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POPULAR NEWS
Gold Set for Weekly Gain as Goldman Sees Higher Prices

Gold heads for first gain in four weeks as dollar retreats amid signs that concerns over trade tensions are easing, while Goldman Sachs Group Inc. sees prices increasing in coming months. Bullion for immediate delivery +0.2% to $1,209.06/oz by 6:50am in London; +1.2% this week Bloomberg Dollar Spot Index flat; heads for 2nd weekly decline In other precious metals: Silver +0.5% to $14.3937/oz; +2.4% this week. Platinum +5.2% this week, set for best gain since...

U.S. Oil Futures Settle Lower as Trump Pressures OPEC to Lower Prices

Oil prices fell on Thursday after U.S. President Donald Trump, in a tweet, called on the Organization of the Petroleum Exporting Countries to lower crude prices. "The U.S. is keen to avoid the fallout from Iran sanctions," said Fiona Cincotta, senior market analyst at City Index. U.S. representatives have in separate negotiations asked the two of the largest producers, Saudi Arabia and Russia, "to keep production levels up in order to avoid a spike in prices," she said. October West Texas...

Dow, S&P 500 Close at Records as Blue Chips Support Broad-Based Rally

U.S. stocks closed higher Thursday, with both the Dow Jones Industrial Average and the S&P 500 setting records, as strong economic data helped to alleviate concerns over escalating U.S.-China trade tensions. Blue chips helped to fuel the rally, with all but two of the Dow™s 30 components finishing in positive territory. The Dow gained 251.22 points, or 1%, to 26,656, hitting a record for the first time since January. The S&P advanced 22.80 points, or 0.8%, to 2,930.75, notching its...

Hong Kong Stocks Squeeze Out Fresh Gains (Review)

Hong Kong stocks edged up Thursday on lingering hopes China and the United States will eventually reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.26 percent, or 70.30 points, to close at 27,477.67. But the benchmark Shanghai Composite Index slipped 0.06 percent, or 1.61 points, to 2,729.24, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.22 percent, or 3.20 points, to 1,420.02. Source : AFP

Tokyo stocks open higher, extending Wall St rallies

Tokyo stocks opened higher on Friday, extending rallies in New York as investors shrugged off trade war worries and focused on positive economic data. The benchmark Nikkei 225 index was up 0.62 percent, or 146.60 points, at 23,821.53 while the broader Topix index was up 0.58 percent, or 10.31 points, at 1,797.91. Sumber : AFP

Carney Says Chance of a No-Deal Brexit Is `Uncomfortably High'
Friday, 3 August 2018 14:48 WIB | FISCAL & MONETARY |Mark Carney,

Mark Carney threw himself back into the thick of the Brexit debate, saying the chance of the U.K. dropping out of the European Union without a deal is œuncomfortably high.

The intervention suggests the Bank of England governor is growing increasingly worried that Prime Minister Theresa May™s government is running out of time to hammer out an agreement that will prevent disruption to business, trade and consumers. In a BBC Radio interview on Friday, he said a disorderly Brexit is œhighly undesirable.

The pound weakened as Carney spoke and was down 0.2 percent at $1.2992 as of 8:30 a.m. London time.

In a sign of the pressure on May, she cut short a holiday to meet with French President Emmanuel Macron on Friday. It™s part of her diplomatic drive to win European leaders over with just 11 weeks until a divorce accord is meant to be signed.

Source : Bloomberg

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POPULAR NEWS
Gold Set for Weekly Gain as Goldman Sees Higher Prices

Gold heads for first gain in four weeks as dollar retreats amid signs that concerns over trade tensions are easing, while Goldman Sachs Group Inc. sees prices increasing in coming months. Bullion for immediate delivery +0.2% to $1,209.06/oz by 6:50am in London; +1.2% this week Bloomberg Dollar Spot Index flat; heads for 2nd weekly decline In other precious metals: Silver +0.5% to $14.3937/oz; +2.4% this week. Platinum +5.2% this week, set for best gain since...

U.S. Oil Futures Settle Lower as Trump Pressures OPEC to Lower Prices

Oil prices fell on Thursday after U.S. President Donald Trump, in a tweet, called on the Organization of the Petroleum Exporting Countries to lower crude prices. "The U.S. is keen to avoid the fallout from Iran sanctions," said Fiona Cincotta, senior market analyst at City Index. U.S. representatives have in separate negotiations asked the two of the largest producers, Saudi Arabia and Russia, "to keep production levels up in order to avoid a spike in prices," she said. October West Texas...

Dow, S&P 500 Close at Records as Blue Chips Support Broad-Based Rally

U.S. stocks closed higher Thursday, with both the Dow Jones Industrial Average and the S&P 500 setting records, as strong economic data helped to alleviate concerns over escalating U.S.-China trade tensions. Blue chips helped to fuel the rally, with all but two of the Dow™s 30 components finishing in positive territory. The Dow gained 251.22 points, or 1%, to 26,656, hitting a record for the first time since January. The S&P advanced 22.80 points, or 0.8%, to 2,930.75, notching its...

Hong Kong Stocks Squeeze Out Fresh Gains (Review)

Hong Kong stocks edged up Thursday on lingering hopes China and the United States will eventually reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.26 percent, or 70.30 points, to close at 27,477.67. But the benchmark Shanghai Composite Index slipped 0.06 percent, or 1.61 points, to 2,729.24, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.22 percent, or 3.20 points, to 1,420.02. Source : AFP

Tokyo stocks open higher, extending Wall St rallies

Tokyo stocks opened higher on Friday, extending rallies in New York as investors shrugged off trade war worries and focused on positive economic data. The benchmark Nikkei 225 index was up 0.62 percent, or 146.60 points, at 23,821.53 while the broader Topix index was up 0.58 percent, or 10.31 points, at 1,797.91. Sumber : AFP

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