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POPULAR NEWS
Gold eases after breaching $1,450/oz on rate-cut hopes, Iran tensions

Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East. Spot gold hit $1,452.60 an ounce in early trade, its highest since May 2013, and was down 0.5% at $1,439.41, as of 07:41 GMT. The metal is on track for a second straight weekly gain. U.S. gold futures jumped about 1% to $1,440.50. At a central...

Gold loses stream after tapping fresh 6-year highs

Gold futures lost steam on Friday, ending lower for the session as the dollar strengthened. Prices, however, gained for the week after logging their first intraday climb above $1,450 an ounce in six years. August gold trading fell by $1.40, or 0.1%, to settle at $1,426.70 an ounce, after touching an intraday high of $1,454.40. Friday™s intraday high and Thursday™s settlement were the loftiest for a most-active contract since mid-May 2013, according to Dow Jones Market Data. Gold tallied...

Gold extends rise, as yellow metal's monster rally persists

Gold futures rose on Friday, adding to a push toward fresh six-year highs, amid a backdrop of lower interest rates and monetary-policy easing that bulls deem ideal for the metal to rally. August gold trading was gaining $10.70, or 0.8%, to $1,438.80 an ounce, after hitting $1,448 an ounce in electronic trade Thursday at 4 p.m. Eastern time. Thursday™s settlement was the loftiest for a most-active contract since May 13, 2013, marking a fresh 52-week high for the commodity, according to Dow...

Oil Trims Steep Weekly Loss as U.S. Warship Downs Iranian Drone

Oil snapped four days of losses after an American warship downed an Iranian drone near the Strait of Hormuz, stoking concerns crude flows from the Middle East may be disrupted. Futures rose as much as 1.9% in New York. The U.S. œimmediately destroyed the drone that approached the USS Boxer, President Donald Trump said on Thursday at the White House. Prices are still down almost 7% this week after Trump on Tuesday reiterated that he could impose additional tariffs on...

Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows. Benchmark crude prices were still on track for their biggest weekly decline in seven weeks, however, having fallen sharply earlier in the week on concerns over global oil demand amid slowing economic growth. Brent crude futures were up 1.11 cents, or 1.78%, at $63.04 a barrel by 10:37 GMT,...

Hong Kong, Shanghai stocks build on gains with surge
Monday, 18 March 2019 15:31 WIB | MARKET UPDATE |HONGKONGHANG SENG

Shares in Hong Kong and Shanghai surged Monday, building on last week's gains after China passed foreign investment rules that were seen as an olive branch in its trade standoff with the United States.

The Hang Seng Index in Hong Kong climbed 1.37 percent, or 396.75 points, to close at 29,409.01.

The benchmark Shanghai Composite Index jumped 2.47 percent, or 74.67 points, to 3,096.42 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 2.71 percent, or 44.42 points, to 1,685.79.

Source: AFP

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POPULAR NEWS
Gold eases after breaching $1,450/oz on rate-cut hopes, Iran tensions

Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East. Spot gold hit $1,452.60 an ounce in early trade, its highest since May 2013, and was down 0.5% at $1,439.41, as of 07:41 GMT. The metal is on track for a second straight weekly gain. U.S. gold futures jumped about 1% to $1,440.50. At a central...

Gold loses stream after tapping fresh 6-year highs

Gold futures lost steam on Friday, ending lower for the session as the dollar strengthened. Prices, however, gained for the week after logging their first intraday climb above $1,450 an ounce in six years. August gold trading fell by $1.40, or 0.1%, to settle at $1,426.70 an ounce, after touching an intraday high of $1,454.40. Friday™s intraday high and Thursday™s settlement were the loftiest for a most-active contract since mid-May 2013, according to Dow Jones Market Data. Gold tallied...

Gold extends rise, as yellow metal's monster rally persists

Gold futures rose on Friday, adding to a push toward fresh six-year highs, amid a backdrop of lower interest rates and monetary-policy easing that bulls deem ideal for the metal to rally. August gold trading was gaining $10.70, or 0.8%, to $1,438.80 an ounce, after hitting $1,448 an ounce in electronic trade Thursday at 4 p.m. Eastern time. Thursday™s settlement was the loftiest for a most-active contract since May 13, 2013, marking a fresh 52-week high for the commodity, according to Dow...

Oil Trims Steep Weekly Loss as U.S. Warship Downs Iranian Drone

Oil snapped four days of losses after an American warship downed an Iranian drone near the Strait of Hormuz, stoking concerns crude flows from the Middle East may be disrupted. Futures rose as much as 1.9% in New York. The U.S. œimmediately destroyed the drone that approached the USS Boxer, President Donald Trump said on Thursday at the White House. Prices are still down almost 7% this week after Trump on Tuesday reiterated that he could impose additional tariffs on...

Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows. Benchmark crude prices were still on track for their biggest weekly decline in seven weeks, however, having fallen sharply earlier in the week on concerns over global oil demand amid slowing economic growth. Brent crude futures were up 1.11 cents, or 1.78%, at $63.04 a barrel by 10:37 GMT,...

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