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POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...

Tokyo Stocks Open Higher Following Wall St Climb

Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP

Hong Kong Stocks Sharply Up At Break

Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP

European Stocks Open Higher as Policy Stimulus Hopes Grow

European stocks opened higher on Monday as hopes emerge for stimulus from central banks and fiscal measures from major economies such as China and Germany. The pan-European Stoxx 600 jumped 0.8% at 372.97 at the opening bell, with basic resources surging 1.8% as all sectors and major bourses traded in positive territory. German finance minister Olaf Scholz said on Sunday that Germany has the fiscal strength to mitigate any future economic crisis with œfull force and suggested that...

Oil Sinks to One-Year Low as Equity Slump Adds to Supply Fears
Tuesday, 18 December 2018 20:08 WIB | ENERGY |MinyakWTIBrentOil,

Oil sank to another one-year low in New York as a sell-off in equities worsened crude market sentiment, already soured by signs of plentiful American supplies.

Futures in New York slipped as much as 4.1 percent after closing below $50 a barrel on Monday for the first time since October 2017. The U.S government expects shale-oil production to surge, potentially swelling already-abundant inventories. Equities across Europe and Asia slid after a speech by Chinese President Xi Jinping offered no new reforms to stimulate the world™s second-biggest economy.

West Texas Intermediate for January delivery fell as much as $2.04 to $47.84 a barrel on the New York Mercantile Exchange, the lowest since September 2017, and was at $48.59 at 7:53 a.m. local time. The contract closed 2.6 percent lower on Monday. Total volume traded Tuesday was about 49 percent above the 100-day average.

Brent for February settlement lost $1.34, or 2.3 percent, to $58.27 a barrel on London™s ICE Futures Europe exchange, after dropping 1.1 percent on Monday. The global benchmark crude traded at a $9.28 premium to WTI for the same month.

Source: Bloomberg

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POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...

Tokyo Stocks Open Higher Following Wall St Climb

Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP

Hong Kong Stocks Sharply Up At Break

Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP

European Stocks Open Higher as Policy Stimulus Hopes Grow

European stocks opened higher on Monday as hopes emerge for stimulus from central banks and fiscal measures from major economies such as China and Germany. The pan-European Stoxx 600 jumped 0.8% at 372.97 at the opening bell, with basic resources surging 1.8% as all sectors and major bourses traded in positive territory. German finance minister Olaf Scholz said on Sunday that Germany has the fiscal strength to mitigate any future economic crisis with œfull force and suggested that...

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