Jan 2 2025, 13:14 Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China’s economy and fuel demand following a pledge by President Xi Jinping to promote growth. Brent crude futures rose 17 cents, or 0.06%, to $74.82 a barrel by…
Gold (XAU/USD) continued its decline for a second day and held near the 100-day moving average (MA) support area, which was tested earlier this week. The technical bias remains negative, indicating that there is still room for short-term weakness. The main pressure comes from the strengthening US dollar, as the chances of aggressive easing from…
Pasar saham Asia dibuka tanpa arah yang jelas pada Rabu (6/8), setelah data sektor jasa AS yang melemah memicu ketidakpastian tentang arah kebijakan suku bunga Federal Reserve. Indeks Nikkei 225 bergerak datar, saham Korea Selatan melemah, sementara bursa Australia mencatat kenaikan. Indeks MSCI Asia Pasifik naik tipis 0,2%, sementara dolar AS sedikit melemah dan imbal…
Feb 18 2025, 15:06 The USD/CHF pair extends its recovery to around 0.9030 during the early European session on Tuesday, bolstered by a firmer US Dollar (USD). Investors brace for the release of the NY Empire State Manufacturing Index for February, which will be published later on Tuesday. Also, the Federal Reserve’s (Fed) Mary Daly…
Japanese stocks rise as the yen held losses against the dollar from overnight, with investors on the lookout for comments from Bank of Japan Governor Kazuo Ueda and Federal Reserve Chair Jerome Powell. Topix Index rose 0.2% to 2,677.83 as of 9:25 a.m. Tokyo time Nikkei advanced 0.3% to 38,323.24 Recruit Holdings contributed the most to the…
Gold extended its rout to the lowest level in almost seven months amid hawkish signals on rates from the Federal Reserve and after a tumble in Treasuries intensified, pushing up yields. The plunge in bullion is relentless with the metal heading for a seventh straight day of declines, the longest losing streak since 2018. Benchmark US…
