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POPULAR NEWS
Gold Settles Higher as November Inflation Data Meet Expectations And The Dollar Takes a Dip

Gold futures settled higher on Wednesday, scoring their first gain in three sessions after data showed U.S. inflation remained flat in November and the dollar took a dip after strengthening over the last two sessions. Gold for February delivery on Comex rose $2.80, or 0.2%, to settle at $1,250 an ounce, while March silver added 22.3 cents, or 1.5%, to $14.851 an ounce. The consumer-price index was unchanged in November, matching the forecast of economists polled by MarketWatch. Core CPI,...

Gold Declines as Palladium Retreats From a Record Settlement

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased back from the record settlement it scored in the previous session. Gold for February delivery lost $2.60, or 0.2%, to settle at $1,247.40 an ounce, giving back nearly all of the $2.80 gain it saw a day earlier. Week to date, it has lost 0.4%. March silver settled at $14.855 an ounce, up just under half a cent for the session. March palladium...

Gold Prices Steady on Fed Policy Outlook Uncertainty

Gold prices steadied on Friday, after slipping to a week-low in the previous session, supported by the uncertainty around the Federal Reserve's next year's policy outlook, while the dollar strengthened on expectations of a rate hike next week. Spot gold was steady at $1,242.11 per ounce, as of 0133 GMT. Prices fell to their lowest level since Dec. 7 at $1,239.83 on Thursday. U.S. gold futures were down 0.1 percent at $1,246.4 per ounce. The dollar firmed against major counterparts as...

Gold Steady as Investors Weigh U.S. Inflation, Trade

Gold was steady as investors weighed a pickup in underlying U.S. inflation and the latest developments in U.S.-China trade talks. The so-called core consumer price index, which excludes volatile food and energy costs, rose as expected in November, reinforcing expectations that the Federal Reserve will raise interest rates next week. While trade tensions have appeared to ease, Trump administration officials on Wednesday signaled that Beijing will have to do more to end the tariff...

Pound, Euro Climb with Brexit, ECB Meeting in Focus

The British pound and euro both edged higher on Thursday, as investors kept their focus on Brexit developments and the European Central Bank's final policy meeting of the year. The pound was on the front foot, with GBP/USD gaining 0.3% to 1.2671 by 3:45AM ET (08:45 GMT). It had bounced off a 20-month low of 1.2478 in the last session to end up 1.1% after Prime Minister Theresa May survived a no-confidence vote. The euro was up 0.1% at 1.1385 ahead of the announcement. Elsewhere, the U.S....

Hong Kong stocks open with gains
Friday, 7 December 2018 08:50 WIB | MARKET UPDATE |HANG SENGSaham Hong KongShanghai compositeIndeks Hang Seng

Hong Kong stocks edged up in the opening minutes Friday following a drop of about three percent over the previous two days, while investors are now looking ahead to the release of US jobs data later in the day.

The Hang Seng Index rose 0.36 percent, or 93.43 points, to 26,249.81.

The benchmark Shanghai Composite Index rose 0.16 percent, or 4.16 points, to 2,609.34, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.08 percent, or 1.11 points, to 1,351.86.

Source: AFP

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POPULAR NEWS
Gold Settles Higher as November Inflation Data Meet Expectations And The Dollar Takes a Dip

Gold futures settled higher on Wednesday, scoring their first gain in three sessions after data showed U.S. inflation remained flat in November and the dollar took a dip after strengthening over the last two sessions. Gold for February delivery on Comex rose $2.80, or 0.2%, to settle at $1,250 an ounce, while March silver added 22.3 cents, or 1.5%, to $14.851 an ounce. The consumer-price index was unchanged in November, matching the forecast of economists polled by MarketWatch. Core CPI,...

Gold Declines as Palladium Retreats From a Record Settlement

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased back from the record settlement it scored in the previous session. Gold for February delivery lost $2.60, or 0.2%, to settle at $1,247.40 an ounce, giving back nearly all of the $2.80 gain it saw a day earlier. Week to date, it has lost 0.4%. March silver settled at $14.855 an ounce, up just under half a cent for the session. March palladium...

Gold Prices Steady on Fed Policy Outlook Uncertainty

Gold prices steadied on Friday, after slipping to a week-low in the previous session, supported by the uncertainty around the Federal Reserve's next year's policy outlook, while the dollar strengthened on expectations of a rate hike next week. Spot gold was steady at $1,242.11 per ounce, as of 0133 GMT. Prices fell to their lowest level since Dec. 7 at $1,239.83 on Thursday. U.S. gold futures were down 0.1 percent at $1,246.4 per ounce. The dollar firmed against major counterparts as...

Gold Steady as Investors Weigh U.S. Inflation, Trade

Gold was steady as investors weighed a pickup in underlying U.S. inflation and the latest developments in U.S.-China trade talks. The so-called core consumer price index, which excludes volatile food and energy costs, rose as expected in November, reinforcing expectations that the Federal Reserve will raise interest rates next week. While trade tensions have appeared to ease, Trump administration officials on Wednesday signaled that Beijing will have to do more to end the tariff...

Pound, Euro Climb with Brexit, ECB Meeting in Focus

The British pound and euro both edged higher on Thursday, as investors kept their focus on Brexit developments and the European Central Bank's final policy meeting of the year. The pound was on the front foot, with GBP/USD gaining 0.3% to 1.2671 by 3:45AM ET (08:45 GMT). It had bounced off a 20-month low of 1.2478 in the last session to end up 1.1% after Prime Minister Theresa May survived a no-confidence vote. The euro was up 0.1% at 1.1385 ahead of the announcement. Elsewhere, the U.S....

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