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POPULAR NEWS
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,...

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...

Oil Drops by Nearly 3%, With U.S. Prices at Lowest in a Month

Oil futures dropped by nearly 3% on Thursday, sending U.S. prices to their lowest finish in roughly a month. Prices reversed earlier gains, "reacting to the weakness in U.S. equities and over expectations of a production rise from the U.S. Gulf of Mexico region, coming back into service after last week's Hurricane Barry disrupted production," said Mihir Kapadia, chief executive officer of Sun Global Investments. August West Texas Intermediate oil lost $1.48, or 2.6%, to settle at $55.30 a...

Gold Slips From Near 6-Year High; Silver Extends Rally

Gold slipped from near the highest level in six years as investors weighed the scale of expected interest rate cuts by the Federal Reserve this year. Silver rose to a five-month high. With just two weeks until the Fed™s policy meeting, the central bank™s anecdotal Beige Book report suggested the outlook was generally positive and the labor market remains tight -- but companies are still struggling to pass on higher wages and tariff-related costs to customers. Expectations...

Hong Kong stocks close down (Review)

Hong Kong stocks ended with more losses Thursday, in line with a broad sell-off across Asia following a negative lead from Wall Street with energy firms hit by falling oil price The Hang Seng Index dropped 0.46 percent, or 131.51 points to 28,461.66. The benchmark Shanghai Composite Index sank 1.04 percent, or 30.51 points, to 2,901.18, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.63 percent, or 25.71 points, to 1,548.64. Source  : AFP

China shares snap winning streak on profit-taking, trade worries
Tuesday, 25 June 2019 14:57 WIB | MARKET UPDATE |Indeks Shanghai Composite Bursa China

Chinese shares ended lower on Tuesday, snapping a six-day streak of gains, as investors locked in profits, while concerns that China and the United States would make little headway toward resolving their bitter trade war this week also hurt sentiment.

At the close, the Shanghai Composite index was down 0.87% at 2,982.07, trimming earlier losses. It was the first daily decline after six straight sessions of gains, its longest rising streak since February 2018. The Shanghai Composite rose more than 4% last week.

The blue-chip CSI300 index was down 1.04% after earlier falling as much as 2.25%. Its financial sector sub-index ended lower by 1.5%, the consumer staples sector finished down 0.55%, the real estate index lost 0.74% and the healthcare sub-index closed 0.13% lower.

The smaller Shenzhen index ended down 0.99% and the start-up board ChiNext Composite index was weaker by 1.06%.

Source: Reuters

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POPULAR NEWS
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,...

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...

Oil Drops by Nearly 3%, With U.S. Prices at Lowest in a Month

Oil futures dropped by nearly 3% on Thursday, sending U.S. prices to their lowest finish in roughly a month. Prices reversed earlier gains, "reacting to the weakness in U.S. equities and over expectations of a production rise from the U.S. Gulf of Mexico region, coming back into service after last week's Hurricane Barry disrupted production," said Mihir Kapadia, chief executive officer of Sun Global Investments. August West Texas Intermediate oil lost $1.48, or 2.6%, to settle at $55.30 a...

Gold Slips From Near 6-Year High; Silver Extends Rally

Gold slipped from near the highest level in six years as investors weighed the scale of expected interest rate cuts by the Federal Reserve this year. Silver rose to a five-month high. With just two weeks until the Fed™s policy meeting, the central bank™s anecdotal Beige Book report suggested the outlook was generally positive and the labor market remains tight -- but companies are still struggling to pass on higher wages and tariff-related costs to customers. Expectations...

Hong Kong stocks close down (Review)

Hong Kong stocks ended with more losses Thursday, in line with a broad sell-off across Asia following a negative lead from Wall Street with energy firms hit by falling oil price The Hang Seng Index dropped 0.46 percent, or 131.51 points to 28,461.66. The benchmark Shanghai Composite Index sank 1.04 percent, or 30.51 points, to 2,901.18, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.63 percent, or 25.71 points, to 1,548.64. Source  : AFP

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