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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,...

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

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...

Oil Stuck Near $43 With Market Weighing Supply Against Virus

Oil in London was anchored near $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections. Libya™s oil exports are expected to slide this month as forces opposed to the government continue to block shipments, adding to coordinated OPEC+ cuts, while data last week showed the American labor market rebounded in June. However, a surge in U.S. virus cases has pushed global infections above 11.3...

Hong Kong Stocks Rise at Open

Hong Kong shares started on the front foot Monday, building on last week's rally as investors eye the ongoing reopening of economies around the world. The Hang Seng Index added 0.68 percent, or 172.42 points, to 25,545.54. The benchmark Shanghai Composite Index jumped 1.11 percent, or 35.03 points, to 3,187.84 while the Shenzhen Composite Index on China's second exchange gained 0.64 percent, or 12.98 points, to 2054.87. Source : AFP

Gold Edges Up as Geopolitics Take Control of Trade
Friday, 18 October 2019 03:38 WIB | PRECIOUS METALS |EMASGOLD

Investors managed to push gold higher Thursday instead of completely embracing risk, as doubts remained about whether the U.K. will get parliament ratification for its Brexit deal, but Turkey agreed to a ceasefire in Syria.

U.S. gold futures for December delivery settled up $4.30, or 0.3%, at $1,498.30 per ounce.

In post-settlement trade, gold futures were up just $1.45, or 0.1%, at $1,495.45, at 3:27 PM ET (19:27 GMT) after scaling $1,501.05 at the intraday high. Spot gold was up $1.83, or 0.1% higher, at $1,491.86.

Source : Investing.com

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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,...

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

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...

Oil Stuck Near $43 With Market Weighing Supply Against Virus

Oil in London was anchored near $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections. Libya™s oil exports are expected to slide this month as forces opposed to the government continue to block shipments, adding to coordinated OPEC+ cuts, while data last week showed the American labor market rebounded in June. However, a surge in U.S. virus cases has pushed global infections above 11.3...

Hong Kong Stocks Rise at Open

Hong Kong shares started on the front foot Monday, building on last week's rally as investors eye the ongoing reopening of economies around the world. The Hang Seng Index added 0.68 percent, or 172.42 points, to 25,545.54. The benchmark Shanghai Composite Index jumped 1.11 percent, or 35.03 points, to 3,187.84 while the Shenzhen Composite Index on China's second exchange gained 0.64 percent, or 12.98 points, to 2054.87. Source : AFP

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