Gold prices edged up after four days of declines, but sentiment remained fragile as Fed Chairman Jerome Powell downplayed the likelihood of a December interest rate cut. At 7:02 a.m. Western Indonesian Time (WIB), spot gold was trading around $3,946/ounce, after falling 0.6% overnight. Powell’s cautious tone also pushed the 10-year US Treasury yield above…
Silver prices experienced a significant decline on Tuesday, with spot prices falling around 7% to $48.49 per ounce, hitting their lowest level in months. This was the largest single-day decline since February 2021, following a sharp decline in gold, reflecting profit-taking after a long rally that took silver prices to recent record highs. Several factors…
Oil prices held weak after a sharp decline, amid cautious optimism that Middle East tensions are easing and global supply is likely to loosen. Brent traded near $65/barrel after falling 1.6% on Thursday, while WTI hovered below $62. Israel agreed to a framework deal that includes the release of hostages by Hamas in exchange for…
The Hang Seng climbed 250 points or 1.4% to end at a 1-month top of 17,641 on Thursday, advancing for the second day as most sectors gained. The tech index soared 1.5%, amid a 9.3% surge in Xiaomi Corp. after the company logged strong revenue in Q2. Financials and consumers also gained robustly, as hopes…
Apr 28 2025, 10:45 The Japanese Yen (JPY) oscillates in a narrow range during the Asian session on Monday and stalls the recent pullback from a multi-month high touched against its American counterpart last week. US Treasury Secretary Scott Bessent did not back President Donald Trump’s assertion that tariff talks with China were underway. This…
Bank sentral Australia (RBA) mempertahankan suku bunga utamanya tidak berubah pada hari Selasa (4/7) karena dewan menilai dampak ekonomi dari siklus pengetatan selama lebih dari setahun, sambil juga membuka peluang untuk kenaikan di waktu kedepan. Bank sentral mempertahankan suku bunga sebesar 4,1%, jeda kedua tahun ini, dalam keputusan yang diprediksi oleh 19 dari 32 ekonom…
