Jan 3 2025, 11:17 The Australian Dollar (AUD) extends its gains for the second successive session against the US Dollar (USD) on Friday. The AUD gained support following a Financial Times report stating that the People’s Bank of China (PBoC) expects an interest rate cut this year at an appropriate time. As close trade partners,…
Gold price (XAU/USD) shot to a multi-day peak around the $2,412-2,413 resistance zone on Tuesday and drew support from various factors. The Israeli attack on the Lebanon capital as retaliation for a rocket strike in the Golan Heights on Saturday raised the risk of a further escalation of geopolitical tensions in the Middle East. Furthermore,…
Oil prices rose for a second day as geopolitical risks from Venezuela to Russia outweighed long-standing concerns about a global supply surplus. This means that even though global supply is still considered excessive, the market is still pushing prices up due to fears of political supply disruptions. In recent trading, WTI rose to near $57/barrel…
Nov 29 2024, 10:02 Bursa saham Hong Kong turun 42 poin, atau 0,2%, menjadi 19.328 pada Jumat(29/11) pagi, turun untuk sesi kedua di tengah berlanjutnya kehati-hatian menjelang angka resmi PMI Tiongkok untuk bulan November yang akan dirilis akhir minggu ini. Hang Seng berada di jalur penurunan bulanan kedua berturut-turut, turun hampir 5% sejauh ini, terbebani…
Sep 18 2024, 06:36 Oil steadied after closing at the highest in more than two weeks as traders assessed rising tensions in the Middle East, a mixed US stockpiles report, and the likely course of Federal Reserve interest-rate policy. West Texas Intermediate traded above $71 a barrel after rising by nearly 4% in the prior two…
Oct 11 2024, 13:12 Gold prices climbed on Friday after recent data supported bets for a Federal Reserve interest rate cut next month, while market participants awaited the U.S. Producer Price Index report for further direction. Spot gold rose 0.5% to $2,641.70 per ounce by 0245 GMT but was down about 0.4% for the week….
