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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Gold futures fall for the session, gain 0.4% for the week

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong both technically and, more importantly, from a fundamental point of view," said Mark O'Byrne, research director at GoldCore. "From a technical point of view, gold looks very bullish with a series of...

Gold Edges Lower as Trade Deal Hopes Dent Haven Appeal

Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal. Gold for December delivery on Comex was off $5.30, or 0.4%, at $1,468.10 an ounce, while December silver declined 14.3 cents, or 0.8%, to $16.885 an ounce. Analysts tied weakness to remarks by White House economic adviser Larry Kudlow late Thursday, which stoked optimism for a deal without providing much in...

North Korea Says US Offered to Resume Nuke Talks in December

North Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks. In a statement released by state media, North Korean negotiator Kim Myong Gil didn't clearly say whether the North would accept the supposed U.S. offer. He said North Korea has no interest in talks if they are aimed at...

Oil prices extend losses despite surprise drop in U.S. inventories
Thursday, 18 April 2019 08:43 WIB | ENERGY |BrentMinyak WTI

Oil prices edged down on Thursday despite a surprise decline in U.S. inventories, with international benchmark Brent retreating from a five-month high touched in the previous session.

Brent crude futures were at $71.51 a barrel at 0056 GMT, down 11 cents, or 0.2 percent, from their last close. Brent fell 0.1 percent on Wednesday, after earlier touching its highest since Nov. 8 at $72.27 a barrel.

U.S. West Texas Intermediate (WTI) crude futures were at $63.67 per barrel, down 9 cents, or 0.1 percent, from their previous settlement. WTI closed the last session down 0.5 percent.

"Prices are soft despite a surprise drawdown in U.S. inventories," ANZ Bank said in a research note.

U.S. crude inventories fell by 1.4 million barrels in the week to April 12, compared with analyst expectations for an increase of 1.7 million barrels.

Net U.S. crude imports last week dropped by 659,000 barrels per day (bpd).

Source: Reuters

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Thursday, 14 November 2019 13:46 WIB

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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Gold futures fall for the session, gain 0.4% for the week

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong both technically and, more importantly, from a fundamental point of view," said Mark O'Byrne, research director at GoldCore. "From a technical point of view, gold looks very bullish with a series of...

Gold Edges Lower as Trade Deal Hopes Dent Haven Appeal

Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal. Gold for December delivery on Comex was off $5.30, or 0.4%, at $1,468.10 an ounce, while December silver declined 14.3 cents, or 0.8%, to $16.885 an ounce. Analysts tied weakness to remarks by White House economic adviser Larry Kudlow late Thursday, which stoked optimism for a deal without providing much in...

North Korea Says US Offered to Resume Nuke Talks in December

North Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks. In a statement released by state media, North Korean negotiator Kim Myong Gil didn't clearly say whether the North would accept the supposed U.S. offer. He said North Korea has no interest in talks if they are aimed at...

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