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POPULAR NEWS
Gold Futures End With a Loss on Stronger Dollar

Gold futures ended with a loss on Monday, with strength in the dollar putting pressure on the dollar-denominated precious metal. The greenback found support as the British pound touched a 20-month low after a highly anticipated vote on U.K.'s exit from the European Union was postponed. February gold fell $3.20, or 0.3%, to settle at $1,249.40 an ounce. Prices had finished Friday at their highest since July. Source : Marketwatch

Wall St., Main St. Expect Gold To Keep Shining

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold survey. Observers suggested Friday's softer-than-forecast report on U.S. nonfarm payrolls will continue to offer support to the precious metal. The Labor Department reported that 155,000 new nonfarm jobs were created last month, when expectations had been for around 190,000 to 200,000. Still, the jobless rate remained at a 49-year low of 3.7%. Fourteen market...

Hong Kong Stocks Drop in Opening Minutes

Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff, while traders were also spooked by worse-than-forecast Chinese trade data. The Hang Seng Index fell 1.03 percent, or 268.81 points, to 25,794.95. And the benchmark Shanghai Composite Index declined 0.64 percent, or 16.69 points, to 2,589.19, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.83 percent,...

Tokyo: Benchmark Nikkei Open Lower

Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index was down 1.66 per cent or 359.20 points at 21,319.48 in early trade, while the broader Topix index was down 1.45 per cent or 23.47 points at 1,596.98. Source : AFP

Gold at Five-Month High on Haven Bid as Stocks Decline

Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing. Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy. Traders are also assessing if the Federal Reserve will pursue a...

China stocks end flat as drugmakers slump; up for the week
Friday, 7 December 2018 14:37 WIB | MARKET UPDATE |The Shanghai Composite IndexSaham Cina Shanghai composite

China's main equity market indexes ended flat on Friday in thin trade as investors remained cautious after the arrest of a senior Huawei executive sparked a global sell-off on fears it could derail hopes for a lasting U.S.-China trade detente.

At the close, the Shanghai Composite index was flat at 2,605.88 points. But despite the sharp fall on Thursday, it gained 0.7 percent for the week.

The blue-chip CSI300 index also ended flat at 3,181.56 points, with its financial sector sub-index higher by 0.07 percent, the consumer staples sector down 0.25 percent, the real estate index up 0.66 percent and the healthcare sub-index down 4.31 percent. The CSI300 index gained 0.3 percent for the week.

The smaller Shenzhen index ended unchanged for the day and the start-up board ChiNext Composite index was weaker by 0.352 percent.

So far this year, the Shanghai stock index is down 21.2 percent, the CSI300 has fallen 21.1 percent while China's H-share index listed in Hong Kong is down 10.9 percent. Shanghai stocks have risen 0.68 percent this month.

Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd, who is under arrest in Canada is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States.

President Donald Trump did not know about plans to arrest Meng, two U.S. officials said on Thursday, in an apparent attempt to stop the incident from impeding crucial trade talks with Beijing.

Source: Reuters

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POPULAR NEWS
Gold Futures End With a Loss on Stronger Dollar

Gold futures ended with a loss on Monday, with strength in the dollar putting pressure on the dollar-denominated precious metal. The greenback found support as the British pound touched a 20-month low after a highly anticipated vote on U.K.'s exit from the European Union was postponed. February gold fell $3.20, or 0.3%, to settle at $1,249.40 an ounce. Prices had finished Friday at their highest since July. Source : Marketwatch

Wall St., Main St. Expect Gold To Keep Shining

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold survey. Observers suggested Friday's softer-than-forecast report on U.S. nonfarm payrolls will continue to offer support to the precious metal. The Labor Department reported that 155,000 new nonfarm jobs were created last month, when expectations had been for around 190,000 to 200,000. Still, the jobless rate remained at a 49-year low of 3.7%. Fourteen market...

Hong Kong Stocks Drop in Opening Minutes

Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff, while traders were also spooked by worse-than-forecast Chinese trade data. The Hang Seng Index fell 1.03 percent, or 268.81 points, to 25,794.95. And the benchmark Shanghai Composite Index declined 0.64 percent, or 16.69 points, to 2,589.19, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.83 percent,...

Tokyo: Benchmark Nikkei Open Lower

Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index was down 1.66 per cent or 359.20 points at 21,319.48 in early trade, while the broader Topix index was down 1.45 per cent or 23.47 points at 1,596.98. Source : AFP

Gold at Five-Month High on Haven Bid as Stocks Decline

Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing. Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy. Traders are also assessing if the Federal Reserve will pursue a...

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