DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold Futures Settle at a More Than 7-Year High

Gold futures climbed on Monday to settle at their highest in more than seven years. "Fiscal and monetary stimulus will provide a nice backdrop for gold, but safe-haven demand will be high due to upcoming financial stress that will persist over the coming months as the U.S. economy enters a very dangerous place," said Edward Moya, senior market analyst at Oanda, in a market update. June gold rose $48.20, or 2.9%, to settle at $1,693.90 an ounce. That was the highest finish for a most-active...

Gold Futures Finish Lower after Brief Climb Above $1,700

Gold futures finished lower on Tuesday, easing back after briefly climbing above $1,700 an ounce for the first time since late 2012. There was a "follow through short-squeeze" in gold prices early Tuesday following Monday's sharp gain, but that morning squeeze gave way to retracement "as gold became overbought on a near-term basis," said Tyler Richey, co-editor at Sevens Report Research. June gold fell by $10.20, or 0.6%, to settle at $1,683.70 an ounce after trading as high as $1,742.60. It...

Gold slips 1% as small signs of progress against coronavirus boost stocks

Gold prices fell 1% on Tuesday, retreating from a one-month high hit earlier in the session as risk sentiment improved on wider market optimism after there were tentative signs of progress against coronavirus outbreaks in some countries. Spot gold was down 0.5% at $1,653.25 per ounce by 1024 GMT after rising to a one-month high of $1,671.40. The metal had risen as much as 2.8% on Monday. Palladium was 2.3% higher at $2,203.36 per ounce after rising more than 3% in early trading. Platinum...

Gold slips from 4-week high as dollar, equities firm on coronavirus slowdown

Gold prices eased from a four-week high on Tuesday, as the U.S. dollar and global equities strengthened on signs of a slowdown in coronavirus-related death. Spot gold was down 0.2% at $1,657.67 per ounce, as of 01:10 GMT, after rising to a four-week high earlier in the session. The metal climbed 2.8% on Monday. U.S. gold futures rose 1.7% to $1,723. The dollar was holding close to a near two-week high scaled in the previous session. Source : Reuters

Gold scales more than 3-week peak as coronavirus hits global economies

Gold jumped 1.5% to a more than three-week high on Monday as worries over a global economic slowdown caused by the coronavirus pandemic drove investors to the safe-haven metal. Spot gold was up 1.5% at $1,640.40 per ounce, after hitting its highest since March 12 earlier in the session. U.S. gold futures were up 1.7% at $1,673.30. Among other precious metals, autocatalyst palladium was down 1.7% at $2,150.87 per ounce after slipping more than 3% in early trade. Platinum gained 1% to $727.50...

Fed Leaves Main Rate Unchanged, Saying Policy Is Appropriate
Thursday, 30 January 2020 02:19 WIB | FISCAL & MONETARY |The FedFederal Reserve

The Federal Reserve kept its benchmark interest rate steady and continued to signal policy would stay on hold for the time being as the U.S. enters a presidential election year.

The target range of the federal funds rate of 1.5% to 1.75% is œappropriate to support sustained expansion of economic activity, the Federal Open Market Committee said Wednesday, repeating language from the December statement.

Immediately after the decision, U.S. stocks extended gains while yields on the 10-year Treasury were little changed, as was the dollar. Traders trimmed bets on easing by the Fed this year.

Policy makers also changed their language to say that the current stance of monetary policy is appropriate to support œinflation returning to the committee™s symmetric 2% objective. Previously they had said policy was supporting inflation œnear the goal.

Their preferred personal consumption expenditures price index rose 1.5% for the 12 months ending in November.

Officials also approved a 5 basis-point increase on the rate they pay on excess reserves to 1.6% -- a technical adjustment designed to keep the main funds rate within its designated range. The Fed also raised its overnight reverse repurchase rate by the same amount to 1.5%. It also extended term and overnight repos at least through April. The central bank had earlier signaledsuch measures were possible.

In addition, the FOMC downgraded its assessment of household spending to say it has been rising at a œmoderate pace, instead of its earlier characterization of the rate as being œstrong. The committee repeated that economic activity has been rising at a œmoderate rate, with œstrong labor market conditions.

Source : Bloomberg

RELATED NEWS
RBA keeps Official Cash Rate steady at 0.25%, AUD/USD little changed...
Tuesday, 7 April 2020 11:49 WIB

At its scheduled April monetary policy meeting held Tuesday, the Reserve Bank of Australia (RBA) maintains its official cash rate (OCR) at a record low of 0.25%, as widely expected. The RBA, at its e...

Bank of England Keeps Rates at Nearly Zero and Says Could Expand Asset Purchases if Necessary...
Thursday, 26 March 2020 19:22 WIB

The Bank of England voted unanimously to keep interest rates at 0.1% and maintain its £200 billion program of buying UK government bond and sterling non-financial investment-grade corporate bond purc...

The Fed 'is working hard to support you now,' Powell says in rare morning-television interview...
Thursday, 26 March 2020 18:47 WIB

Federal Reserve Chairman Jerome Powell in a rare morning-television appearance Thursday, told Americans the central bank "is working hard to support you now." The $2 trillion stimulus package passed ...

The Federal Reserve Just Pledged Asset Purchases With No Limit To Support Markets...
Monday, 23 March 2020 20:53 WIB

The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently in the wake of the coronavirus crisis. Among the initiatives is a commitment to...

Fed and Other Top Central Banks Take Steps to Enhance Dollar-Swap Lines...
Friday, 20 March 2020 21:28 WIB

The Federal Reserve on Friday announced it was taking steps with five major central banks to enhance the dollar swap lines designed to make dollars available to foreign institutions. In a statement, ...

POPULAR NEWS
Gold Futures Settle at a More Than 7-Year High

Gold futures climbed on Monday to settle at their highest in more than seven years. "Fiscal and monetary stimulus will provide a nice backdrop for gold, but safe-haven demand will be high due to upcoming financial stress that will persist over the coming months as the U.S. economy enters a very dangerous place," said Edward Moya, senior market analyst at Oanda, in a market update. June gold rose $48.20, or 2.9%, to settle at $1,693.90 an ounce. That was the highest finish for a most-active...

Gold Futures Finish Lower after Brief Climb Above $1,700

Gold futures finished lower on Tuesday, easing back after briefly climbing above $1,700 an ounce for the first time since late 2012. There was a "follow through short-squeeze" in gold prices early Tuesday following Monday's sharp gain, but that morning squeeze gave way to retracement "as gold became overbought on a near-term basis," said Tyler Richey, co-editor at Sevens Report Research. June gold fell by $10.20, or 0.6%, to settle at $1,683.70 an ounce after trading as high as $1,742.60. It...

Gold slips 1% as small signs of progress against coronavirus boost stocks

Gold prices fell 1% on Tuesday, retreating from a one-month high hit earlier in the session as risk sentiment improved on wider market optimism after there were tentative signs of progress against coronavirus outbreaks in some countries. Spot gold was down 0.5% at $1,653.25 per ounce by 1024 GMT after rising to a one-month high of $1,671.40. The metal had risen as much as 2.8% on Monday. Palladium was 2.3% higher at $2,203.36 per ounce after rising more than 3% in early trading. Platinum...

Gold slips from 4-week high as dollar, equities firm on coronavirus slowdown

Gold prices eased from a four-week high on Tuesday, as the U.S. dollar and global equities strengthened on signs of a slowdown in coronavirus-related death. Spot gold was down 0.2% at $1,657.67 per ounce, as of 01:10 GMT, after rising to a four-week high earlier in the session. The metal climbed 2.8% on Monday. U.S. gold futures rose 1.7% to $1,723. The dollar was holding close to a near two-week high scaled in the previous session. Source : Reuters

Gold scales more than 3-week peak as coronavirus hits global economies

Gold jumped 1.5% to a more than three-week high on Monday as worries over a global economic slowdown caused by the coronavirus pandemic drove investors to the safe-haven metal. Spot gold was up 1.5% at $1,640.40 per ounce, after hitting its highest since March 12 earlier in the session. U.S. gold futures were up 1.7% at $1,673.30. Among other precious metals, autocatalyst palladium was down 1.7% at $2,150.87 per ounce after slipping more than 3% in early trade. Platinum gained 1% to $727.50...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.