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POPULAR NEWS
Gold back at 4-month high, gaining for 5th day

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows. Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve™s Beige Book. February gold rose $2.10, or nearly 0.2%, to settle at $1,339.20 an ounce”the highest since Sept. 8. Gold last week tallied a fifth week of...

Gold Pulls Back From 4-Month Highs as Dollar Steadies

Gold futures pulled back on Wednesday from their highest finish in four months, as a bruised U.S. dollar index stabilized. February gold fell $1.40, or 0.1%, at $1,335.60 an ounce. Tuesday™s settlement at $1,337.10 was the highest since early in September. Gold last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed roughly 2%. The exchange-traded SPDR Gold Shares and the VanEck Vectors Gold Miners ETF both slipped in...

Gold Declines as Stocks Rally; Govt Shutdown Risk Ebbs

Gold drops for third day as U.S. equities continue to shine amid optimism for global growth, while the threat of U.S. government shutdown abates, removing some risk from markets. Bullion for immediate delivery -0.1% to $1,324.97/oz by 9:48am in Singapore, according to Bloomberg generic pricing. Metal -1% in last two days after touching four-month high on Monday. In other precious metals, Silver -0.1% to $16.9815/oz. Source : Bloomberg

Oil prices pare losses as EIA reports a 6.9 million-barrel drop in U.S. crude supplies

Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels,...

Nikkei Drops; Mining, Oil and Shipping Stocks Lose Ground, Bitcoin Shares Tumble

Japan™s Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency™s value slid on worries about tighter regulations. The Nikkei dropped 0.5 percent to 23,823.95 in midmorning trade. The broader Topix dropped 0.2 percent to 1,890.88. The mining, oil and shipping sectors underperformed, losing their recent strength by falling 2.2 percent, 1.9 percent and 1.4 percent, respectively. Inpex...

U.S. stocks close lower as tax reform uncertainties weigh; GE extends losses
Wednesday, 15 November 2017 04:25 WIB | MARKET UPDATE |DOW JONES Standard & Poor's 500Saham ASsaham A.S

U.S. stocks retreated Tuesday, with all three main indexes closing lower, as uncertainties over whether the Trump administration will be able to deliver sweeping tax reforms weighed on investors' confidence.

Analysts had largely credited anticipation over imminent corporate tax cuts for fueling much of the market's record-setting rally this year. Shares of General Electric also extended losses, slumping 5.9%, in the wake of disappointment over the company's restructuring plan that included slashing dividends.

The S&P 500 fell 5 points, or 0.2%, to close at 2,578 while the Dow Jones Industrial Average shed 30 points, or 0.1%, to end at 23,409. The Nasdaq Composite Index slid 19 points, or 0.3%, to close at 6,737.

Source: Marketwatch

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POPULAR NEWS
Gold back at 4-month high, gaining for 5th day

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows. Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve™s Beige Book. February gold rose $2.10, or nearly 0.2%, to settle at $1,339.20 an ounce”the highest since Sept. 8. Gold last week tallied a fifth week of...

Gold Pulls Back From 4-Month Highs as Dollar Steadies

Gold futures pulled back on Wednesday from their highest finish in four months, as a bruised U.S. dollar index stabilized. February gold fell $1.40, or 0.1%, at $1,335.60 an ounce. Tuesday™s settlement at $1,337.10 was the highest since early in September. Gold last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed roughly 2%. The exchange-traded SPDR Gold Shares and the VanEck Vectors Gold Miners ETF both slipped in...

Gold Declines as Stocks Rally; Govt Shutdown Risk Ebbs

Gold drops for third day as U.S. equities continue to shine amid optimism for global growth, while the threat of U.S. government shutdown abates, removing some risk from markets. Bullion for immediate delivery -0.1% to $1,324.97/oz by 9:48am in Singapore, according to Bloomberg generic pricing. Metal -1% in last two days after touching four-month high on Monday. In other precious metals, Silver -0.1% to $16.9815/oz. Source : Bloomberg

Oil prices pare losses as EIA reports a 6.9 million-barrel drop in U.S. crude supplies

Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels,...

Nikkei Drops; Mining, Oil and Shipping Stocks Lose Ground, Bitcoin Shares Tumble

Japan™s Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency™s value slid on worries about tighter regulations. The Nikkei dropped 0.5 percent to 23,823.95 in midmorning trade. The broader Topix dropped 0.2 percent to 1,890.88. The mining, oil and shipping sectors underperformed, losing their recent strength by falling 2.2 percent, 1.9 percent and 1.4 percent, respectively. Inpex...

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