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POPULAR NEWS
Gold futures settle at a 14-month high

Gold futures climbed Tuesday to settle at their highest in 14 months, as comments from European Central Bank President Mario Draghi set the stage for lower interest rates, ahead of the U.S. Federal Reserve's monetary policy decision Wednesday. "We certainly don't think the Fed will cut [rates], although it is very likely to prepare the markets for a July trim," said Fawad Razaqzada, technical analyst at Forex.com. August gold rose $7.80, or 0.6%, to settle at $1,350.70 on Comex-the highest...

Gold futures settle lower, then move higher after Fed cites growing 'uncertainties'

Gold futures finished with a modest loss on Wednesday, easing back after settling a day earlier at their highest in 14 months. Prices for the precious metal then climbed in electronic trading after the U.S. Federal Reserve left key interest rates unchanged, but also said it will "closely monitor" the economy in light of growing "uncertainties." August gold was at $1,353 an ounce shortly after the Fed policy statement. The contract settled down $1.90, or 0.1%, at $1,348.80 on Comex, ahead of...

Gold Jumps Toward 14-Month High as Investors Bet on Dovish Central Banks

Gold prices on Tuesday jumped to the highest levels in more than a year as comments made in Portugal by European Central Bank President Mario Draghi ahead of a meeting of the Federal Reserve is seen as setting the stage for lower interest rates. August gold jumped $10.70, or 0.8%, to $1,353.60 an ounce, which would mark the highest settlement for the most-active contract since April 11, 2018 when it closed at $1,360 an ounce, if prices hold, according to FactSet data. Meanwhile, July silver...

Euro Falls, Dollar Rises as Trump Puts Pressure on Fed to Cut Rates

The euro was lower against the U.S. dollar on Tuesday, as U.S. President Donald Trump continued to put pressure on the Federal Reserve to ease rates by criticizing the European Central Bank. EUR/USD slipped 0.3% to 1.1185 by 11:04 AM ET (15:04 GMT), while the U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was up 0.1% to 97.20. Trump slammed ECB President Mario Draghi, who earlier in the day hinted at more stimulus money and rate cuts in...

U.S. oil prices mark highest finish in more than a week

U.S. oil futures rallied Tuesday as a tweet from President Donald Trump hinted at progress in U.S.-China trade talks, easing the market's worries about a potential slowdown in energy demand. The news also contributed to a sharp climb among benchmark U.S. stock indexes, lifting risk-on sentiment in the market. July West Texas Intermediate oil rose $1.97, or 3.8%, to settle at $53.90 a barrel on the New York Mercantile Exchange. That was the highest front-month contract finish since June 7,...

U.S. Stocks Attempt Recovery After S&P and Dow Have Worst Day Since Jan. 3
Tuesday, 14 May 2019 20:45 WIB | MARKET UPDATE |DOW JONESS & P 500Saham AS

U.S. stocks rose Tuesday as equity investors attempt to stage a comeback following the worst daily selloff for S&P 500 and the Dow since Jan. 3.

The S&P 500 is up 0.2% to 2,819. The Dow Jones Industrial Average advanced 78 points or, 0.3%, to around 25,403. The Nasdaq Composite was up 0.6% to 7,691.

Equities received a lift after President Donald Trump suggested a trade deal with China could still arrive in the next few weeks.

He later tweeted on Tuesday that "when the time is right we will make a deal with China." Investors have been rattled by trade tensions after both Washington and Beijing levied tariffs on each other recently. In company news, shares of Ralph Lauren Corp. fell 1.1% even after the clothing retailer's earnings and revenues beat Wall Street expectations.

Source : Market Watch

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POPULAR NEWS
Gold futures settle at a 14-month high

Gold futures climbed Tuesday to settle at their highest in 14 months, as comments from European Central Bank President Mario Draghi set the stage for lower interest rates, ahead of the U.S. Federal Reserve's monetary policy decision Wednesday. "We certainly don't think the Fed will cut [rates], although it is very likely to prepare the markets for a July trim," said Fawad Razaqzada, technical analyst at Forex.com. August gold rose $7.80, or 0.6%, to settle at $1,350.70 on Comex-the highest...

Gold futures settle lower, then move higher after Fed cites growing 'uncertainties'

Gold futures finished with a modest loss on Wednesday, easing back after settling a day earlier at their highest in 14 months. Prices for the precious metal then climbed in electronic trading after the U.S. Federal Reserve left key interest rates unchanged, but also said it will "closely monitor" the economy in light of growing "uncertainties." August gold was at $1,353 an ounce shortly after the Fed policy statement. The contract settled down $1.90, or 0.1%, at $1,348.80 on Comex, ahead of...

Gold Jumps Toward 14-Month High as Investors Bet on Dovish Central Banks

Gold prices on Tuesday jumped to the highest levels in more than a year as comments made in Portugal by European Central Bank President Mario Draghi ahead of a meeting of the Federal Reserve is seen as setting the stage for lower interest rates. August gold jumped $10.70, or 0.8%, to $1,353.60 an ounce, which would mark the highest settlement for the most-active contract since April 11, 2018 when it closed at $1,360 an ounce, if prices hold, according to FactSet data. Meanwhile, July silver...

Euro Falls, Dollar Rises as Trump Puts Pressure on Fed to Cut Rates

The euro was lower against the U.S. dollar on Tuesday, as U.S. President Donald Trump continued to put pressure on the Federal Reserve to ease rates by criticizing the European Central Bank. EUR/USD slipped 0.3% to 1.1185 by 11:04 AM ET (15:04 GMT), while the U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was up 0.1% to 97.20. Trump slammed ECB President Mario Draghi, who earlier in the day hinted at more stimulus money and rate cuts in...

U.S. oil prices mark highest finish in more than a week

U.S. oil futures rallied Tuesday as a tweet from President Donald Trump hinted at progress in U.S.-China trade talks, easing the market's worries about a potential slowdown in energy demand. The news also contributed to a sharp climb among benchmark U.S. stock indexes, lifting risk-on sentiment in the market. July West Texas Intermediate oil rose $1.97, or 3.8%, to settle at $53.90 a barrel on the New York Mercantile Exchange. That was the highest front-month contract finish since June 7,...

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