Thursday, 09 July 2020
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Thursday, 9 July 2020 13:16 WIB

The dollar was down on Thursday morning in Asia, with investors retreating from the safe-haven asset over increased hopes of an economic recovery. Corporate earnings from U.S. companies such as Apple and Amazon are due next week, increasing investor risk appetite. But the increase was capped by ever-increasing COVID-19 numbers. Over 12 million cases globally as of July 9, according to Johns Hopkins University data, with some countries re-imposing lockdown measures. The U.S. Dollar Index that tracks the greenback against a basket of other currencies slipped 0.16% to 96.213 by 12:21 AM ET...

RECENT NEWS
Gold Holds Near 2011 High on Virus Concerns, Dollar
Thursday, 9 July 2020 08:52 WIB | GOLD EMAS

Gold held near the highest level in almost nine years as concerns over the coronavirus pandemic drives demand for haven assets, while the dollar slipped. The number of confirmed infections in the U.S. surpassed 3 million, representing a quarter of global cases. California and Texas, the two most populous states, reported some of their largest daily rises in cases and deaths. Spot gold little changed at $1,809.01/oz at 8:09am in Singapore. On Wednesday, prices touched $1,818.02, the highest since September 2011. After rising for five days to Wednesday, golds relative...

Oil Anchored Near $41 With Gains Capped by Rising Stockpiles
Thursday, 9 July 2020 08:27 WIB | Minyak WTI brent oil Oil, Crude Oil

Oil was anchored near $41 a barrel in New York with swelling U.S. crude stockpiles raising fresh concerns about supply, while coronavirus cases continued to surge across the world. Stockpiles at the key storage hub of Cushing expanded for the first time since early May as nationwide inventories unexpectedly rose last week, according to government data. Meanwhile, California and Texas recorded some of their biggest daily gains in cases and deaths, Australias second-largest city went into lockdown and Iran reported its deadliest day yet. Oil has traded within a...

Oil rises on improving U.S. gasoline demand
Thursday, 9 July 2020 02:45 WIB | Minyak WTI Minyak jenis Brent

Oil prices edged up on Wednesday on signs of a recovery in gasoline consumption in the United States, but rising U.S. crude inventories and an increase in coronavirus infections limited gains. Brent crude futures rose 25 cents to $43.37 a barrel. West Texas Intermediate crude futures settled 28 cents, or 0.69%, higher at $40.90 per barrel. Both benchmarks were on track for a fourth session of daily percentage changes of less 1% in either direction, shrugging off news that OPEC member Libya was adding to global supplies by reopening its Es Sider oil terminal for exports. Source: Reuters

Gold futures up a fourth straight session to mark another finish at the highest since 2011
Thursday, 9 July 2020 01:11 WIB | GOLD EMAS

Gold futures climbed for a fourth straight session on Wednesday to mark another finish at their highest since September 2011. The move for gold above $1,800 is not surprising given "so many positive price drivers in its favor, with the key player being negative real rates," said Peter Spina, president and chief executive officer at GoldSeek.com. He does not expect to see a meaningful pullback in gold until it breaks past $2,000. On Wednesday, August gold rose $10.70, or 0.6%, to settle at $1,820.60 an ounce. That was the highest settlement since Sept. 14, 2011, based on the most-active...

Dollar slides as US stocks rally, but sentiment cautious
Wednesday, 8 July 2020 23:18 WIB | DOLLAR Currency

The dollar fell on Wednesday, tempering its safe-haven appeal for now, as U.S. stocks rallied, although sentiment remained cautious amid a resurgence of new coronavirus cases globally, particularly in the United States. Demand for the U.S. currency proved remarkably stable as oil prices steadied while European bourses traded in negative territory. Against a basket of its rivals, the dollar index dropped 0.5% to 96.527. The euro rose 0.6% versus the dollar to $1.1337 marginally, while a recent fall in selling positions against the greenback provided room for possible further...

Gold Prices Extend Climb to 9-Year High as Traders See Few Limits to Central-Bank Stimulus
Wednesday, 8 July 2020 21:36 WIB | GOLD EMAS

Gold futures climbed on Wednesday, building on their highest settlement since September 2011 a day earlier and supported by the prospect of a lengthy period of government and central bank stimulus to support economies harmed by the COVID-19 pandemic. On Tuesday, the Federal Reserve's No. 2, Richard Clarida, did little to disabuse investors of the view that the Fed would do whatever it takes to limit the damage from the viral outbreak. Precious metals have benefited from loose monetary policy as billion is viewed as a hedge against uncertainty and a protection against a wave of money...

Dollar Drifts as Risk Sentiment Proves Elusive
Wednesday, 8 July 2020 19:31 WIB | DOLLAR Dolar AS GBP/USD EUR/USD

The dollar edged lower against its rivals on Wednesday as investors weighed hopes for a swift economic recovery against fears about a resurgence in the pandemic, particularly in the United States. Demand for the U.S. currency proved remarkably stable as oil prices steadied while European bourses traded in negative territory. Against a basket of its rivals, the dollar index slipped 0.14% at 96.84 . The euro rose marginally against the greenback at $1.1289 while a recent fall in selling positions against the greenback provided room for possible further drops. Sterling shrugged earlier...

Oil Dips As U.S. Inventory Build Stokes Supply Fears
Wednesday, 8 July 2020 19:20 WIB | Minyak WTI Brent

Oil prices eased in early trade on Wednesday as industry data showing a build in U.S. crude stockpiles and a forecast for U.S. crude output to fall less than anticipated in 2020 added to worries about oversupply. Brent crude futures fell 13 cents, or 0.3%, to $42.95 a barrel by 0019 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 10 cents, or 0.3%, to $40.52 a barrel. Prices were little changed in the previous session and have been held in a narrow band over the past two weeks as concerns about a spike in coronavirus cases globally tempers optimism about a recovery in fuel...

Indeks FTSE 100 Ekonomi AS Saham China EkonomiAmerika SahamAS JPY, Amazon, brent oil Tokyo CPI Data Pekerjaan microsoft Jepang indeks Topix Iran, Topix Jepang
PRECIOUS METALS
Gold Holds Near 2011 High on Virus Concerns, Dollar
Thursday, 9 July 2020 08:52 WIB

Gold held near the highest level in almost nine years as concerns over the coronavirus pandemic drives demand for haven assets, while the dollar slipped. The number of confirmed infections in...

ENERGY
Oil Anchored Near $41 With Gains Capped by Rising Stockpiles
Thursday, 9 July 2020 08:27 WIB

Oil was anchored near $41 a barrel in New York with swelling U.S. crude stockpiles raising fresh concerns about supply, while coronavirus cases continued to surge across the world. Stockpiles...

CURRENCIES
Dollar Retreats Over Increased Hopes of Economic Recovery
Thursday, 9 July 2020 13:16 WIB

The dollar was down on Thursday morning in Asia, with investors retreating from the safe-haven asset over increased hopes of an economic recovery. Corporate earnings from U.S. companies such as...