Oil prices dropped during overnight trading on Sunday after OPEC+ announced it was delaying its meeting initially scheduled for Monday, stoking fears on the Street that a production cut might face hurdles. U.S. West Texas Intermediate crude fell 6.49% to trade at $26.50 per barrel, while international benchmark Brent crude slipped 4.19% to $32.68 per barrel. Earlier, U.S. crude futures had fallen about 9%. Oil surged last week ” WTI and Brent are both coming off their best week on record ” as Saudi Arabia called a meeting between between OPEC and its allies, known as OPEC+, signalling...

Read more

RECENT NEWS

Gold futures finished higher on Thursday, as record weekly U.S. jobless claims pressured the dollar. Nearly 3.3 million Americans filed for unemployment benefits last week, "reflecting how badly the coronavirus is impacting the largest economy in the world," said Lukman Otunuga, senior market analyst at FXTM. "Gold is expected to ride higher on dollar weakness and fears over a global...

Gold prices attempted to snap a two-day skid Thursday morning, as investors watch for economic reports that could help provide insights about the impact of the coronavirus outbreak in the world's largest economy, the U.S. Investors were keying on a report on jobless claims due at 8:30 a.m. Eastern Time, which may show their highest weekly rise on record, reflecting a swath of business closures...

Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a U.S. $2 trillion emergency stimulus will bolster economic activity. Brent crude futures fell $1.04, or 3.75%, to $26.35 a barrel by 08:34 GMT. West Texas Intermediate (WTI) crude futures fell 94 cents, or 3.8%, to $23.55...

Euro Benefits From Talk of Corona Bonds

Thursday, 26 March 2020 16:10 WIB

The euro has posted gains Thursday amid talk of a new debt instrument to combat the coronavirus outbreak as the death toll rises and the economic damage becomes more stark. At 4:10 ET (0810 GMT), EUR/USD traded at 1.0938, up 0.5%. Elsewhere, the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.580, down 0.4%.  USD/JPY fell 0.7% to...

Gold prices fell on Thursday as investors scurried for liquid cash while awaiting the passage of a $2 trillion dollar U.S. stimulus package to combat the economic impact of the coronavirus epidemic. Spot gold fell 0.6% to $1,604.16 per ounce by 0038 GMT. U.S. gold futures were up 0.3% at $1,639 an ounce. Republican and Democratic leaders of the U.S. Senate hoped to vote on Wednesday on the $2...

Oil prices dropped on Thursday morning in Asia as the COVID-19 pandemic hit demand. Oil prices could not hold onto gains from the last session even as the U.S. Senate reached agreement on a $2 trillion relief package. International Brent Oil Futures fell 0.77% to $27.17 by 10:01 PM ET (02:01 AM GMT) and U.S. Crude Oil WTI Futures fell 1.35% to $24.15. Oil demand is continuing to take a hit as...

Gold prices fell on Thursday as investors scurried for liquid cash while awaiting the passage of a $2 trillion dollar U.S. stimulus package to combat the economic impact of the coronavirus epidemic. Spot gold fell 0.6% to $1,604.16 per ounce by 0038 GMT. U.S. gold futures were up 0.3% at $1,639 an ounce. Republican and Democratic leaders of the U.S. Senate hoped to vote on Wednesday on the $2...

Oil prices were mixed on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity. West Texas Intermediate (WTI) crude futures slipped 4 cents, or 0.2%, to $24.45 as of 0018 GMT, while Brent crude (LCOc1) futures rose 12 cents, or 0.4%,...

PRECIOUS METALS
Gold Ends Higher after U.S. Jobs Report, but Posts a Loss for The Week
Saturday, 4 April 2020 01:25 WIB Gold futures ended higher on Friday after a report on U.S. employment in March indicated that the damage from coronavirus related business shutdowns...
ENERGY
Oil drops more than 6% following a record surge last week, as OPEC meeting on a production cut is delayed
Monday, 6 April 2020 09:18 WIB Oil prices dropped during overnight trading on Sunday after OPEC+ announced it was delaying its meeting initially scheduled for Monday, stoking...
CURRENCIES
Pound down after coronavirus-stricken Johnson taken to hospital for tests
Monday, 6 April 2020 08:29 WIB The pound fell against the dollar and euro on Monday after British Prime Minister Boris Johnson was admitted to hospital for tests after showing...

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.