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POPULAR NEWS
Gold Prices Flat; Traders Looking for Next Catalyst

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz. Source : Bloomberg

Asian Share Markets Cautious, Pound Stumbles on Brexit Drama

Asian stocks were steady in a cautious start to the week on Monday, while the British pound fell following a delay to a crucial vote on Britain's divorce from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan were flat, with Australian shares off down 0.3%. Japan's Nikkei rose 0.13%. The Brexit maelstrom, worries over slowing global growth and international trade frictions have kept investors on edge over recent months. Oil futures fell as lingering economic...

Oil Prices Dip on Weak Demand Outlook, Supply Concerns

Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month. Global benchmark Brent crude oil futures fell by 10 cents, or 0.2%, to $59.32 a barrel by 01:08 GMT. U.S. crude oil futures were down by 9 cents, or 0.2%, to $53.69. The Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil producers, an alliance known as OPEC+, agreed in December to...

Palladium Eyes $1,800 as Rally Resumes; Gold Drifts

Palladium resumed its upward march after a brief retreat late last week, boosted by concerns over South African mine supply in an already tight market. The metal, used to curb emissions from vehicle engines, reached a record $1,784.94 an ounce on Oct. 17. Gold is little changed as investors weigh the latest trade and Brexit developments ahead of the Federal Reserve™s monetary policy decision at the end of this month. Money managers have decreased their bullish gold bets to a...

Hong Kong: Stocks Rise in Opening Trade

Hong Kong stocks started Monday with small gains after China's top negotiator hailed "substantial progress" in pushing through a partial trade deal with the United States. The Hang Seng Index added 0.08 per cent, or 21.84 points, to 26,741.42. The benchmark Shanghai Composite Index edged down 0.14 per cent, or 4.24 points, to 2,933.90 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, was marginally higher, gaining 0.63 points to 1,616.09. Source : AFP

British PM Johnson facing a new rebellion from his cabinet - The Times
Wednesday, 9 October 2019 10:38 WIB | GLOBAL |GlobalU.K

Britain's Prime Minister Boris Johnson is facing a new rebellion from his cabinet over concerns of a no-deal Brexit, The Times newspaper reported on Wednesday.

A group of five cabinet ministers - Culture Secretary Nicky Morgan, British Minister for Northern Ireland Julian Smith, Justice Secretary Robert Buckland, Health Minister Matt Hancock, and Attorney General Geoffrey Cox “ are on a 'resignation watch list'.

Further, 'very large number' of Conservative members of parliament will quit if it comes to a no-deal Brexit, an unnamed cabinet minister cited by the newspaper said.

Source: fxstreet

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POPULAR NEWS
Gold Prices Flat; Traders Looking for Next Catalyst

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz. Source : Bloomberg

Asian Share Markets Cautious, Pound Stumbles on Brexit Drama

Asian stocks were steady in a cautious start to the week on Monday, while the British pound fell following a delay to a crucial vote on Britain's divorce from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan were flat, with Australian shares off down 0.3%. Japan's Nikkei rose 0.13%. The Brexit maelstrom, worries over slowing global growth and international trade frictions have kept investors on edge over recent months. Oil futures fell as lingering economic...

Oil Prices Dip on Weak Demand Outlook, Supply Concerns

Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month. Global benchmark Brent crude oil futures fell by 10 cents, or 0.2%, to $59.32 a barrel by 01:08 GMT. U.S. crude oil futures were down by 9 cents, or 0.2%, to $53.69. The Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil producers, an alliance known as OPEC+, agreed in December to...

Palladium Eyes $1,800 as Rally Resumes; Gold Drifts

Palladium resumed its upward march after a brief retreat late last week, boosted by concerns over South African mine supply in an already tight market. The metal, used to curb emissions from vehicle engines, reached a record $1,784.94 an ounce on Oct. 17. Gold is little changed as investors weigh the latest trade and Brexit developments ahead of the Federal Reserve™s monetary policy decision at the end of this month. Money managers have decreased their bullish gold bets to a...

Hong Kong: Stocks Rise in Opening Trade

Hong Kong stocks started Monday with small gains after China's top negotiator hailed "substantial progress" in pushing through a partial trade deal with the United States. The Hang Seng Index added 0.08 per cent, or 21.84 points, to 26,741.42. The benchmark Shanghai Composite Index edged down 0.14 per cent, or 4.24 points, to 2,933.90 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, was marginally higher, gaining 0.63 points to 1,616.09. Source : AFP

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