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POPULAR NEWS
Oil Gains as Report Points to Slow Return of Lost Saudi Output

Oil rose sharply in early Monday trading in Asia following a report that full repairs to Saudi oil fields hit by a drone attack earlier this month may take many months. Brent crude rose 1.1% after surging 6.7% last week, its largest weekly gain since January. Saudi Aramco on Saturday reaffirmed its commitment to bringing 5.7 million barrels a day of lost output back by the end of the month, however, a Wall Street Journal report Sunday quoted a Saudi official saying...

Gold Stays Below 2-Week-Old Resistance-Line Despite Trade/Political Pessimism

Gold prices fail to portray the recent risk-aversion wave as they remain below near-term resistance-line while taking rounds to $1,513 on early Monday. Renewed geopolitical tension between Saudi Arabia and Yemen has been a major driving force for markets™ immediate risk sentiment off-late. Following a threat from Houthi rebels, Saudi Arabia has also flashed signals of war if an attack takes place whereas the US deployed additional forces in the Middle East as a measure being œdefensive in...

Hong Kong Stocks Up At Open

Hong Kong stocks started Monday with small gains on hopes for progress in trade talks between China and the US. The Hang Seng Index rose 0.11 percent, or 27.95 points, to 26,463.62. The benchmark Shanghai Composite Index eased 0.27 percent, or 8.05 points, to 2,998.40 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.31 percent, or 5.25 points, to 1,670.10. Source : AFP

Stock market starts week with modest opening gain as U.S.-China trade talks come in to focus
Monday, 11 February 2019 21:41 WIB | MARKET UPDATE |DOW JONES Standard & Poor's 500Indeks NasdaqSahamAS

U.S. stock benchmarks climbed Monday morning, as investors watched a new round of negotiations between the U.S. and China on resolve tariff disagreements.

The Dow Jones Industrial Average was up 80 points, or 0.3%, at 25,184, the S&P 500 index advanced 0.3% at 2,715, while the Nasdaq Composite Index rose 0.4% at 7,330. Tariff negotiations between Washington and Beijing begin in earnest later in the week, led by U.S. trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.

Meanwhile, investors were attuned to the possibility of another partial government shutdown beginning after Friday, amid signs that Democrats and Republicans remain at loggerheads over President Donald Trump's demand to obtain funds for a U.S.-Mexico border wall.

Source: marketwatch

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POPULAR NEWS
Oil Gains as Report Points to Slow Return of Lost Saudi Output

Oil rose sharply in early Monday trading in Asia following a report that full repairs to Saudi oil fields hit by a drone attack earlier this month may take many months. Brent crude rose 1.1% after surging 6.7% last week, its largest weekly gain since January. Saudi Aramco on Saturday reaffirmed its commitment to bringing 5.7 million barrels a day of lost output back by the end of the month, however, a Wall Street Journal report Sunday quoted a Saudi official saying...

Gold Stays Below 2-Week-Old Resistance-Line Despite Trade/Political Pessimism

Gold prices fail to portray the recent risk-aversion wave as they remain below near-term resistance-line while taking rounds to $1,513 on early Monday. Renewed geopolitical tension between Saudi Arabia and Yemen has been a major driving force for markets™ immediate risk sentiment off-late. Following a threat from Houthi rebels, Saudi Arabia has also flashed signals of war if an attack takes place whereas the US deployed additional forces in the Middle East as a measure being œdefensive in...

Hong Kong Stocks Up At Open

Hong Kong stocks started Monday with small gains on hopes for progress in trade talks between China and the US. The Hang Seng Index rose 0.11 percent, or 27.95 points, to 26,463.62. The benchmark Shanghai Composite Index eased 0.27 percent, or 8.05 points, to 2,998.40 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.31 percent, or 5.25 points, to 1,670.10. Source : AFP

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