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POPULAR NEWS
USD/JPY: Tokyo open welcomes risk-on amid quiet trading

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...

Gold Retreats From 14-Month High as Fed Cut in Doubt

Gold dropped after hitting a 14-month high on Friday as upbeat economic data at the end of last week suggested that there wasn™t an urgent need for the Federal Reserve to cut interest rates. Spot gold as much as -0.4% to $1,336.26/oz, and traded at $1,340.08 at 9:19am in Singapore. Prices rose to $1,358.26 on Friday, highest level since April 2018. Bloomberg Dollar Spot Index steady after +0.4% Friday. U.S. stores and factories reported a pickup in activity...

Tokyo Stocks Open Lower

Tokyo stocks opened fractionally lower on Monday, tracking falls on Wall Street, with investors' eyes on the US-China trade war and key central bank meetings this week. The benchmark Nikkei 225 index edged down 0.06 percent or 12.64 points to 21,104.25 in early trade, while the broader Topix index was down 0.24 percent or 3.75 points at 1,542.96. Source : AFP

Nikkei Tick Up in Sympathy With Hong Kong, Outlook Cloudy

Japanese share prices ticked up on Monday, erasing initial losses, after Hong Kong shares gained after Hong Kong™s leader indefinitely delayed an unpopular extradition bill that would allow citizens to be sent to mainland China for trial. Still, uncertainties over the global economy, U.S.-China trade frictions and the U.S. Federal Reserve™s policy stance kept many investors on sidelines. Japan™s Nikkei share average rose 0.11% to 21,140 but the broader Topix was down 0.24% at...

Oil Rises on Tensions After Middle East Tanker Attacks

Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week. Brent futures rose 27 cents, 0.4% to $62.28 a barrel by 0040 GMT. They rose 1.1% on Friday. U.S. West Texas Intermediate (WTI) crude futures were up 18 cents, or 0.4%, at $52.69 a barrel. They rose 0.4% in the previous session. Prices had jumped as much as 4.5% on...

Oil Falls on Surging U.S. Output, Set For Second Week of Declines
Friday, 3 May 2019 09:00 WIB | ENERGY |MinyakWTIBrentOil,

Oil prices slipped on Friday, extending a steep fall from the previous session on surging U.S. output and an expected supply increase from producer club OPEC and putting crude on track for a second week of declines.

Brent crude oil futures were at $70.56 per barrel at 01:27 GMT, down 19 cents, or 0.3 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were down 7 cents, at $61.74 per barrel.

Both crude futures lost almost 3 percent in value the previous session.

U.S. crude oil production reached a record 12.3 million barrels per day (bpd) last week, rising by around 2 million bpd over the past year. U.S. crude exports broke through 3 million bpd for the first time this year, according to data from the Energy Information Administration.

Source : Reuters

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POPULAR NEWS
USD/JPY: Tokyo open welcomes risk-on amid quiet trading

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...

Gold Retreats From 14-Month High as Fed Cut in Doubt

Gold dropped after hitting a 14-month high on Friday as upbeat economic data at the end of last week suggested that there wasn™t an urgent need for the Federal Reserve to cut interest rates. Spot gold as much as -0.4% to $1,336.26/oz, and traded at $1,340.08 at 9:19am in Singapore. Prices rose to $1,358.26 on Friday, highest level since April 2018. Bloomberg Dollar Spot Index steady after +0.4% Friday. U.S. stores and factories reported a pickup in activity...

Tokyo Stocks Open Lower

Tokyo stocks opened fractionally lower on Monday, tracking falls on Wall Street, with investors' eyes on the US-China trade war and key central bank meetings this week. The benchmark Nikkei 225 index edged down 0.06 percent or 12.64 points to 21,104.25 in early trade, while the broader Topix index was down 0.24 percent or 3.75 points at 1,542.96. Source : AFP

Nikkei Tick Up in Sympathy With Hong Kong, Outlook Cloudy

Japanese share prices ticked up on Monday, erasing initial losses, after Hong Kong shares gained after Hong Kong™s leader indefinitely delayed an unpopular extradition bill that would allow citizens to be sent to mainland China for trial. Still, uncertainties over the global economy, U.S.-China trade frictions and the U.S. Federal Reserve™s policy stance kept many investors on sidelines. Japan™s Nikkei share average rose 0.11% to 21,140 but the broader Topix was down 0.24% at...

Oil Rises on Tensions After Middle East Tanker Attacks

Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week. Brent futures rose 27 cents, 0.4% to $62.28 a barrel by 0040 GMT. They rose 1.1% on Friday. U.S. West Texas Intermediate (WTI) crude futures were up 18 cents, or 0.4%, at $52.69 a barrel. They rose 0.4% in the previous session. Prices had jumped as much as 4.5% on...

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