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POPULAR NEWS
Pompeo: 'Important Information' for Trump After Mideast Talks on Saudi Oil Field Attacks

U.S. Secretary of State Mike Pompeo said Thursday he has "important information" for President Donald Trump about how to respond to the recent attack on Saudi Arabia's oil facilities after meeting with leaders in Saudi Arabia and the United Arab Emirates. The top U.S. diplomat said there was "enormous consensus" that Iran was responsible for the middle-of-the-night missile and drone attacks last weekend that at least temporarily knocked out half of the Saudis' oil production, nearly 6% of the...

Hong Kong stocks open higher

Hong Kong stocks opened with small gains Friday morning as bargain-buyers moved in following a four-day drop, with dealers keeping an ear to the ground for fresh developments in the China-US trade row. The Hang Seng Index rose 0.24 percent, or 63.93 points, to 26,532.88. The benchmark Shanghai Composite Index edged up 0.18 percent, or 5.53 points, to 3,004.81 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, also added 0.18 percent, or 3.00 points, to...

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...

Oil's Rising Again as Iran's Warning of War Ratchets Up Tensions

The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude markets in which 5% of the world's supplies were cut by attacks on Saudi production facilities. Brent crude for November settlement rose 42 cents, or 0.7%, to $64.82 a barrel on the ICE Futures Europe Exchange as of 8:52 a.m. in Singapore on Friday. The global benchmark crude is up 7.7% this week, the most since January. It's a bullish end to an...

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...

No-Deal Brexit Riskiest For Financial Stability: BoE's Carney
Monday, 25 February 2019 18:17 WIB | FISCAL |BOEMark Carney,

Bank of England Governor Mark Carney said on Monday that the possibility of Britain leaving the European Union next month without a transition deal ranked as the riskiest Brexit scenario for the stability of the financial services industry.

œThe biggest issue from a financial stability perspective, from a market integrity perspective, from a continuity perspective, is a no-deal scenario by the end of March, Carney said at a news conference.

Brexit is scheduled to take place on March 29 and lawmakers in London have yet to approve a deal that would smooth Britain's departure from the EU, leaving open the prospect of a disorderly departure or a delay.

Source : Reuters

RELATED NEWS
ECB's Draghi Warns That Uncertainty is Weighing on Sentiment...
Monday, 28 January 2019 22:10 WIB

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Bank President Mario Draghi said on Monday, repeatin...

POPULAR NEWS
Pompeo: 'Important Information' for Trump After Mideast Talks on Saudi Oil Field Attacks

U.S. Secretary of State Mike Pompeo said Thursday he has "important information" for President Donald Trump about how to respond to the recent attack on Saudi Arabia's oil facilities after meeting with leaders in Saudi Arabia and the United Arab Emirates. The top U.S. diplomat said there was "enormous consensus" that Iran was responsible for the middle-of-the-night missile and drone attacks last weekend that at least temporarily knocked out half of the Saudis' oil production, nearly 6% of the...

Hong Kong stocks open higher

Hong Kong stocks opened with small gains Friday morning as bargain-buyers moved in following a four-day drop, with dealers keeping an ear to the ground for fresh developments in the China-US trade row. The Hang Seng Index rose 0.24 percent, or 63.93 points, to 26,532.88. The benchmark Shanghai Composite Index edged up 0.18 percent, or 5.53 points, to 3,004.81 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, also added 0.18 percent, or 3.00 points, to...

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...

Oil's Rising Again as Iran's Warning of War Ratchets Up Tensions

The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude markets in which 5% of the world's supplies were cut by attacks on Saudi production facilities. Brent crude for November settlement rose 42 cents, or 0.7%, to $64.82 a barrel on the ICE Futures Europe Exchange as of 8:52 a.m. in Singapore on Friday. The global benchmark crude is up 7.7% this week, the most since January. It's a bullish end to an...

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...

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