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POPULAR NEWS
Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday. China said Friday it's in the process of waiving retaliatory tariffs on imports of U.S. pork and soy by domestic companies, a procedural step that may also signal a broader trade agreement with the U.S. is drawing closer. President Donald Trump said that talks were œmoving along well. Investors are...

Tokyo Stocks Edge Up On Hopes For US-China Trade Deal

Tokyo stocks inched up Friday on continued hopes for a US-China trade deal, with investors cautious thanks to outstanding uncertainties, including Britain's general election next week. The benchmark Nikkei 225 index rose 0.23 per cent, or 54.31 points, to close at 23,354.40, while the broader Topix index was up 0.11 per cent, or 1.95 points, at 1,713.36. Source : AFP

U.S. oil futures post biggest weekly rise since June

Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018...

Asia stocks sunk as Trump fires new trade salvo
Friday, 31 May 2019 08:10 WIB | MARKET UPDATE |Saham Asian Indeks MSCI Asia PasifikIndeksNikkei 225

Asian shares extended a month-long slide and sovereign bonds surged on Friday after U.S. President Donald Trump ramped up trade tensions globally by suddenly slapping tariffs on all goods from Mexico, sending the peso tumbling.

Washington will impose a 5% tariff from June 10, which would then rise steadily to 25% until illegal immigration across the southern border was stopped.

Japan's Nikkei fell 1.2% in early trade, to be down 7% for the month so far. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1% and was likewise off a hefty 7.7 for the month.

Source : Reuters

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POPULAR NEWS
Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday. China said Friday it's in the process of waiving retaliatory tariffs on imports of U.S. pork and soy by domestic companies, a procedural step that may also signal a broader trade agreement with the U.S. is drawing closer. President Donald Trump said that talks were œmoving along well. Investors are...

Tokyo Stocks Edge Up On Hopes For US-China Trade Deal

Tokyo stocks inched up Friday on continued hopes for a US-China trade deal, with investors cautious thanks to outstanding uncertainties, including Britain's general election next week. The benchmark Nikkei 225 index rose 0.23 per cent, or 54.31 points, to close at 23,354.40, while the broader Topix index was up 0.11 per cent, or 1.95 points, at 1,713.36. Source : AFP

U.S. oil futures post biggest weekly rise since June

Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018...

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