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POPULAR NEWS
Gold prices settle higher, head lower after Fed decision

Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at a range of 1.5% to 1.75%, as expected. Following the Fed news, which came after gold futures settled, February gold was at $1,473.10 an ounce in electronic trading. It had ended the session up $6.90, or 0.5%, at $1,475 an ounce. Source: Marketwatch

Oil rises but US-China trade war weighs on demand outlook

Oil prices inched up on Tuesday as OPEC™s deal with associated producers last week to deepen output cuts in 2020 continued to provide a floor for prices, but U.S.-China trade tensions clouded the demand outlook. Brent crude was up 7 cents to $64.32 a barrel, and West Texas Intermediate oil settled up 22 cents at $59.24 a barrel. The benchmarks fell 0.2% and 0.3% respectively on Monday. Last week, the Organization of the Petroleum Exporting Countries and associated producers like Russia...

Sterling Drops as Poll Shows Conservative Lead Slipping Ahead of U.K. Election

The pound came under pressure early Wednesday after a fresh YouGov poll predicted a slimmer-than-expected lead for Prime Minister Boris Johnson™s Conservative Party in a General Election that™s now less than 24 hours away. Sterling slipped 0.3% to $1.3124 from a level of $1.3155 seen late Tuesday in North American trading. The FTSE 100 was up 0.4% in early action, benefiting from a weaker pound as many multinational companies listed on the index earn the bulk of their revenue outside the...

Hong Kong Stocks Finish In The Red (Review)

Hong Kong stocks closed Tuesday with fresh losses as traders grow increasingly wary about the lack of news on the China-US tariffs talks with a deadline for fresh measures against Beijing just days away. The Hang Seng index fell 0.22 percent, or 58.11 points, to 26,436.62. But the benchmark Shanghai Composite Index added 0.10 percent, or 2.84 points, to 2,917.32 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.38 percent, or 6.31 points, to...

Oil prices end lower after unexpected climb in weekly U.S. crude inventory data

Oil futures finished lower on Wednesday after U.S. government data showed an unexpected climb in domestic supplies of crude oil, as well as sizable gains in gasoline and distillate stockpiles. Prices showed little reaction to the Federal Reserve™s decision to hold its benchmark interest rate unchanged in a range of 1.5% and 1.75%. On Wednesday, West Texas Intermediate crude for January delivery declined 48 cents, or 0.8%, to settle at $58.76 a barrel on the New York Mercantile Exchange. On...

Stocks Turn Lower Ahead of Fed Decision
Wednesday, 30 October 2019 23:18 WIB | MARKET UPDATE |SahamASS & P 500DOW JONES

Stocks were trading lower Wednesday, ahead of an expected Federal Reserve interest-rate cut, while a flood of quarterly corporate results continued to come in mixed, but better than some analysts had feared.

The Dow Jones Industrial Average was down about 25 points at 27,046, while the S&P 500 was off 4 points at 3,036=3. The Nasdaq was about half a point higher, around 8,264.

The S&P 500 notched an all-time intraday high Tuesday morning, but ended slightly lower after equities lost steam. The large-cap index, which posted a record close on Monday, lost 2.53 points Tuesday, or 0.1%, to end at 3,036.89. The Dow gave up 19.30 points, or 0.1%, to finish at 27,071.42, while the Nasdaq Composite shed 49.13 points, or 0.6%, closing at 8,276.85.

Source : Marketwatch

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POPULAR NEWS
Gold prices settle higher, head lower after Fed decision

Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at a range of 1.5% to 1.75%, as expected. Following the Fed news, which came after gold futures settled, February gold was at $1,473.10 an ounce in electronic trading. It had ended the session up $6.90, or 0.5%, at $1,475 an ounce. Source: Marketwatch

Oil rises but US-China trade war weighs on demand outlook

Oil prices inched up on Tuesday as OPEC™s deal with associated producers last week to deepen output cuts in 2020 continued to provide a floor for prices, but U.S.-China trade tensions clouded the demand outlook. Brent crude was up 7 cents to $64.32 a barrel, and West Texas Intermediate oil settled up 22 cents at $59.24 a barrel. The benchmarks fell 0.2% and 0.3% respectively on Monday. Last week, the Organization of the Petroleum Exporting Countries and associated producers like Russia...

Sterling Drops as Poll Shows Conservative Lead Slipping Ahead of U.K. Election

The pound came under pressure early Wednesday after a fresh YouGov poll predicted a slimmer-than-expected lead for Prime Minister Boris Johnson™s Conservative Party in a General Election that™s now less than 24 hours away. Sterling slipped 0.3% to $1.3124 from a level of $1.3155 seen late Tuesday in North American trading. The FTSE 100 was up 0.4% in early action, benefiting from a weaker pound as many multinational companies listed on the index earn the bulk of their revenue outside the...

Hong Kong Stocks Finish In The Red (Review)

Hong Kong stocks closed Tuesday with fresh losses as traders grow increasingly wary about the lack of news on the China-US tariffs talks with a deadline for fresh measures against Beijing just days away. The Hang Seng index fell 0.22 percent, or 58.11 points, to 26,436.62. But the benchmark Shanghai Composite Index added 0.10 percent, or 2.84 points, to 2,917.32 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.38 percent, or 6.31 points, to...

Oil prices end lower after unexpected climb in weekly U.S. crude inventory data

Oil futures finished lower on Wednesday after U.S. government data showed an unexpected climb in domestic supplies of crude oil, as well as sizable gains in gasoline and distillate stockpiles. Prices showed little reaction to the Federal Reserve™s decision to hold its benchmark interest rate unchanged in a range of 1.5% and 1.75%. On Wednesday, West Texas Intermediate crude for January delivery declined 48 cents, or 0.8%, to settle at $58.76 a barrel on the New York Mercantile Exchange. On...

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