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POPULAR NEWS
Oil Trades Near $68 as U.S. Rig Count Falls by Most Since March

Oil held steady near $68 a barrel as U.S. data showed the nation's drillers decreased activity. September futures in New York were little changed after falling 2.4 percent last week. The August contract expired Friday at $70.46 a barrel. U.S. working oil rigs fell by five to 858, the biggest drop since March 30, according to data from Baker Hughes. Meanwhile, hedge funds cut their net-long position in West Texas Intermediate by the most since May, according to U.S....

Nikkei hit as Trump comments, BOJ reports boost yen

Japan's Nikkei fell on Monday, after U.S. President Donald Trump's latest trade comments and speculation towards the Bank of Japan tweaking its massive easing scheme triggered a rally in the yen. The Nikkei was down 1.29 percent at 22,404.45 on midday trade The dollar traded below 111.00 yen, having tumbled from the six-month peak above 113.00 scaled late last week after President Trump said the strong greenback put his country at a disadvantage. Losses in Topix stocks were less pronounced...

Gold Climbs 2nd Day as Dollar Slumps on Trump's Tweets

Gold advances for second day as dollar weakens after U.S. President Donald Trump tweeted that China and the European Union have been manipulating their currencies. Bullion for immediate delivery +0.3% to $1,233.30/oz at 9:53am in Singapore, after +0.5% on Friday: Bloomberg generic pricing. Metal hit $1,211.63 last week, lowest since July 2017, as rising dollar, trade tensions spur declines. Bloomberg Dollar Spot Index -0.2% after -0.8% Friday. In other precious...

USD/JPY: bears burst below 111 the figure and score a low of 110.85

USD/JPY is on the move in Asia and Tokyo has pushed it higher to test the 111 psychological level with a low of 110.85 so far from a high of 111.51. USD/JPY has been dropping, following the move that started last week following Trump's comments on CNBC that have sparked an unwinding in the dollar. The DXY has dropped all the way back to 94.2810 from close to 95.31 earlier in the month. However, there is a decoupling of US yields and the dollar where 10yr treasury yields rose from 2.84% to...

Tokyo stocks open lower in early trade

Tokyo stocks opened lower on Monday as the yen firmed against the dollar after US President Donald Trump accused China and the European Union of keeping their currencies low. The benchmark Nikkei 225 index lost 0.89 percent, or 200.89 points, to 22,496.99 in early trade, while the broader Topix index was down 0.44 percent, or 7.71 points, at 1,737.27. Source : AFP

Hong Kong stocks rise as Tencent rebounds
Thursday, 7 December 2017 15:48 WIB | MARKET UPDATE |HONGKONGHANG SENG Bursa China

Hong Kong's benchmark index rose slightly on Thursday, aided by a rebound in index heavyweight Tencent Holdings, which jumped 3.3 percent.

At close of trade, the Hang Seng index was up 78.39 points or 0.28 percent at 28,303.19. The Hang Seng China Enterprises index fell 0.11 percent to 11,150.73. The sub-index of the Hang Seng tracking energy shares dipped 0.7 percent while the IT sector rose 2.63 percent, the financial sector was 0.12 percent higher and property sector dipped 0.45 percent.

The top gainer on Hang Seng was Hengan International Group Company Ltd up 3.41 percent, while the biggest loser was Geely Automobile Holdings Ltd which was down 2.79 percent.

China™s main Shanghai Composite index closed down 0.67 percent at 3,272.0068 points while the blue-chip CSI300 index ended down 1.11 percent at 3,971.1429.

Source: Reuters

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POPULAR NEWS
Oil Trades Near $68 as U.S. Rig Count Falls by Most Since March

Oil held steady near $68 a barrel as U.S. data showed the nation's drillers decreased activity. September futures in New York were little changed after falling 2.4 percent last week. The August contract expired Friday at $70.46 a barrel. U.S. working oil rigs fell by five to 858, the biggest drop since March 30, according to data from Baker Hughes. Meanwhile, hedge funds cut their net-long position in West Texas Intermediate by the most since May, according to U.S....

Nikkei hit as Trump comments, BOJ reports boost yen

Japan's Nikkei fell on Monday, after U.S. President Donald Trump's latest trade comments and speculation towards the Bank of Japan tweaking its massive easing scheme triggered a rally in the yen. The Nikkei was down 1.29 percent at 22,404.45 on midday trade The dollar traded below 111.00 yen, having tumbled from the six-month peak above 113.00 scaled late last week after President Trump said the strong greenback put his country at a disadvantage. Losses in Topix stocks were less pronounced...

Gold Climbs 2nd Day as Dollar Slumps on Trump's Tweets

Gold advances for second day as dollar weakens after U.S. President Donald Trump tweeted that China and the European Union have been manipulating their currencies. Bullion for immediate delivery +0.3% to $1,233.30/oz at 9:53am in Singapore, after +0.5% on Friday: Bloomberg generic pricing. Metal hit $1,211.63 last week, lowest since July 2017, as rising dollar, trade tensions spur declines. Bloomberg Dollar Spot Index -0.2% after -0.8% Friday. In other precious...

USD/JPY: bears burst below 111 the figure and score a low of 110.85

USD/JPY is on the move in Asia and Tokyo has pushed it higher to test the 111 psychological level with a low of 110.85 so far from a high of 111.51. USD/JPY has been dropping, following the move that started last week following Trump's comments on CNBC that have sparked an unwinding in the dollar. The DXY has dropped all the way back to 94.2810 from close to 95.31 earlier in the month. However, there is a decoupling of US yields and the dollar where 10yr treasury yields rose from 2.84% to...

Tokyo stocks open lower in early trade

Tokyo stocks opened lower on Monday as the yen firmed against the dollar after US President Donald Trump accused China and the European Union of keeping their currencies low. The benchmark Nikkei 225 index lost 0.89 percent, or 200.89 points, to 22,496.99 in early trade, while the broader Topix index was down 0.44 percent, or 7.71 points, at 1,737.27. Source : AFP

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