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POPULAR NEWS
Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.3 million. Mexico overtook France with the fifth-deadliest outbreak. Spot gold +0.2% to $1,776.01/oz at 8:10am in Singapore. Last week,...

Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.4 million. Mexico overtook France with the fifth-deadliest outbreak, while India™s coronavirus epidemic became the third...

Tokyo Shares Open The Week on Positive Note

Tokyo shares opened higher Monday while investors monitored with caution a continued rebound of global coronavirus infections. The benchmark Nikkei 225 index rose 25.74 points or 0.12 percent to 22,332.22, while the broader Topix index added 2.94 points or 0.19 percent to 1,555.27. Source : AFP

Gold Rises Back Near $1,800 as U.S. Dollar Softens to Start July's First Full Week

Gold futures headed higher early Monday, supported in part by a weakening U.S. dollar, which was providing a runway for the commodity even as global stocks rallied. The U.S. dollar was off 0.5%, as measured by the ICE U.S. Dollar Index, a gauge of the buck against a half-dozen currencies. A weaker U.S. dollar can make assets priced in the currency more attractive to buyers using other monetary units. Against that backdrop, August gold rose $4.30, or 0.2%, at $1,794.50 an ounce, after the...

Dollar in Tight Range Ahead of U.S. Services Sector Data

The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook. A steady rise of new coronavirus infections in the...

Dow hits session low, falls more than 250 points ahead of Trump news conference on China
Friday, 29 May 2020 23:53 WIB | MARKET UPDATE |Saham AS

Stocks were lower on Friday as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump.

The Dow Jones Industrial Average fell 255 points, or 1%. The S&P 500 slid 0.7% while the Nasdaq Composite was down by 0.1%.

Trump said Thursday afternoon he would hold the news conference, knocking stocks down from solid gains. That announcement came after China approved a national security bill for Hong Kong that experts warn could endanger the city™s œone party, two systems principle. That principle allows for additional freedoms that mainland China residents don™t have. The news conference is scheduled for 2 p.m. ET on Friday.

Source: CNBC

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POPULAR NEWS
Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.3 million. Mexico overtook France with the fifth-deadliest outbreak. Spot gold +0.2% to $1,776.01/oz at 8:10am in Singapore. Last week,...

Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.4 million. Mexico overtook France with the fifth-deadliest outbreak, while India™s coronavirus epidemic became the third...

Tokyo Shares Open The Week on Positive Note

Tokyo shares opened higher Monday while investors monitored with caution a continued rebound of global coronavirus infections. The benchmark Nikkei 225 index rose 25.74 points or 0.12 percent to 22,332.22, while the broader Topix index added 2.94 points or 0.19 percent to 1,555.27. Source : AFP

Gold Rises Back Near $1,800 as U.S. Dollar Softens to Start July's First Full Week

Gold futures headed higher early Monday, supported in part by a weakening U.S. dollar, which was providing a runway for the commodity even as global stocks rallied. The U.S. dollar was off 0.5%, as measured by the ICE U.S. Dollar Index, a gauge of the buck against a half-dozen currencies. A weaker U.S. dollar can make assets priced in the currency more attractive to buyers using other monetary units. Against that backdrop, August gold rose $4.30, or 0.2%, at $1,794.50 an ounce, after the...

Dollar in Tight Range Ahead of U.S. Services Sector Data

The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook. A steady rise of new coronavirus infections in the...

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