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POPULAR NEWS
Dollar Hits Lowest Since July as Havens Retreat, Pound Rallies

The Bloomberg Dollar Spot Index drops a second week as riskier assets gain after U.S.-China agree on a phase-one trade deal and the U.K.™s Conservative Party wins a crushing majority in Thursday™s election. USD/JPY up 0.3% to 109.63 GBP/USD rallies by 2.7% to 1.3514, strongest since May 2018 before paring the advance; flows are nearly 10 times the average for the past month, as they now come two-way with a slight preference to fade dips, according to two traders in...

Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade

Gold prices climbed Friday, buoyed by weakness in the dollar and a fall in bond yields, as traders struggled to sort out news that China has agreed to the text of a phase one trade deal with United States. Against that backdrop, February gold rose $3.70, or 0.3%, at $1,476 an ounce, set to more than recover its loss from Thursday. March silver meanwhile, shed 1.9 cents, or 0.1%, to $16.93 an ounce, after four consecutive sessions of gains. Among other metals on Comex, March copper fell 0.5%...

Hong Kong Stocks Soar on Trade Deal Reports (Review)

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to...

Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal

The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at...

Tokyo's Nikkei Closes Up Over 2.5% on UK Election, Trade Talks

Tokyo's benchmark Nikkei stock index jumped more than 2.5 percent Friday, boosted by hopes for a US-China trade deal and a big election win for Britain's ruling Conservative Party, that paves the way for Brexit. The Nikkei 225 index rallied 2.55 percent, or 598.29 points, to close at 24,023.10, the highest since early October last year. The broader Topix index was up 1.59 percent, or 27.15 points, at 1,739.98. Source : AFP

Oil Ends With Big Weekly Gains; Doubts About Momentum in Coming Week
Saturday, 26 October 2019 03:37 WIB | COMMODITY |BrentWTIMinyak

After a midweek surge and a large weekly gain, oil™s advance seems to be slowing, raising questions on how well it™ll hold the upward momentum for the coming week.

West Texas Intermediate, the benchmark for New York-traded crude, and London™s Brent, the global gauge for oil, settled Friday™s trade up less than 1% each after drifting through most of the day with little meaningful change. Both benchmarks had put in a spirited performance earlier in the week on data showing strong U.S. oil consumption.

In the latest session, WTI settled up 43 cents, or 0.8%, at $56.66 a barrel, after reaching a 3-week high of $56.72.

Brent ended trading for the regular U.S. session up 35 cents, or 0.6%, at $62.02, reaching a three-week high of $62.09 before the close.

For the week, WTI ended up 5.4% gain while Brent posted an advance of 4.4%.

Source : Investing.com

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Wednesday, 11 December 2019 20:23 WIB

Oil futures slipped early after a U.S. inventory report late-Tuesday showed a bigger-than-expected weekly climb and as investors watched for an update in policy from the Federal Reserve, which could p...

Oil Steady Near 12-Week High Amid Stockpile Drop, Trade Anxiety...
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Oil was steady near a 12-week high in New York, supported by signs of falling American crude inventories yet capped by continuing salvos in the U.S.-China trade dispute. West Texas Intermediate futur...

Oil Prices Slip as Weak China Exports Highlight Trade War Impact...
Monday, 9 December 2019 18:36 WIB

Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage being done to global demand by the tra...

Oil Prices Fall Despite OPEC+ Supply Cut...
Friday, 6 December 2019 13:26 WIB

Oil prices fell on Friday in Asia even afterthe Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to increase output cuts by nearly 50% in early 2020. U.S. Crude Oil WTI ...

Oil Sputters After OPEC+ Fails to Nail Down New Output Target...
Friday, 6 December 2019 07:57 WIB

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POPULAR NEWS
Dollar Hits Lowest Since July as Havens Retreat, Pound Rallies

The Bloomberg Dollar Spot Index drops a second week as riskier assets gain after U.S.-China agree on a phase-one trade deal and the U.K.™s Conservative Party wins a crushing majority in Thursday™s election. USD/JPY up 0.3% to 109.63 GBP/USD rallies by 2.7% to 1.3514, strongest since May 2018 before paring the advance; flows are nearly 10 times the average for the past month, as they now come two-way with a slight preference to fade dips, according to two traders in...

Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade

Gold prices climbed Friday, buoyed by weakness in the dollar and a fall in bond yields, as traders struggled to sort out news that China has agreed to the text of a phase one trade deal with United States. Against that backdrop, February gold rose $3.70, or 0.3%, at $1,476 an ounce, set to more than recover its loss from Thursday. March silver meanwhile, shed 1.9 cents, or 0.1%, to $16.93 an ounce, after four consecutive sessions of gains. Among other metals on Comex, March copper fell 0.5%...

Hong Kong Stocks Soar on Trade Deal Reports (Review)

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to...

Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal

The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at...

Tokyo's Nikkei Closes Up Over 2.5% on UK Election, Trade Talks

Tokyo's benchmark Nikkei stock index jumped more than 2.5 percent Friday, boosted by hopes for a US-China trade deal and a big election win for Britain's ruling Conservative Party, that paves the way for Brexit. The Nikkei 225 index rallied 2.55 percent, or 598.29 points, to close at 24,023.10, the highest since early October last year. The broader Topix index was up 1.59 percent, or 27.15 points, at 1,739.98. Source : AFP

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