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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Gold Edges Up as Geopolitics Take Control of Trade

Investors managed to push gold higher Thursday instead of completely embracing risk, as doubts remained about whether the U.K. will get parliament ratification for its Brexit deal, but Turkey agreed to a ceasefire in Syria. U.S. gold futures for December delivery settled up $4.30, or 0.3%, at $1,498.30 per ounce. In post-settlement trade, gold futures were up just $1.45, or 0.1%, at $1,495.45, at 3:27 PM ET (19:27 GMT) after scaling $1,501.05 at the intraday high. Spot gold was up $1.83, or...

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a streak of six straight strong gains that helped to fuel economic growth in the middle of the year, as most stores posted lower receipts, signaling that a widely expected slowdown in consumer...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Wall Street Slips as Weak Economic Data Offsets Earnings Strength

Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports. Technology shares, led by Microsoft Inc, weighed heaviest, pulling all three major U.S. stock averages into the red. U.S. retail sales contracted in September for the first time in seven months, according to the Commerce Department, in a sign that cracks might be spreading from...

Oil currencies, dollar buoyed as Saudi attacks keep crude elevated
Tuesday, 17 September 2019 08:30 WIB | CURRENCIES |DOLLAR Indeks DolarDolar AS

Oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated.

Attacks on crude facilities in Saudi Arabia on the weekend boosted oil prices by nearly 15% on Monday, with international benchmark Brent logging its biggest jump in over 30 years. On Tuesday, prices pulled back slightly but remained at lofty levels.

Against the yen the dollar traded at 108.11 yen, just below last week™s high of 108.265, its highest level since Aug. 1.

A major resistance is seen at 108.43, the dollar's 50%retracement from its decline from April to August.

The euro stood at $1.10045, having shed 0.6% on Monday and the Swiss franc also weakened 0.3% to 0.9925 to the dollar.

The dollar index rose almost 0.5% on Monday and last stood at 98.624.

Source : Reuters

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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Gold Edges Up as Geopolitics Take Control of Trade

Investors managed to push gold higher Thursday instead of completely embracing risk, as doubts remained about whether the U.K. will get parliament ratification for its Brexit deal, but Turkey agreed to a ceasefire in Syria. U.S. gold futures for December delivery settled up $4.30, or 0.3%, at $1,498.30 per ounce. In post-settlement trade, gold futures were up just $1.45, or 0.1%, at $1,495.45, at 3:27 PM ET (19:27 GMT) after scaling $1,501.05 at the intraday high. Spot gold was up $1.83, or...

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a streak of six straight strong gains that helped to fuel economic growth in the middle of the year, as most stores posted lower receipts, signaling that a widely expected slowdown in consumer...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Wall Street Slips as Weak Economic Data Offsets Earnings Strength

Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports. Technology shares, led by Microsoft Inc, weighed heaviest, pulling all three major U.S. stock averages into the red. U.S. retail sales contracted in September for the first time in seven months, according to the Commerce Department, in a sign that cracks might be spreading from...

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