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POPULAR NEWS
Gold Dips On Day, But Up On Week Ahead of Brexit Vote

Gold posted a weekly gain but safe-haven investors and those traditionally long the yellow metal largely sat out of Friday™s market, letting prices dip, with few leads to chase, ahead of a weekend parliament vote on the U.K. bid to leave the EU. After early gains in the day on the prospects that Britain™s Brexit hopes and U.S.-China trade deal aspirations will be dashed again, gold dipped in later hours on signs that fewer central banks around the world might ramp up on another round of...

Hong Kong, Shanghai stocks end with losses (Review)

Shares in Hong Kong and Shanghai sank on Friday after data showed China's economy growing at its slowest pace for almost 30 years. The Hang Seng Index fell 0.48 percent, or 128.91 points, to 26,719.58. The benchmark Shanghai Composite Index fell 1.32 percent, or 39.19 points, to 2,938.14, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.17 percent, or 19.20 points, to 1,616.72. Source: AFP

Dow Industrials End 1% Lower as Boeing, J&J Shares Exact More Than 220-Point

U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion's share of the pain for the Dow industrials. The Dow closed off 255 points, or 0.9%, at 26,770. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index. The S&P 500 index closed 0.4% lower at 2,986, while the Nasdaq Composite Index ended 0.8% lower at 8,090. Boeing's stock...

Oil Retreats, Contributing to a Weekly Loss as China Data Revive Worries About Demand

Oil futures finished lower on Friday, giving up earlier gains to build a loss for the week, as data showing slower Chinese economic growth fed worries about weaker demand for oil and a recent report revealed a fifth consecutive weekly rise in U.S. crude inventories. However, support tied to progress toward deals on U.S.-China trade and Brexit, as well as a weekly fall in U.S. petroleum-product inventories limited losses for prices. China's National Bureau of Statistics released data Friday...

Oil Rises as Saudi Arabia Reports Drone Attacks on Pump Stations
Tuesday, 14 May 2019 18:42 WIB | COMMODITY |MinyakWTIBrent

Oil rose as Saudi Arabia reported drone attacks on pumping stations, the latest escalation in Middle East tensions after tankers were hit by sabotage over the weekend.

Futures rose 1.2% in New York, reversing Monday™s drop. Unidentified drones attacked two pumping stations belonging to Saudi Aramco, forcing the state oil company to suspend operations in the area to assess what the kingdom said was œlimited damage. That follows damage to oil tankers anchored off the United Arab Emirates on Sunday.

Oil volatility has jumped this month as crude is buffeted by the specter of a full-blown trade war on the demand side, while a combustible Middle East and production disruptions from Norway to Nigeria are throwing the supply outlook into doubt. U.S. drilling activity and a pending decision by the Organization of Petroleum Exporting Countries and its allies on whether output curbs will be extended are taking a back seat to the various crises.

West Texas Intermediate crude for June delivery advanced 72 cents to $61.76 a barrel on the New York Mercantile Exchange at 12:13 p.m. London time. The contract closed down 62 cents at $61.04 on Monday.

Brent for July settlement was up 1.5% at $71.31 a barrel on the London-based ICE Futures Europe exchange, after losing as much as 0.4% earlier. The global benchmark contract is trading at a $9.38 premium to WTI.

Source : Bloomberg

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Thursday, 10 October 2019 19:32 WIB

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POPULAR NEWS
Gold Dips On Day, But Up On Week Ahead of Brexit Vote

Gold posted a weekly gain but safe-haven investors and those traditionally long the yellow metal largely sat out of Friday™s market, letting prices dip, with few leads to chase, ahead of a weekend parliament vote on the U.K. bid to leave the EU. After early gains in the day on the prospects that Britain™s Brexit hopes and U.S.-China trade deal aspirations will be dashed again, gold dipped in later hours on signs that fewer central banks around the world might ramp up on another round of...

Hong Kong, Shanghai stocks end with losses (Review)

Shares in Hong Kong and Shanghai sank on Friday after data showed China's economy growing at its slowest pace for almost 30 years. The Hang Seng Index fell 0.48 percent, or 128.91 points, to 26,719.58. The benchmark Shanghai Composite Index fell 1.32 percent, or 39.19 points, to 2,938.14, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.17 percent, or 19.20 points, to 1,616.72. Source: AFP

Dow Industrials End 1% Lower as Boeing, J&J Shares Exact More Than 220-Point

U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion's share of the pain for the Dow industrials. The Dow closed off 255 points, or 0.9%, at 26,770. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index. The S&P 500 index closed 0.4% lower at 2,986, while the Nasdaq Composite Index ended 0.8% lower at 8,090. Boeing's stock...

Oil Retreats, Contributing to a Weekly Loss as China Data Revive Worries About Demand

Oil futures finished lower on Friday, giving up earlier gains to build a loss for the week, as data showing slower Chinese economic growth fed worries about weaker demand for oil and a recent report revealed a fifth consecutive weekly rise in U.S. crude inventories. However, support tied to progress toward deals on U.S.-China trade and Brexit, as well as a weekly fall in U.S. petroleum-product inventories limited losses for prices. China's National Bureau of Statistics released data Friday...

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