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POPULAR NEWS
Gold Prices Settle at a More Than 6-Year High

Gold futures climbed Wednesday to settle at their highest since May 2013, finding support from weakness in the dollar and expectations that the Federal Reserve will cut key interest rates later this month. "The dollar has eased back a little...allowing buck-denominated gold and silver to break further higher," said Fawad Razaqzada, technical analyst at Forex.com. "As well as a weaker dollar, these precious metals have found support from safe haven flows amid weakness on Wall Street, where...

Gold notches back-to-back gains to hit another 6-year peak

Gold futures fell on Thursday after the precious commodity notched a fresh six-year high Wednesday, prompted by a cocktail of lower debt yields, a pause in dollar strength and bullish comments from a prominent hedge-fund investor. August gold trading on Comex tacked on $4.80, or 0.3%, to settle at $1,428.10 an ounce, after climbing by 0.9% on Wednesday. The latest settlement was the highest for a most-active contract since May 13, 2013, FactSet data show. September silver added 22.7 cents,...

Dollar Held Back by Lower U.S. Yields, Rebound in Pound

The dollar nursed light losses on Thursday, weighed down by lower U.S. yields and a rebound in the pound from 27-month lows. The dollar index versus a basket of six major currencies was flat at 97.200 after shedding 0.2% the previous day. The index had climbed to a one-week peak of 97.444 the previous day on stronger-than-expected U.S. retail sales and a slump in sterling. But it nudged lower as Treasury yields fell in the wake of weak U.S. housing market data and concerns about the...

Oil Prices End Lower as U.S. Crude Supplies Fall Less Than Expected And Product Stocks Climb

Oil futures ended with a loss on Wednesday, with U.S. prices at their lowest in about two weeks, as U.S. crude supplies posted a smaller-than-expected weekly decline and stockpiles of gasoline and distillates saw sizable gains. August West Texas Intermediate oil lost 84 cents, or 1.5%, to settle at $56.78 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since July 2, according to FactSet data. Source : Marketwatch

Gold edges lower, takes a breather after touching fresh 6-year peak

Gold futures were trading little changed on Thursday after the precious commodity notched a fresh six-year high Wednesday, prompted by a cocktail of lower debt yields, a pause in dollar strength and bullish comments from a prominent hedge-fund investor. August gold trading on Comex edged $1.20, or 0.1%, at $1,422 an ounce, after it jumped $12.10, or 0.9%, on Wednesday, notching its highest finish for a most active contract since May 14, 2013, FactSet data show. Prices took a leg slightly...

European stocks close higher as investors shrug off weak data, look to strong earnings
Thursday, 18 April 2019 23:19 WIB | MARKET UPDATE | IndeksStoxx EuropeIndeks Stoxx Europe 600SahamEropa

European stocks closed higher on the final day of a shortened trading week, as investors looked past weak euro zone data to fresh corporate earnings.

The pan-European STOXX 600 closed up 0.2% to 390.46, with sectors and major bourses largely in positive territory.

Equities initially turned negative after the release of weak manufacturing PMI numbers out of France and Germany. German manufacturing data came in below expectations, while France™s data also showed a decline in output.

PMI data for the euro zone came also came in below forecasts, stoking concerns of a slowdown in the region. The euro fell to a one-week low against the dollar after the figures were released.

Source : CNBC

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POPULAR NEWS
Gold Prices Settle at a More Than 6-Year High

Gold futures climbed Wednesday to settle at their highest since May 2013, finding support from weakness in the dollar and expectations that the Federal Reserve will cut key interest rates later this month. "The dollar has eased back a little...allowing buck-denominated gold and silver to break further higher," said Fawad Razaqzada, technical analyst at Forex.com. "As well as a weaker dollar, these precious metals have found support from safe haven flows amid weakness on Wall Street, where...

Gold notches back-to-back gains to hit another 6-year peak

Gold futures fell on Thursday after the precious commodity notched a fresh six-year high Wednesday, prompted by a cocktail of lower debt yields, a pause in dollar strength and bullish comments from a prominent hedge-fund investor. August gold trading on Comex tacked on $4.80, or 0.3%, to settle at $1,428.10 an ounce, after climbing by 0.9% on Wednesday. The latest settlement was the highest for a most-active contract since May 13, 2013, FactSet data show. September silver added 22.7 cents,...

Dollar Held Back by Lower U.S. Yields, Rebound in Pound

The dollar nursed light losses on Thursday, weighed down by lower U.S. yields and a rebound in the pound from 27-month lows. The dollar index versus a basket of six major currencies was flat at 97.200 after shedding 0.2% the previous day. The index had climbed to a one-week peak of 97.444 the previous day on stronger-than-expected U.S. retail sales and a slump in sterling. But it nudged lower as Treasury yields fell in the wake of weak U.S. housing market data and concerns about the...

Oil Prices End Lower as U.S. Crude Supplies Fall Less Than Expected And Product Stocks Climb

Oil futures ended with a loss on Wednesday, with U.S. prices at their lowest in about two weeks, as U.S. crude supplies posted a smaller-than-expected weekly decline and stockpiles of gasoline and distillates saw sizable gains. August West Texas Intermediate oil lost 84 cents, or 1.5%, to settle at $56.78 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since July 2, according to FactSet data. Source : Marketwatch

Gold edges lower, takes a breather after touching fresh 6-year peak

Gold futures were trading little changed on Thursday after the precious commodity notched a fresh six-year high Wednesday, prompted by a cocktail of lower debt yields, a pause in dollar strength and bullish comments from a prominent hedge-fund investor. August gold trading on Comex edged $1.20, or 0.1%, at $1,422 an ounce, after it jumped $12.10, or 0.9%, on Wednesday, notching its highest finish for a most active contract since May 14, 2013, FactSet data show. Prices took a leg slightly...

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