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POPULAR NEWS
Gold Hits 3-Week High, on Course to Reclaiming $1,600 Perch

The fear factor across markets is like manna from heaven for gold bugs. Both bullion and futures of the yellow metal breached the key $1,580 per ounce resistance on Monday before consolidating gains, although analysts said the $1,600 target seemed well within the market™s reach. Gold futures for February delivery on New York™s COMEX settled up $5.50, or 0.4%, at $1,577.40 per ounce. It earlier reached $1,588.10, a peak since Jan. 8. Spot gold, which tracks live trades in bullion, was up...

Gold Snaps 4-Day Rise as Markets Take Breather From Virus

Gold snapped a four-day rally on Tuesday as investors returned to give life to stocks and other risk assets crushed in the aftermath of the coronavirus crisis. But the yellow metal™s retreat was, nevertheless, modest as markets awaited the outcome of the Federal Reserve™s monthly policy meeting and what that could mean for U.S. rates. Gold futures for February delivery on New York™s COMEX settled down $7.60, or 0.5%, at $1,569.80 per ounce. It reached a three-week high of $1,588.10 on...

Gold showcases haven credentials as Equities sink on Virus Fears

Gold is once again showcasing its long-standing reputation as an effective haven in troubled times, trading near the highest close in more than six years amid rising concern over the economic and human impact of China's deadly coronavirus. Prices steadied after surging Monday as investors weighed the fallout from the spread of the disease, with Germany reportedly seeing its first case. The virus has killed at least 80, and infected more than 2,700. China's markets...

Dollar Advance Kept in Check by Yen Amid Safe-Haven Rush

The dollar remained on the back foot Monday, pressured by a surprise fall in new home sales data and a bid in the yen and Swiss franc as worries intensified over the spread of the deadly coronavirus. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.12% to 97.97. The Commerce Department said new home sales fell fell 0.4% to a seasonally adjusted annual rate of 694,000 units in December, confounding expectations for a 1.5%...

Oil Prices Log Lowest Finish in Over 3 Months as Coronavirus Stokes Fears of Weak Demand

Oil prices fell for a fifth session in a row on Monday, settling at their lowest in more than three months, as the growing death toll and spread of China's deadly influenza over the weekend incited fresh fears that the illness could hurt global energy demand. West Texas Intermediate crude for March delivery declined by $1.05, or 1.9%, to settle at $53.14 a barrel on the New York Mercantile Exchange. Prices for the front-month contract, which fell 7.5% last week, settled Monday at their lowest...

U.S. Stocks Open Lower as Investors Eye Report of December Tariff Delay
Tuesday, 10 December 2019 21:43 WIB | MARKET UPDATE |Saham ASS & P 500

U.S. stocks opened slightly lower on Tuesday even after news reports indicated both Washington and Beijing were preparing to delay tariffs due to kick in on Dec. 15.

Stock-market futures were trading sharply lower in the morning but shed their losses towards the opening bell.

The S&P 500 edged 0.1% lower to 3,133. The Dow Jones Industrial Average retreated 36 points, or 0.1%, to 27,874. The Nasdaq Composite was down 0.1% to 8,614.

The delay of import duties in December are seen as particularly important because they would apply to a wider swathe of consumer goods, delivering a more direct hit to households which have seen a muted impact from U.S.-China trade tensions so far.

Source : Market Watch

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POPULAR NEWS
Gold Hits 3-Week High, on Course to Reclaiming $1,600 Perch

The fear factor across markets is like manna from heaven for gold bugs. Both bullion and futures of the yellow metal breached the key $1,580 per ounce resistance on Monday before consolidating gains, although analysts said the $1,600 target seemed well within the market™s reach. Gold futures for February delivery on New York™s COMEX settled up $5.50, or 0.4%, at $1,577.40 per ounce. It earlier reached $1,588.10, a peak since Jan. 8. Spot gold, which tracks live trades in bullion, was up...

Gold Snaps 4-Day Rise as Markets Take Breather From Virus

Gold snapped a four-day rally on Tuesday as investors returned to give life to stocks and other risk assets crushed in the aftermath of the coronavirus crisis. But the yellow metal™s retreat was, nevertheless, modest as markets awaited the outcome of the Federal Reserve™s monthly policy meeting and what that could mean for U.S. rates. Gold futures for February delivery on New York™s COMEX settled down $7.60, or 0.5%, at $1,569.80 per ounce. It reached a three-week high of $1,588.10 on...

Gold showcases haven credentials as Equities sink on Virus Fears

Gold is once again showcasing its long-standing reputation as an effective haven in troubled times, trading near the highest close in more than six years amid rising concern over the economic and human impact of China's deadly coronavirus. Prices steadied after surging Monday as investors weighed the fallout from the spread of the disease, with Germany reportedly seeing its first case. The virus has killed at least 80, and infected more than 2,700. China's markets...

Dollar Advance Kept in Check by Yen Amid Safe-Haven Rush

The dollar remained on the back foot Monday, pressured by a surprise fall in new home sales data and a bid in the yen and Swiss franc as worries intensified over the spread of the deadly coronavirus. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.12% to 97.97. The Commerce Department said new home sales fell fell 0.4% to a seasonally adjusted annual rate of 694,000 units in December, confounding expectations for a 1.5%...

Oil Prices Log Lowest Finish in Over 3 Months as Coronavirus Stokes Fears of Weak Demand

Oil prices fell for a fifth session in a row on Monday, settling at their lowest in more than three months, as the growing death toll and spread of China's deadly influenza over the weekend incited fresh fears that the illness could hurt global energy demand. West Texas Intermediate crude for March delivery declined by $1.05, or 1.9%, to settle at $53.14 a barrel on the New York Mercantile Exchange. Prices for the front-month contract, which fell 7.5% last week, settled Monday at their lowest...

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