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POPULAR NEWS
Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Gold Prices Drop Ahead of Jackson Hole Symposium

Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, fell 0.2% to $1,504.85 by 1:11 AM ET (05:11 GMT). Markets currently expect the Fed to slash rates again at its next meeting in September, but uncertainties surrounding the direction of future...

Trump Cancels Plan to Cut Off Foreign Aid

President Donald Trump is considering cutting US $ 4 billion in foreign aid because he considers wasteful, unnecessary. But finally he finished compiling his plan was opposed by the American Congress. "The president has explained about waste and asking for our foreign assistance, and asks that we have to spend the aid money," said a senior White House official. But after making an important contribution the Republicans and Democrats announced support for the effort, Trump finally gave...

Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'

The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not. The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring ” many of them, Powell noted, linked...

Gold prices head lower, set to snap weekly streak of gains ahead of Powell speech

Gold futures on Friday headed modestly lower ahead of much-awaited speech from Federal Reserve Chairman Jerome Powell near Jackson Hole, Wyo., which could provide some insights about health of the U.S. economy and the path of monetary policy ” key drivers for commodities. Powell is set to speak Friday at 10 a.m. Eastern Time. Powell's speech comes after Kansas City Fed Esther George and the Philadelphia Fed President Patrick Harker, said on CNBC that they would like to hold interest rates...

Oil Prices End Lower as U.S. Crude Supplies Fall Less Than Expected And Product Stocks Climb
Thursday, 18 July 2019 02:21 WIB | ENERGY |Minyak WTIOil,Crude Oil

Oil futures ended with a loss on Wednesday, with U.S. prices at their lowest in about two weeks, as U.S. crude supplies posted a smaller-than-expected weekly decline and stockpiles of gasoline and distillates saw sizable gains.

August West Texas Intermediate oil lost 84 cents, or 1.5%, to settle at $56.78 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since July 2, according to FactSet data.

Source : Marketwatch

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Saturday, 24 August 2019 03:44 WIB

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between the world™s two lar...

Oil Prices Dips Ahead of Powell Speech...
Friday, 23 August 2019 19:18 WIB

Oil prices traded slightly lower on Friday as markets prepped for a speech from Federal Reserve Chairman Jerome Powell at the Jackson Hole Economic Symposium. New York-traded West Texas Intermediate ...

Oil Ends Lower as Demand Worries Pressure Prices...
Friday, 23 August 2019 02:17 WIB

Oil futures ended lower on Thursday, weighed down by expectations for surplus supplies, with the economy and energy demand moving back into focus on the first day of the Jackson Hole economic policy s...

Oil Prices Rise On Brief Respite From Economic Concerns, Hope For Supply Cuts...
Thursday, 22 August 2019 19:12 WIB

Oil prices rose on Thursday as an unexpected increase in business activity in the euro zone gave traders some respite from economic worries as they await further stimulus from central banks, while hop...

U.S. oil prices settle lower as crude supplies log first weekly slump in 3 weeks...
Thursday, 22 August 2019 02:51 WIB

U.S. oil futures settled lower Wednesday after the government reported a weekly decrease in domestic crude supplies, the first in three weeks, but smaller than the market expected. Concerns over ener...

POPULAR NEWS
Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Gold Prices Drop Ahead of Jackson Hole Symposium

Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, fell 0.2% to $1,504.85 by 1:11 AM ET (05:11 GMT). Markets currently expect the Fed to slash rates again at its next meeting in September, but uncertainties surrounding the direction of future...

Trump Cancels Plan to Cut Off Foreign Aid

President Donald Trump is considering cutting US $ 4 billion in foreign aid because he considers wasteful, unnecessary. But finally he finished compiling his plan was opposed by the American Congress. "The president has explained about waste and asking for our foreign assistance, and asks that we have to spend the aid money," said a senior White House official. But after making an important contribution the Republicans and Democrats announced support for the effort, Trump finally gave...

Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'

The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not. The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring ” many of them, Powell noted, linked...

Gold prices head lower, set to snap weekly streak of gains ahead of Powell speech

Gold futures on Friday headed modestly lower ahead of much-awaited speech from Federal Reserve Chairman Jerome Powell near Jackson Hole, Wyo., which could provide some insights about health of the U.S. economy and the path of monetary policy ” key drivers for commodities. Powell is set to speak Friday at 10 a.m. Eastern Time. Powell's speech comes after Kansas City Fed Esther George and the Philadelphia Fed President Patrick Harker, said on CNBC that they would like to hold interest rates...

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