DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold Futures Score First Weekly Gain in a Month

Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announced further sanctions on Iran. "The confrontation with Iran [is] still very real," said Jeff Wright, executive vice president of GoldMining Inc. "So you have safe-haven interest perking up into the weekend." Trump also said Friday that he didn™t need a trade deal with China before the 2020...

Gold ticks higher, set to snap streak of weekly declines

Gold prices inched higher Friday but gains were capped by a rise in bonds yields and stocks. However, bullion's trade over the past five sessions puts it on pace to break out of a weekly skid of three consecutive weekly losses. Gold for December delivery on Comex was up 80 cents, or less than 0.1%, at $1,507 an ounce, after retreating 0.6% on Thursday. For the week, the yellow metal is on track for a 0.5% gain based on last Friday's closing price, which would halt three consecutive weekly...

Gold Prices Rise, Recover from Losses After Fed's Decisions

Gold prices rose on Friday in Asia, recovering from losses suffered in the previous session following the conclusion of the U.S. Federal Reserve's latest policy meeting. Gold Futures for December delivery traded 0.4% higher at 1,512.25 per ounce on the Comex division of the New York Mercantile Exchange by 12:42 AM ET (04:42 GMT). The Fed cut rates for the second time this year Wednesday, again by a quarter point. The federal funds rate is now 1.75% to 2%. The U.S. dollar, which usually...

U.S. Oil Prices Up 6% For The Week, Biggest Weekly Gain in 3 Months

Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the extent of damages from the attacks on oil facilities last weekend, "the market mood has shifted to questioning how quickly production can be restored," Manish Raj, chief financial officer at exploration and production firm Velandera Energy Partners, told MarketWatch. "We are familiar with the repair and maintenance processes in oilfield services, and...

Gold Stands Tall Above $1,500 After Fed as Palladium Hits Record

Gold headed for the first weekly advance in four as mounting economic headwinds and monetary easing stayed in focus after this week's mixed policy messages from the Federal Reserve. Palladium rallied to record. Gold has advanced 17% this year as global conditions worsened and central banks around the world eased policy. Many bullion-watchers are forecasting longer-term gains as headwinds including U.S.-China trade tensions weigh on the world economy and pile on pressure for...

Fed Saw July Rate Cut as Insurance for Growth and Inflation
Thursday, 22 August 2019 01:24 WIB | FISCAL & MONETARY |Federal ReserveThe FedEkonomi AS

Federal Reserve officials viewed their interest-rate cut last month as insurance against too-low inflation and the risk of a deeper slump in business investment stemming from uncertainty over President Donald Trump™s trade war.

œMembers who voted for the policy action sought to better position the overall stance of policy to help counter the effects on the outlook of weak global growth and trade policy uncertainty, insure against any further downside risks from those sources, and promote a faster return of inflation to the 2% target, according to minutes of the July 30-31 Federal Open Market Committee meeting, released Wednesday in Washington.

The Fed cut rates for the first time since 2008, a move Chairman Jerome Powell called a œmid-cycle adjustment. The minutes described the quarter-point cut as part of an œongoing reassessment of the policy path that began in late 2018.

 œMembers generally agreed that it was important to maintain optionality in setting the future target range for the federal funds rate, the minutes said, indicating the committee didn™t view the cut as part of an extended cycle of reductions.

The Fed went out of its way to highlight the reasons for the cut in three bullet points, citing signs of economic deceleration, risk management concerns and too low inflation. The minutes said participants noted that œtrade uncertainty would remain a persistent headwind for the outlook.

FOMC participants said they still viewed a sustained U.S. economic expansion, strong labor markets and inflation near the target œas the most likely outcomes.

The minutes began with a lengthy discussion of the Fed™s policy strategy review, which indicated that officials aren™t ruling out any options, including an expansion of their policy toolkit.

Since the last meeting, the dollar has strengthened as the global economic outlook dimmed, raising the prospect for rate cuts abroad. Yields on U.S. 10-year Treasury notes have plunged toward record lows. Investors expect as many as three more quarter-point rate cuts this year to offset increasing downside risks, including a move next month.

Source : Bloomberg

RELATED NEWS
Bank of England leaves policy rate unchanged at 0.75% as expected...
Thursday, 19 September 2019 18:28 WIB

In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435 bill...

SNB leaves key rate unchanged at -0.75%, USD/CHF eases-off 3-month tops...
Thursday, 19 September 2019 14:54 WIB

At its September quarter monetary policy assessment held this Thursday, the Swiss National Bank (SNB) board members decided to leave the monetary policy settings unchanged. The SNB left the benchmark...

BOJ keeps policy steady, signals chance of easing in October...
Thursday, 19 September 2019 10:47 WIB

The Bank of Japan kept monetary policy steady on Thursday but said it would re-examine economic and price developments more thoroughly at its next policy meeting, signalling the chance of expanding st...

Fed Makes Second Straight Rate Cut, Splits on Further Action...
Thursday, 19 September 2019 01:20 WIB

Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and...

RBA Sees Risk of Property-Price Spike as House-Building Dwindles...
Tuesday, 17 September 2019 09:03 WIB

Australia's central bank said there's potential for an upswing in home prices as dwelling construction weakens, while reiterating it's prepared to lower interest rates further. In minutes of its Sept...

POPULAR NEWS
Gold Futures Score First Weekly Gain in a Month

Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announced further sanctions on Iran. "The confrontation with Iran [is] still very real," said Jeff Wright, executive vice president of GoldMining Inc. "So you have safe-haven interest perking up into the weekend." Trump also said Friday that he didn™t need a trade deal with China before the 2020...

Gold ticks higher, set to snap streak of weekly declines

Gold prices inched higher Friday but gains were capped by a rise in bonds yields and stocks. However, bullion's trade over the past five sessions puts it on pace to break out of a weekly skid of three consecutive weekly losses. Gold for December delivery on Comex was up 80 cents, or less than 0.1%, at $1,507 an ounce, after retreating 0.6% on Thursday. For the week, the yellow metal is on track for a 0.5% gain based on last Friday's closing price, which would halt three consecutive weekly...

Gold Prices Rise, Recover from Losses After Fed's Decisions

Gold prices rose on Friday in Asia, recovering from losses suffered in the previous session following the conclusion of the U.S. Federal Reserve's latest policy meeting. Gold Futures for December delivery traded 0.4% higher at 1,512.25 per ounce on the Comex division of the New York Mercantile Exchange by 12:42 AM ET (04:42 GMT). The Fed cut rates for the second time this year Wednesday, again by a quarter point. The federal funds rate is now 1.75% to 2%. The U.S. dollar, which usually...

U.S. Oil Prices Up 6% For The Week, Biggest Weekly Gain in 3 Months

Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the extent of damages from the attacks on oil facilities last weekend, "the market mood has shifted to questioning how quickly production can be restored," Manish Raj, chief financial officer at exploration and production firm Velandera Energy Partners, told MarketWatch. "We are familiar with the repair and maintenance processes in oilfield services, and...

Gold Stands Tall Above $1,500 After Fed as Palladium Hits Record

Gold headed for the first weekly advance in four as mounting economic headwinds and monetary easing stayed in focus after this week's mixed policy messages from the Federal Reserve. Palladium rallied to record. Gold has advanced 17% this year as global conditions worsened and central banks around the world eased policy. Many bullion-watchers are forecasting longer-term gains as headwinds including U.S.-China trade tensions weigh on the world economy and pile on pressure for...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.