Given this assessment, the Board will be paying close attention to developments in the labour market at its upcoming meetings.

With regard to the inflation level, the RBA added: œThe inflation data for the March quarter were noticeably lower than expected and suggest subdued inflationary pressures across much of the economy. Over the year, inflation was 1.3 per cent and, in underlying terms, was 1.6 per cent.

Source : FX Street

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POPULAR NEWS
Tokyo's Nikkei index edges up at open

Tokyo's benchmark Nikkei index edged up at the open on Monday as investors awaited US-Japan summit talks later on the day. The key Nikkei 225 index was up 0.03 percent, or 5.97 points, at 21,123.19 in early trade, while the broader Topix index was down 0.04 percent, or 0.66 points, at 1,540.55. Sumber : AFP

Euro holds steady after EU vote shows pro-Europe parties cling to majority

The euro barely budged in early Monday trade after pro-European Union parties held on to two-thirds of seats in the EU parliament elections, limiting gains in nationalist opponents. The common currency was little changed at $1.1210 in Asian trade and off a two-year low of $1.11055 touched on Thursday, as the markets studied the outcome of the vote. The dollar was little changed against other currencies. The U.S. currency traded at 109.35 yen, not far from a three-month low of 109.02 touched...

Asia stocks steady, euro little moved as EU vote shows limited gains by nationalists

Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend's European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1%. South Korea's Kospi index was little changed. Australia's S&P/ASX 200 Index was flat. The euro was a shade higher at $1.1211, holding within a tight $1.2272-$1.2754 range in what was a limited reaction to so far the...

Gold Prices Rise; Brexit, Sino-U.S. Trade War in Focus

Gold prices rose on Monday in Asia. News on Brexit develop and the Sino-U.S trade war remained in focus. Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,286.55 per ounce by 1:20 AM ET (05:20 GMT). Traders await more trade-related news as U.S. President Donald Trump prepares to meet with his Chinese counterpart Xi Jinping next month at the G-20 meeting in Japan. The precious metal entered a new phase of uncertainty on its...

Gold Gains as Growth Concerns Curb Equity Demand

Gold rose for a third day as concerns that the U.S.-China trade war is hurting global growth damps risk appetite. With world stocks heading toward their first monthly decline of 2019, traders will be closely watching economic data for further clues on the impact of the trade tensions. China™s official manufacturing PMI for May is due Friday, with economists anticipating a tick down to 49.9, which signals a contraction. Spot gold +0.2% to $1,287.15/oz at 9:53am...

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