DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

U.S. oil futures post biggest weekly rise since June

Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018...

Hong Kong stocks finish week on positive note (Review)

Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37. The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 points, to 2,912.01 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.82 percent, or 13.36 points, to 1,640.33. Source : AFP

Dow Closes Nearly 340-Points Higher After Jobs Report Sparks Stock-Market Rally

U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement. The Dow Jones Industrial Average gained 337 points, or 1.2%, to reach 28,015, the S&P 500 index advanced 0.9% to 3,146, while the Nasdaq Composite Index climbed 1% to 8,656. The moves on Friday were in contrast to trading that started the...

Dow jumps 300 points on much better than expected U.S. jobs report for November

U.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low. However, progress toward a partial U.S. - China trade deal remains a point of focus for market participants also as a deadline that will see import duties increased on Dec. 15 looms. Late morning the Dow Jones Industrial Average was up 312 points, or 1.1%, at...

RBA Sees Moderate Recovery Persisting, But No Wage-Growth Gains
Friday, 8 November 2019 07:58 WIB | FISCAL & MONETARY |Ekonomi AustraliaRBA

Australia™s central bank maintained its glass half full view, reinforcing that the economy has emerged from its soft patch, while forecasting no acceleration in wage growth and core inflation barely reaching the bottom of its target.

In its quarterly update of the economic outlook released in Sydney Friday, the Reserve Bank predicted the economy would grow 2.25% this year, lifting to 2.75% in December 2020 and 3% in 2021. It said the expansion will be underpinned by consumption fueled by interest-rate and tax cuts and rising house prices.

œThese forecasts imply some progress towards the medium- term inflation and full-employment goals, but this progress is expected to be gradual, the RBA™s Statement on Monetary Policy said. It noted world markets œappear to have passed a trough of pessimism and this allows œtime to assess the effects of the recent easing of monetary policy and the global picture.

The RBA reiterated that it™s prepared to ease further if needed, following three rate cuts since June to try to reinvigorate growth and hiring. Unemployment is predicted to hold around the current 5.2% through to the end of next year, before dropping to 5%, and the RBA acknowledged this is still œsomewhat short of full employment.

In a section reflecting on October™s decision to reduce the cash rate to 0.75%, the RBA said the board was mindful rates were already very low and œeach further cut brings closer the point at which other policy options might come into play. That appeared to be a reference to unorthodox measures.

Source : Bloomberg

RELATED NEWS
Australia Holds Rate as RBA Waits for Past Cuts to Flow Through...
Tuesday, 3 December 2019 10:56 WIB

Australia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market. Reserve Bank Governor ...

ECB's Lagarde: Euro area growth remains weak due to global factors...
Monday, 2 December 2019 21:20 WIB

The European Central Bank (ECB) President Christine Lagarde, testifying before the European Parliament this Monday, said that the region's economic growth remains weak and this weakness has been mainl...

BOJ's Kuroda: Mix of fiscal and monetary policy is standard way of dealing with economy...
Thursday, 28 November 2019 13:01 WIB

Spending for disaster relief, concern over impact of global slowdown in Japan's economy should be better addressed by govt with fiscal, structural policies. Fiscal space for japanese government is so...

ECB's Lagarde: We Face a Global Environment That is Marked by Uncertainty...
Friday, 22 November 2019 15:58 WIB

While delivering a key note address at the European Banking Congress, in Frankfurt, on Friday, the new European Central Bank (ECB) President Lagarde said: œWe face a global environment that is marke...

Fed Minutes Show Worries About Economy Had Eased a Bit...
Thursday, 21 November 2019 02:24 WIB

Federal Reserve officials were more upbeat about the economy in late October than they had been only six weeks earlier, according to minutes of their policy discussion released Wednesday. Officials â...

POPULAR NEWS
Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

U.S. oil futures post biggest weekly rise since June

Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018...

Hong Kong stocks finish week on positive note (Review)

Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37. The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 points, to 2,912.01 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.82 percent, or 13.36 points, to 1,640.33. Source : AFP

Dow Closes Nearly 340-Points Higher After Jobs Report Sparks Stock-Market Rally

U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement. The Dow Jones Industrial Average gained 337 points, or 1.2%, to reach 28,015, the S&P 500 index advanced 0.9% to 3,146, while the Nasdaq Composite Index climbed 1% to 8,656. The moves on Friday were in contrast to trading that started the...

Dow jumps 300 points on much better than expected U.S. jobs report for November

U.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low. However, progress toward a partial U.S. - China trade deal remains a point of focus for market participants also as a deadline that will see import duties increased on Dec. 15 looms. Late morning the Dow Jones Industrial Average was up 312 points, or 1.1%, at...

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.