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POPULAR NEWS
Gold Expected To Gain Some Luster After Fed

Wall Street and Main Street both look for gold prices to rise this week, based on the weekly Kitco News gold survey. The U.S. Federal Open Market Committee meeting is widely expected to hike interest rates another 25 basis points this week. But that hasn't deterred analysts, who suggest this is already factored into prices. Eighteen market professionals took part in the Wall Street survey. Thirteen respondents, or 72%, predicted higher prices. There were two votes, or 11%, calling for lower...

Gold Drops Second Day as Trade War, Rate Hike in Focus

Gold declines for second day with trade war in focus as U.S. and China hours away from new round of tariffs on each other's goods, and as investors count down to Federal Reserve's policy-setting meeting this week. Bullion for immediate delivery lost 0.3% to $1,196.81/oz by 9:15am in Singapore; fell 0.6% Friday. Bloomberg Dollar Spot Index added 0.1% after rose 0.2% Friday. $200 billion of Chinese products will be subject to tariffs from 12 p.m. Beijing time, on top of the...

Oil Rises Near 2-Month High as OPEC Stops Short of Pledging More

Oil climbed near the highest level in more than two months as OPEC gave a tepid response to U.S. President Donald Trump's demand that it take rapid action to reduce prices, saying it would boost output only if customers requested it. Futures in New York rose as much as 1.2 percent after a 0.7 percent gain Friday. the Organization of Petroleum Exporting Countries and its allied producers stopped short of promising specific extra volumes of crude after the group™s meeting...

Aussie Falls, Asia Stocks Face Drop on Trade Woes

The Australian dollar sank and Asian stocks looked set for declines after China on Saturday called off planned trade talks with U.S. officials. The yen pared its initial advance Monday morning, with early moves lower fading for the Australian and New Zealand dollars following the latest development in the trade war. The U.S. and China are hours away from a new round of tariffs on each other™s goods. The yen rose less than 0.1 percent to 112.54 per dollar as of 7:53 a.m....

Yen Inches Up as China Cancels Trade Talks, Dollar Also Gains

The Japanese yen edged up on Monday as China cancelled its planned trade talks with the U.S. The dollar also gained following the news. Meanwhile, the U.S. tariffs on $200 billion worth of Chinese goods and retaliatory tariffs by Beijing on $60 billion worth of U.S. products are set to kick in today. The USD/JPY pair was down 0.01% to 112.56 by 11:50PM ET (03:50 GMT). The U.S. dollar index, which tracks the greenback against a basket of currencies, was up 0.06% to 93.84. The Australian...

Nikkei rebounds on bargain-hunting, but mining sector weak
Thursday, 7 December 2017 11:09 WIB | MARKET UPDATE |Nikkei 225Saham JepangIndeks acuan Nikkei 225Topix JepangJapan Topix

Japan's Nikkei share average rose on Thursday, taking back some ground lost in the previous session as investors sought bargains after the benchmark index skidded its most in 8-1/2 months.

The Nikkei ended morning trade up 1.27 percent, or 280.70 points, at 22,457.74, following its biggest fall since March the previous day, after it broke key technical support at its 25-day moving average.

Index heavyweight Fast Retailing was up 2.1 percent.

Pharmaceutical shares added 1 percent, while securities shares were up 0.8 percent.

Oil shares edged up 0.3 percent after crude oil futures steadied following an overnight sell-off.

But mining shares slumped 1.9 percent, continuing their weakness as the price of copper wallowed at low levels after dropping more than 4 percent on Tuesday, its biggest daily fall in almost 2-1/2 years.

Shares of Advantest Corp rose 1.1 percent, after Nikkei reported that the chip company™s fiscal year operating profit is seen reaching 20 billion yen ($177.87 million).

The broader Topix rose 1.1 percent, or 19.84 points, to 1,785.26, while the JPX-Nikkei Index 400 rose 1.1 percent, or 173.93 points, to 15,816.14.

Source: Reuters

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POPULAR NEWS
Gold Expected To Gain Some Luster After Fed

Wall Street and Main Street both look for gold prices to rise this week, based on the weekly Kitco News gold survey. The U.S. Federal Open Market Committee meeting is widely expected to hike interest rates another 25 basis points this week. But that hasn't deterred analysts, who suggest this is already factored into prices. Eighteen market professionals took part in the Wall Street survey. Thirteen respondents, or 72%, predicted higher prices. There were two votes, or 11%, calling for lower...

Gold Drops Second Day as Trade War, Rate Hike in Focus

Gold declines for second day with trade war in focus as U.S. and China hours away from new round of tariffs on each other's goods, and as investors count down to Federal Reserve's policy-setting meeting this week. Bullion for immediate delivery lost 0.3% to $1,196.81/oz by 9:15am in Singapore; fell 0.6% Friday. Bloomberg Dollar Spot Index added 0.1% after rose 0.2% Friday. $200 billion of Chinese products will be subject to tariffs from 12 p.m. Beijing time, on top of the...

Oil Rises Near 2-Month High as OPEC Stops Short of Pledging More

Oil climbed near the highest level in more than two months as OPEC gave a tepid response to U.S. President Donald Trump's demand that it take rapid action to reduce prices, saying it would boost output only if customers requested it. Futures in New York rose as much as 1.2 percent after a 0.7 percent gain Friday. the Organization of Petroleum Exporting Countries and its allied producers stopped short of promising specific extra volumes of crude after the group™s meeting...

Aussie Falls, Asia Stocks Face Drop on Trade Woes

The Australian dollar sank and Asian stocks looked set for declines after China on Saturday called off planned trade talks with U.S. officials. The yen pared its initial advance Monday morning, with early moves lower fading for the Australian and New Zealand dollars following the latest development in the trade war. The U.S. and China are hours away from a new round of tariffs on each other™s goods. The yen rose less than 0.1 percent to 112.54 per dollar as of 7:53 a.m....

Yen Inches Up as China Cancels Trade Talks, Dollar Also Gains

The Japanese yen edged up on Monday as China cancelled its planned trade talks with the U.S. The dollar also gained following the news. Meanwhile, the U.S. tariffs on $200 billion worth of Chinese goods and retaliatory tariffs by Beijing on $60 billion worth of U.S. products are set to kick in today. The USD/JPY pair was down 0.01% to 112.56 by 11:50PM ET (03:50 GMT). The U.S. dollar index, which tracks the greenback against a basket of currencies, was up 0.06% to 93.84. The Australian...

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