Gold prices were nearly flat after a two-day rally, amid concerns about the Fed’s independence and the risk of US inflation. At 9:04 a.m. Singapore time, spot gold edged down 0.2% to $3,391.71/oz, while the Bloomberg Dollar Spot Index weakened 0.1%. In other metals, silver and palladium were flat, while platinum weakened slightly. Sentiment pressure…
Gold steadied just below $2,500 an ounce as investors took stock after a broad sell-off that rattled equity and commodity markets, with the weakness stoked by concerns about economic growth. Bullion was little changed after losing just 0.3% on Tuesday even as a gauge of the US dollar — a go-to asset at time of market…
Gold held steady just below its record, around $3,645/oz, after an unexpected decline in US producer prices (PPI) fueled hopes of Fed policy easing. The market now awaits the release of US CPI data Thursday evening (WIB) for confirmation of the next direction. Current market expectations price a 25 bps price cut at the Fed’s…
The Hang Seng Index opened 0.1% higher, climbing 17.66 to 17,587.23, as stocks gain for the third straight day in Hong Kong. HSBC Holdings Plc contributed the most to the index gain, increasing 0.8%. Li Ning Co. had the largest increase, rising 3.1%. In early trading, 42 of 82 shares rose, while 33 fell; 2…
May 21 2025, 14:06 The Nikkei 225 fell 214 points or 0.6% to close at 37,315 on Wednesday, following small gains in the previous session. Meanwhile, the broader Topix index slipped 0.3%, giving up early gains. These declines followed fresh trade data showing Japan’s exports grew at the slowest pace in seven months in April,…
China kembali mengalami deflasi pada bulan Oktober, yang menunjukkan bahwa permintaan dalam negeri masih lesu bahkan setelah adanya upaya stimulus baru-baru ini untuk menopang pertumbuhan. Harga konsumen turun 0,2% bulan lalu setelah mendekati nol dalam dua bulan sebelumnya, Biro Statistik Nasional mengatakan pada hari Kamis (9/1). Bandingkan dengan perkiraan penurunan sebesar 0,1% dalam survei Bloomberg….
