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POPULAR NEWS
Gold Advances as German Talks Fail, U.S. Tax Weighed

Gold holds near one-month high as talks on forming German government collapse, pummeling euro and boosting haven demand. Investors also assessing uncertainty over U.S. tax reform ahead of release of Fed meeting this week. Bullion for immediate delivery as much as +0.2% to $1,294.88/oz, before trading at $1,292.60 at 9:26am in Singapore: Bloomberg generic pricing. Source : Bloomberg

Gold drops on stronger dollar

Gold dropped on Monday as the dollar rose but political and economic uncertainty in the United States continued to dominate sentiment. Spot gold was down 1.43 percent at $1,275.80 an ounce, off Friday's peak of $1,297, its strongest since Oct. 16. U.S. gold futures for December settled down at $1,275.30 an ounce. The dollar gained against the euro after German Chancellor Angela Merkel's efforts to form a three-way coalition government failed. Merkel said she would inform the German president...

Gold Gives Up Early Gains, Tracking Volatile Euro-Dollar Amid German Political Uncertainty

Gold eased Monday, giving up early gains seen amid German political uncertainty. Relative stability for the euro as Monday™s trading session progressed helped the shared currency against the dollar, dulling some of the early demand shown for the haven metal. Gold may consolidate short term after prices rallied Friday to a more than one-month high. The metal tacked on nearly 1.8% for last week, as the latest developments in the investigation into Russia™s interference in the U.S....

GBP/USD - Recovery Continues, Focus on German Politics and Brexit

GBP/USD has recovered more than 50% of its intraday losses but is struggling build momentum above 1.32 levels. The collapse of the German coalition talks and the resulting action in Asia (weak EUR, GBP) clearly indicates that investors fear "all major decisions, including Brexit negotiations" could be put on hold till the situation in Germany is sorted out. Thus, GBP could remain under pressure in Europe. The data calendar is light, but BoE Deputy Governor David Ramsden, who voted against...

Gold Holds Worst Loss in Two Months as Dollar Recovers

Gold holds biggest drop in almost two months as dollar strengthens and equities regain poise. Investors await minutes Wednesday from last Federal Reserve meeting and weigh Fed Chair Janet Yellen™s announcement that she™ll step down from board of governors after Jerome Powell™s sworn in. Bullion for immediate delivery +0.2% to $1,279.30/oz by 10:10am in Singapore, after -1.2% Monday, largest decline since Sept. 26: Bloomberg generic pricing. Source : Bloomberg

U.S. Stocks Open Modestly Lower, Major Indexes Coming off Records
Wednesday, 13 September 2017 20:43 WIB | MARKET UPDATE |DOW JONESS & P 500Indeks NasdaqSaham AS

U.S. stocks opened slightly lower on Wednesday, as investors found few catalysts to keep pushing shares higher with major indexes near record levels.

The Dow Jones Industrial Average fell 14 points, or 0.1%, to 22,099. The S&P 500 slipped 3 points to 2,493, a decline of 0.1%. The Nasdaq Composite Index was off 15 points, or 0.2%, to 6,439. Major indexes have been in an uptrend this week, with both the S&P and the Nasdaq coming off two-day rallies, while the Dow has risen for three straight sessions.

Those gains took equities to record levels, leading to some mild profit taking. Among specific names, Apple Inc. dipped 1% a day after it unveiled its new product lineup, including a flagship iPhone X that won't be delivered until November. Nordstrom Inc. surged 5.4% a day after a report the retailer was taking steps to go private.

Source : Market Watch

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POPULAR NEWS
Gold Advances as German Talks Fail, U.S. Tax Weighed

Gold holds near one-month high as talks on forming German government collapse, pummeling euro and boosting haven demand. Investors also assessing uncertainty over U.S. tax reform ahead of release of Fed meeting this week. Bullion for immediate delivery as much as +0.2% to $1,294.88/oz, before trading at $1,292.60 at 9:26am in Singapore: Bloomberg generic pricing. Source : Bloomberg

Gold drops on stronger dollar

Gold dropped on Monday as the dollar rose but political and economic uncertainty in the United States continued to dominate sentiment. Spot gold was down 1.43 percent at $1,275.80 an ounce, off Friday's peak of $1,297, its strongest since Oct. 16. U.S. gold futures for December settled down at $1,275.30 an ounce. The dollar gained against the euro after German Chancellor Angela Merkel's efforts to form a three-way coalition government failed. Merkel said she would inform the German president...

Gold Gives Up Early Gains, Tracking Volatile Euro-Dollar Amid German Political Uncertainty

Gold eased Monday, giving up early gains seen amid German political uncertainty. Relative stability for the euro as Monday™s trading session progressed helped the shared currency against the dollar, dulling some of the early demand shown for the haven metal. Gold may consolidate short term after prices rallied Friday to a more than one-month high. The metal tacked on nearly 1.8% for last week, as the latest developments in the investigation into Russia™s interference in the U.S....

GBP/USD - Recovery Continues, Focus on German Politics and Brexit

GBP/USD has recovered more than 50% of its intraday losses but is struggling build momentum above 1.32 levels. The collapse of the German coalition talks and the resulting action in Asia (weak EUR, GBP) clearly indicates that investors fear "all major decisions, including Brexit negotiations" could be put on hold till the situation in Germany is sorted out. Thus, GBP could remain under pressure in Europe. The data calendar is light, but BoE Deputy Governor David Ramsden, who voted against...

Gold Holds Worst Loss in Two Months as Dollar Recovers

Gold holds biggest drop in almost two months as dollar strengthens and equities regain poise. Investors await minutes Wednesday from last Federal Reserve meeting and weigh Fed Chair Janet Yellen™s announcement that she™ll step down from board of governors after Jerome Powell™s sworn in. Bullion for immediate delivery +0.2% to $1,279.30/oz by 10:10am in Singapore, after -1.2% Monday, largest decline since Sept. 26: Bloomberg generic pricing. Source : Bloomberg

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