Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September. Traders digested news of a preliminary phase one U.S.-China trade deal that helped ease worries about the outlook for energy demand. The question of whether U.S. benchmark crude-oil futures can "break above multi-month resistance in the low $60s will depend on U.S.-China trade relations; a favorable deal with material tariff reductions will be supportive of a move higher in oil, while continued confusion on the status of the deal will keep energy markets capped," said Tyler...

Read more

RECENT NEWS

Gold prices on Thursday hovered near a one-week high hit in the previous session, as the dollar nursed its steepest losses in weeks after the U.S. Federal Reserve stood pat on interest rates and signaled moderate economic growth for next year. Spot gold was largely unchanged at $1,474.71 per ounce, by 02:17 GMT. In the previous session, the bullion hit $1,478.80, its highest since Dec. 5. U.S....

Oil prices steadied on Thursday with the market mood switching to relief as OPEC forecast a supply deficit next year, from doom and gloom over data showing a surprise increase in U.S. crude inventories. Brent futures rose 19 cents, or 0.3% to 63.61 a barrel by 01:00 GMT, after skidding 1% on Wednesday on the U.S. stocks build-up. West Texas Intermediate crude was down 9 cents at $58.85 a...

The dollar nursed its steepest losses in weeks on Thursday, after the U.S. Federal Reserve's benign inflation outlook hosed down expectations for a rate hike any time soon, pushing Treasury yields lower. Investors also remained on edge as Sunday's deadline for the next round of U.S. tariffs on Chinese goods looms, and ahead of a European Central Bank (ECB) meeting and the UK election later on...

Oil futures finished lower on Wednesday after U.S. government data showed an unexpected climb in domestic supplies of crude oil, as well as sizable gains in gasoline and distillate stockpiles. Prices showed little reaction to the Federal Reserves decision to hold its benchmark interest rate unchanged in a range of 1.5% and 1.75%. On Wednesday, West Texas Intermediate crude for January...

Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at a range of 1.5% to 1.75%, as expected. Following the Fed news, which came after gold futures settled, February gold was at $1,473.10 an ounce in electronic trading. It had ended the session up $6.90, or 0.5%, at $1,475 an ounce. Source: Marketwatch

Gold inched up on Wednesday as investors sought safety from the threat of new U.S. tariffs on Chinese goods coming into effect on Dec. 15, while also awaiting policy decisions from major central banks. Autocatalyst metal palladium held just shy of an all-time record high. Spot gold had gained 0.2% to $1,467.31 per ounce. U.S. gold futures rose 0.3% to $1,471.90. Source : CNBC

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 provide guidance on the health of the domestic economy, factor in the outlook for crude consumption and production. The American Petroleum Institute reported that U.S. crude supplies rose by 1.4...

Precious metals drifted as traders await Wednesdays Federal Reserve meeting. Palladium held near $1,900 an ounce after smashing fresh records Tuesday. Spot gold edged 0.2% higher to $1,467.24/oz by 10:15am in London.Spot silver, platinum and palladium also little changed. Bloomberg Dollar Spot Index up 0.1%. While the Fed is widely expected to keep rates unchanged...

PRECIOUS METALS
Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade
Saturday, 14 December 2019 02:21 WIB 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...
ENERGY
U.S. oil futures settle above $60 for first time since mid-September
Saturday, 14 December 2019 02:47 WIB Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September. Traders digested news of a...
CURRENCIES
Dollar Hits Lowest Since July as Havens Retreat, Pound Rallies
Friday, 13 December 2019 15:59 WIB 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...

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.