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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...

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

Asian Shares Wobble on Trade, Political Tensions; Focus Turns to Fed Meet

Asian shares got off to a shaky start on Monday as investors were cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk-appetite in check. MSCI™s broadest index of Asia-Pacific shares outside Japan opened slightly lower and was last little changed, while Japan™s Nikkei average stood flat. Wall Street stocks ended lower on Friday as investors turned cautious before this week™s Fed meeting, while a warning from...

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...

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...

Oil Slips as Make-or-Break U.S.-China Trade Talks Get Underway
Friday, 10 May 2019 07:24 WIB | COMMODITY |MinyakWTIBrent

Oil edged lower as the latest round of U.S. and China trade talks got underway just hours before the Trump administration is set to slap tougher tariffs on Chinese goods, a move that™ll deepen a conflict overhanging the global economy.

Futures in New York were slightly softer, adding to a 0.7% decline Friday. Chinese Vice Premier Liu He arrived in Washington Thursday for two days of talks. U.S. President Donald Trump said a deal was still possible, but reiterated plans to raise tariffs on some $200 billion of Chinese goods from Friday.

West Texas Intermediate crude for June delivery was 2 cents lower at $61.68 a barrel on the New York Mercantile Exchange as at 8:34 a.m. Sydney time.

June WTI slid 42 cents to settle at $61.70 a barrel Thursday.

Brent for July settlement gained 2 cents to $70.39 a barrel on the London-based ICE Futures Europe exchange.

Source : Bloomberg

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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...

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

Asian Shares Wobble on Trade, Political Tensions; Focus Turns to Fed Meet

Asian shares got off to a shaky start on Monday as investors were cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk-appetite in check. MSCI™s broadest index of Asia-Pacific shares outside Japan opened slightly lower and was last little changed, while Japan™s Nikkei average stood flat. Wall Street stocks ended lower on Friday as investors turned cautious before this week™s Fed meeting, while a warning from...

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...

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...

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