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POPULAR NEWS
Gold Futures End Higher as Weekly Jobless Claims Climb to Record

Gold futures ended higher on Thursday, with the haven metal getting a boost on the heels of a climb in U.S. weekly jobless claims to a record 6.6 million. The move for gold followed four consecutive sessions of losses for the metal. June gold rose $46.30, or 2.9%, to settle at $1,637.70 an ounce. That was the biggest one-day percentage gain since March 24, according to FactSet data. Source : Marketwatch

Gold Bounces Around As Investors Key In On Friday Jobs Report

Gold futures on Friday swung between small gains and losses as investors watched for a report on the labor market in March, which may offer some clues about the state of American jobs even if it doesn™t entirely reveal the extent of the damage of coronavirus business shutdowns. Friday™s nonfarm-payrolls report from the Bureau of Labor Statistics will indicate how many workers the U.S. economy added last month, with average consensus estimates from economists for ais expected to show...

Gold slips on firm dollar, poor U.S. data limits losses

Gold inched down on Friday after rising 1.4% in the previous session as the U.S. dollar firmed, but record high weekly U.S. jobless claims filings kept a check on bullion™s downside. Spot gold eased 0.1% to $1,610.64 per ounce by 0037 GMT. U.S. gold futures slipped 0.1% to $1,635.50. The metal was down over 0.4% for the week after an 8% jump in the previous week. The dollar was up 0.1% against key rivals, having risen for the last two sessions. The number of Americans filing claims for...

Gold Eases on Firm Dollar, But Holds Tight Range Ahead of US Data

Gold prices were subdued on Friday as the dollar strengthened, but they were stuck in a narrow range ahead of U.S. nonfarm payrolls data that could provide further clarity on the economic damage from the coronavirus. Spot gold was down 0.1% at $1,610.46 per ounce by 0923 GMT. The metal has declined nearly 0.5% so far this week after an 8% jump in the previous week. U.S. gold futures dropped 0.6% to $1,627.90 per ounce. Safe-haven gains for the U.S. dollar limited gold™s advance, with the...

U.S. oil prices settle nearly 25% higher; Trump expects a Saudi Arabia-Russia output cut

Oil futures rallied Thursday, finding support after President Donald Trump tweeted that he spoke to Saudi Arabia's Crown Prince Mohammed bin Salman, who held a discussion with Russian President Vladimir Putin, and now expects the two major oil producers to announce a production cut of "approximately 10 Million Barrels." Trump later tweeted that the cut could be as high as 15 million barrels. Saudi Arabia has also called for an "urgent" meeting of OPEC and its allies. News reports, however,...

Stocks Open Modestly Lower as Nasdaq Heads for Back-to-Back Losses
Friday, 21 February 2020 21:42 WIB | MARKET UPDATE |SahamASIndeks NasdaqS & P 500DOW JONES

U.S. stocks extended their retreat from records on Friday as investors grappled with heightened fears around the economic damage from COVID-19, which has also lifted expectations for the Federal Reserve to cut rates later this year.

The S&P 500 was down 0.3% to 3,362. The Dow Jones Industrial Average fell 105 points, or 0.4%, to 29,114. The Nasdaq Composite retreated 0.4% to 9,712. Equities are struggling amid signs that the impact of COVID-19 could spill beyond China and into neighboring Asian economies.

More companies are also speaking of increased disruptions to their individual supply chains as Chinese workers trickle back onto factory floors. The 30-year Treasury bond yield set a new all-time low on Friday, falling to 1.926% at last check, underlining the economic pessimism reflected in the bond market. In company news, shares of Deere surged after its earnings surpassed Wall Street expectations.

Source : Marketwatch

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POPULAR NEWS
Gold Futures End Higher as Weekly Jobless Claims Climb to Record

Gold futures ended higher on Thursday, with the haven metal getting a boost on the heels of a climb in U.S. weekly jobless claims to a record 6.6 million. The move for gold followed four consecutive sessions of losses for the metal. June gold rose $46.30, or 2.9%, to settle at $1,637.70 an ounce. That was the biggest one-day percentage gain since March 24, according to FactSet data. Source : Marketwatch

Gold Bounces Around As Investors Key In On Friday Jobs Report

Gold futures on Friday swung between small gains and losses as investors watched for a report on the labor market in March, which may offer some clues about the state of American jobs even if it doesn™t entirely reveal the extent of the damage of coronavirus business shutdowns. Friday™s nonfarm-payrolls report from the Bureau of Labor Statistics will indicate how many workers the U.S. economy added last month, with average consensus estimates from economists for ais expected to show...

Gold slips on firm dollar, poor U.S. data limits losses

Gold inched down on Friday after rising 1.4% in the previous session as the U.S. dollar firmed, but record high weekly U.S. jobless claims filings kept a check on bullion™s downside. Spot gold eased 0.1% to $1,610.64 per ounce by 0037 GMT. U.S. gold futures slipped 0.1% to $1,635.50. The metal was down over 0.4% for the week after an 8% jump in the previous week. The dollar was up 0.1% against key rivals, having risen for the last two sessions. The number of Americans filing claims for...

Gold Eases on Firm Dollar, But Holds Tight Range Ahead of US Data

Gold prices were subdued on Friday as the dollar strengthened, but they were stuck in a narrow range ahead of U.S. nonfarm payrolls data that could provide further clarity on the economic damage from the coronavirus. Spot gold was down 0.1% at $1,610.46 per ounce by 0923 GMT. The metal has declined nearly 0.5% so far this week after an 8% jump in the previous week. U.S. gold futures dropped 0.6% to $1,627.90 per ounce. Safe-haven gains for the U.S. dollar limited gold™s advance, with the...

U.S. oil prices settle nearly 25% higher; Trump expects a Saudi Arabia-Russia output cut

Oil futures rallied Thursday, finding support after President Donald Trump tweeted that he spoke to Saudi Arabia's Crown Prince Mohammed bin Salman, who held a discussion with Russian President Vladimir Putin, and now expects the two major oil producers to announce a production cut of "approximately 10 Million Barrels." Trump later tweeted that the cut could be as high as 15 million barrels. Saudi Arabia has also called for an "urgent" meeting of OPEC and its allies. News reports, however,...

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