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POPULAR NEWS
Gold lower and risks weekly loss, on upbeat U.S. economic data

Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar. June gold on Comex was off $9.50, or 0.7%, at $1,276.70 an ounce. Prices were headed for the lowest most-active contract finish since May 2, according to FactSet data. Declines leave the metal headed for a roughly 0.8% loss for the week. Among other metals, July silver declined 14.4 cents, or 1%, to $14.395 an ounce. The silver market was looking at a...

Pound Suffers as Johnson Revives Hard Brexit Fears

The British pound was hovering just above a four-month low early Friday in Europe, as fears about Brexit returned to haunt the currency after a month of relative calm. At 03:00 AM ET (07:00 GMT), sterling was at $1.2786, and had fallen to 1.1432 against the euro, on concerns that the U.K. may yet leave the EU without any sort of arrangements in place to cushion the transition. The pound slipped after Theresa May told party colleagues she would set a timetable for her departure next month,...

Gold Steady as Stronger Dollar Counters Trade Concerns

Gold held recent declines as improved U.S. economic data boosted the dollar, leaving bullion little changed for the week despite ongoing trade concerns. Other precious metals extended weekly drops. After reaching a one-month high on Tuesday, gold has failed to hold those gains as the greenback climbed to the highest in three weeks. In the continuing trade spat, China signaled a lack of interest in resuming talks with the U.S. under the current threat to escalate tariffs, while the...

U.S. Stocks Fall as China Casts Doubt on Further Trade Talks

Stock-index futures point to a lower start for Wall Street Friday after Chinese state media indicated little appetite by Beijing to resume trade talks following Trump administration™s move to raise tariffs on Chinese imports and to target tech giant Huawei. The Dow Jones Industrial Average fell 160 points, or 0.6% to 25,712, while the S&P 500 index lost 17.52 points, or 0.6%, to 2,859. The Nasdaq Composite Index meanwhile, declined 58 points, or 0.7% to 7,841. On Thursday, the Dow rallied...

Hong Kong, Shanghai Shares End Tough Week on a Low (review)

Hong Kong stocks dived on Friday, topping off another torrid week, as investors fret about rising trade tensions between China and the United States. The Hang Seng Index fell 1.16 percent, or 328.61 points, to 27,946.46. The benchmark Shanghai Composite Index tumbled 2.48 percent, or 73.41 points, to 2,882.30, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 3.26 percent, or 51.59 points, to 1,533.22. Source : AFP

Oil prices climb as U.S. set to end Iran sanction waivers
Monday, 22 April 2019 14:12 WIB | ENERGY |Minyak WTIMinyak jenis BrentMinyak Mentah

Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must end their imports or be subject to sanctions.

Brent crude futures rose as much as 3.3 percent to $74.31 a barrel, the highest since Nov. 1, before easing back to $73.62 by 0647 GMT, which was still up 2.3 percent from their last close.

U.S. West Texas Intermediate (WTI) crude futures climbed by as much as 2.9 percent to $65.87 per barrel, the most since Oct. 31. They were at $65.41 at 06:47 GMT, up 2.2 percent from their previous settlement.

News that the United States is preparing to announce on Monday that current buyers of Iranian oil would no longer be given waivers to sanctions was first reported on Sunday by the Washington Post.

Source : Reuters

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POPULAR NEWS
Gold lower and risks weekly loss, on upbeat U.S. economic data

Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar. June gold on Comex was off $9.50, or 0.7%, at $1,276.70 an ounce. Prices were headed for the lowest most-active contract finish since May 2, according to FactSet data. Declines leave the metal headed for a roughly 0.8% loss for the week. Among other metals, July silver declined 14.4 cents, or 1%, to $14.395 an ounce. The silver market was looking at a...

Pound Suffers as Johnson Revives Hard Brexit Fears

The British pound was hovering just above a four-month low early Friday in Europe, as fears about Brexit returned to haunt the currency after a month of relative calm. At 03:00 AM ET (07:00 GMT), sterling was at $1.2786, and had fallen to 1.1432 against the euro, on concerns that the U.K. may yet leave the EU without any sort of arrangements in place to cushion the transition. The pound slipped after Theresa May told party colleagues she would set a timetable for her departure next month,...

Gold Steady as Stronger Dollar Counters Trade Concerns

Gold held recent declines as improved U.S. economic data boosted the dollar, leaving bullion little changed for the week despite ongoing trade concerns. Other precious metals extended weekly drops. After reaching a one-month high on Tuesday, gold has failed to hold those gains as the greenback climbed to the highest in three weeks. In the continuing trade spat, China signaled a lack of interest in resuming talks with the U.S. under the current threat to escalate tariffs, while the...

U.S. Stocks Fall as China Casts Doubt on Further Trade Talks

Stock-index futures point to a lower start for Wall Street Friday after Chinese state media indicated little appetite by Beijing to resume trade talks following Trump administration™s move to raise tariffs on Chinese imports and to target tech giant Huawei. The Dow Jones Industrial Average fell 160 points, or 0.6% to 25,712, while the S&P 500 index lost 17.52 points, or 0.6%, to 2,859. The Nasdaq Composite Index meanwhile, declined 58 points, or 0.7% to 7,841. On Thursday, the Dow rallied...

Hong Kong, Shanghai Shares End Tough Week on a Low (review)

Hong Kong stocks dived on Friday, topping off another torrid week, as investors fret about rising trade tensions between China and the United States. The Hang Seng Index fell 1.16 percent, or 328.61 points, to 27,946.46. The benchmark Shanghai Composite Index tumbled 2.48 percent, or 73.41 points, to 2,882.30, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 3.26 percent, or 51.59 points, to 1,533.22. Source : AFP

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