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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

U.K. Retail Sales Jump As Discounts Spur Spending on Clothing

U.K. retail sales rose at their fastest pace in six months in January as consumers flocked to snap up cut-price clothing. Excluding auto fuel, the volume of goods sold in stores and online rose 1.2 percent from December, when they fell 1 percent in a Black Friday hangover, the Office for National Statistics said Friday. Total sales grew 1 percent. The figures were boosted by clothing sales, which grew 2.1 percent, the most since May, in a month of heavy discounting, as well as food. But...

Oil takes a hit as U.S. supplies rise a third week and global stock markets drop
Friday, 12 October 2018 02:28 WIB | ENERGY |Minyak WTIMinyak jenis Brent

Oil futures dropped Thursday to log their lowest settlement month to date, after a report revealed a third-weekly rise in U.S. crude supplies.

Prices also suffered in the wake of a global equity rout that raised concerns about the economy and the outlook for energy demand.

November West Texas Intermediate crude fell $2.20, or 3%, to settle at $70.97 a barrel on the New York Mercantile Exchange. The global benchmark, Brent crude for December delivery on the ICE Europe exchange lost $2.83, or 3.4%, to $80.26 a barrel. Both benchmarks on Thursday saw their lowest settlements since Sept. 21, after dropping by more than 2% Wednesday, according to FactSet data.

Marketwatch

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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

U.K. Retail Sales Jump As Discounts Spur Spending on Clothing

U.K. retail sales rose at their fastest pace in six months in January as consumers flocked to snap up cut-price clothing. Excluding auto fuel, the volume of goods sold in stores and online rose 1.2 percent from December, when they fell 1 percent in a Black Friday hangover, the Office for National Statistics said Friday. Total sales grew 1 percent. The figures were boosted by clothing sales, which grew 2.1 percent, the most since May, in a month of heavy discounting, as well as food. But...

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