U.S. oil futures reversed course to finish higher Friday, getting a boost as traders eye developments tied to Hong Kong related tensions between the U.S. and China, and as another drop in U.S. oil rigs suggested further domestic production declines. U.S. prices ended the month with a gain of 88%, based on the front months, to mark the best monthly performance on record, according to Dow Jones Market Data. July West Texas Intermediate oil rose $1.78, or 5.3%, to settle at $35.49 a barrel on the New York Mercantile Exchange. Source: Marketwatch

Read more

RECENT NEWS

Gold rises first day in three as the dollar slips ahead of the Federal Reserves meeting this week. Palladium rallies. The gathering of Fed officials Tuesday and Wednesday will be closely watched for clues on whether the central bank is ready to start easing monetary policy amid cooling inflation, deteriorating growth and trade war uncertainty. A report Monday showed a gauge of...

Gold prices rose on Tuesday in Asia as traders await the highly-anticipated Federal Reserve meeting that is set to kick off later in the day. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2%, at $1,345.35 per ounce by 12:43 AM ET (04:43 GMT). Although the Fed is not expected to change interest rates on its policy decision on...

Australias dollar slipped to a five-month low after minutes from the central banks latest policy meeting showed it is likely to lower interest rates again. AUD/USD fell for a fifth day, losing as much as 0.3% to 0.6833 œMembers agreed that it was more likely than not that a further easing in monetary policy would be appropriate in the period ahead, according to minutes of...

Gold held a decline as investors await the Federal Reserves meeting this week for further signals on the central banks interest rate path. Spot gold little changed at $1,339.02/oz at 9:04am in Singapore, after -0.2% on Monday. Prices rose to $1,358.26 on Friday, highest level since April 2018. Bloomberg Dollar Spot Index steady. The gathering...

Oil prices steadied on Tuesday, caught between rising tensions in the Middle East and signs that economic growth is being hit by trade tensions between the United States and China. Brent crude futures were up 4 cents at $60.98 a barrel by 0055 GMT. They fell 1.7% in the previous session on concerns about slowing global growth. U.S. West Texas Intermediate (WTI) crude futures were 1 cent lower...

The British pound on Tuesday languished near this years low on rising worries Boris Johnson, the front-runner to replace UK Prime Minister Theresa May, could put Britain on a path towards a dreaded no-deal Brexit. The Australian dollar is also at its lowest levels since the flash crash of early January, hit by growing expectations of another rate cut by the countrys central bank and by...

Crude oil futures prices fell Monday, with investors digesting worrisome demand updates issued last week and keeping tabs on typically price-supportive risks percolating in the Middle East. On Monday, West Texas Intermediate crude for July delivery fell 58 cents, or 1.1%, to settle at $51.93 a barrel on the New York Mercantile Exchange, following two consecutive session gains. Meanwhile,...

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that's expected to offer hints on the central bank's plan on interest rates. International trade clashes and a concern over a weakening global economy, however, limited losses for the haven metal. The yellow metal for August delivery fell...

PRECIOUS METALS
Gold futures end higher, up more than 3% for the month
Saturday, 30 May 2020 01:21 WIB Gold futures ended higher on Friday as tensions between the U.S. and China over Hong Kong fed haven demand for the precious metal. Meanwhile,...
ENERGY
U.S. oil futures reverse course to finish higher, climb 88% for the month
Saturday, 30 May 2020 02:12 WIB U.S. oil futures reversed course to finish higher Friday, getting a boost as traders eye developments tied to Hong Kong related tensions between the...
CURRENCIES
Euro Tests Highs before Trump's Press Conference on China
Friday, 29 May 2020 18:30 WIB The euro extended its gains, testing two-month highs, on Friday as traders waited for U.S. President Donald Trump's response to China's tightening...

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.