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POPULAR NEWS
Gold futures settle at their highest in a week

Gold futures climbed Thursday to mark their highest settlement in a week, buoyed by losses in global stock markets and expectations that the U.S. and China are headed for a prolonged trade dispute. June gold added $11.20, or 0.9%, to settle at $1,285.40 an ounce on Comex. Among other precious metals, silver rose 1.2% to $14.62 per ounce, while palladium edged 0.2% higher to $1,316.80. Platinum rose 0.2% to $800.52 an ounce, after touching the lowest since Feb. 15 at $791 earlier in the...

Hong Kong Stocks Finish With Steep Losses (Review)

Shares tumbled in Hong Kong and Shanghai on Thursday as traders fret about growing tensions between China and the US, with tech and energy firms among the worst performers. The Hang Seng Index dived 1.58 percent, or 438.81 points, to 27,267.13. The benchmark Shanghai Composite Index sank 1.35 percent, or 39.18 points, to 2,852.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.43 percent, or 37.48 points, to 1,503.37. Source : AFP

Tokyo stocks open lower on trade worries

Tokyo stocks opened lower on Friday on worries over the US-China trade war as bellicose rhetoric persisted between Washington and Beijing, pushing the safe-haven yen higher against the dollar. The benchmark Nikkei 225 index lost 0.94 percent, or 199.04 points, to 20,952.10 in early trade, while the broader Topix Index was down 0.86 percent or 13.26 points at 1,527.32. Source: AFP

Wall Street Plunges on Trade, Growth Worries

Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth. The only good news was that the major indexes bounced off their lows in the last hour of trading. The Dow Jones Industrial Average fell 1.1% or 286.14 to 25,490.47 . The S&P 500 slumped 1.2% or 34.65 to 2,821.62 and the Nasdaq Composite dropped 1.6% or 122.56 to 7,628.28. Stocks have succumbed to selling pressure in May after Washington and Beijing engaged in...

European stocks close sharply lower on trade worries; Royal Mail plunges to record low

European markets closed sharply lower Thursday amid ongoing U.S.-China trade concerns. The pan-European Stoxx 600 closed down by 1.4% to 373.79  with almost every sector in the red. All major bourses were in negative territory, with Britain's FTSE 100 down 1.4%, while Germany's DAX and France's CAC both fell around 1.8%. Autos were among the worst-performing sectors in Europe, down by nearly 3%. This comes after renewed concerns over the trade relationship between the U.S. and China....

Gold Traded Near Lowest Level This Year on Growth Optimism
Wednesday, 17 April 2019 14:39 WIB | PRECIOUS METALS |GOLDEMAS

Gold traded near the lowest level this year as world equities held near a six-month high on renewed optimism about global growth after China™s economy unexpectedly held up in the first quarter.

China™s first-quarter GDP figures out Wednesday exceeded economist estimates and March retail sales and industrial production were also better-than-expected. That™s easing concerns about a slowdown that had rattled investors.

A bearish technical indicator is also weighing on gold. The metal broke below its 100-day moving average on Monday, pointing to further weakness.

Spot gold +0.2% to $1,279.46/oz at 7:15am in London after dropping to $1,273.02 on Tuesday, lowest intraday level since Dec. 27.

Source : Bloomberg

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POPULAR NEWS
Gold futures settle at their highest in a week

Gold futures climbed Thursday to mark their highest settlement in a week, buoyed by losses in global stock markets and expectations that the U.S. and China are headed for a prolonged trade dispute. June gold added $11.20, or 0.9%, to settle at $1,285.40 an ounce on Comex. Among other precious metals, silver rose 1.2% to $14.62 per ounce, while palladium edged 0.2% higher to $1,316.80. Platinum rose 0.2% to $800.52 an ounce, after touching the lowest since Feb. 15 at $791 earlier in the...

Hong Kong Stocks Finish With Steep Losses (Review)

Shares tumbled in Hong Kong and Shanghai on Thursday as traders fret about growing tensions between China and the US, with tech and energy firms among the worst performers. The Hang Seng Index dived 1.58 percent, or 438.81 points, to 27,267.13. The benchmark Shanghai Composite Index sank 1.35 percent, or 39.18 points, to 2,852.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.43 percent, or 37.48 points, to 1,503.37. Source : AFP

Tokyo stocks open lower on trade worries

Tokyo stocks opened lower on Friday on worries over the US-China trade war as bellicose rhetoric persisted between Washington and Beijing, pushing the safe-haven yen higher against the dollar. The benchmark Nikkei 225 index lost 0.94 percent, or 199.04 points, to 20,952.10 in early trade, while the broader Topix Index was down 0.86 percent or 13.26 points at 1,527.32. Source: AFP

Wall Street Plunges on Trade, Growth Worries

Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth. The only good news was that the major indexes bounced off their lows in the last hour of trading. The Dow Jones Industrial Average fell 1.1% or 286.14 to 25,490.47 . The S&P 500 slumped 1.2% or 34.65 to 2,821.62 and the Nasdaq Composite dropped 1.6% or 122.56 to 7,628.28. Stocks have succumbed to selling pressure in May after Washington and Beijing engaged in...

European stocks close sharply lower on trade worries; Royal Mail plunges to record low

European markets closed sharply lower Thursday amid ongoing U.S.-China trade concerns. The pan-European Stoxx 600 closed down by 1.4% to 373.79  with almost every sector in the red. All major bourses were in negative territory, with Britain's FTSE 100 down 1.4%, while Germany's DAX and France's CAC both fell around 1.8%. Autos were among the worst-performing sectors in Europe, down by nearly 3%. This comes after renewed concerns over the trade relationship between the U.S. and China....

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