Thursday, 09 April 2020
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Thursday, 9 April 2020 20:35 WIB

Oil prices moved higher on Thursday, ahead of a pivotal meeting in which OPEC and its allies, known as OPEC+, will discuss historic production cuts as the coronavirus pandemic continues to sap demand for crude. U.S. West Texas Intermediate traded 5.3%, or $1.34, higher at $26.43 per barrel, while international benchmark Brent crude rose 3.5% to $33.98 per barrel. Some of the gains were pared after a Kremlin spokesman said Russian President Putin had no plans to discuss oil policy with President Donald Trump, according to a report from Reuters. Saudi Arabia also reportedly said any output...

RECENT NEWS
Gold slips 1% as small signs of progress against coronavirus boost stocks
Tuesday, 7 April 2020 18:23 WIB | EMAS

Gold prices fell 1% on Tuesday, retreating from a one-month high hit earlier in the session as risk sentiment improved on wider market optimism after there were tentative signs of progress against coronavirus outbreaks in some countries. Spot gold was down 0.5% at $1,653.25 per ounce by 1024 GMT after rising to a one-month high of $1,671.40. The metal had risen as much as 2.8% on Monday. Palladium was 2.3% higher at $2,203.36 per ounce after rising more than 3% in early trading. Platinum climbed 1.2% to $744.02. Silver jumped 1.1% to $15.15 an ounce, having touched a more than three-week...

Oil Rises as Hopes Build For Global Production Cut
Tuesday, 7 April 2020 18:01 WIB | Crude Oil Oil, brent oil Minyak WTI

Oil prices clawed their way into positive territory on Tuesday as hopes that the worlds biggest producers will agree to cut output outweighed analyst fears that a global recession in the wake of the coronavirus crisis could be deeper than expected. Brent crude was up 83 cents, or 2.5%, at $33.88 a barrel by 0936 GMT after falling more than 3% on Monday. West Texas Intermediate (WTI) crude was up 95 cents, or 3.6%, at $27.03, having dropped nearly 8% in the previous session. The worlds main oil producers, including Saudi Arabia and Russia, are expected to agree to cut output at a...

Dollar Weakens as Risk Sentiment Improves
Tuesday, 7 April 2020 16:15 WIB | Indeks Dolar Dolar AS GBP/USD EUR/USD USD/JPY,

The dollar has been on the back foot Tuesday, with risk sentiment boosted by further evidence that the virus has peaked in some countries in Europe, while the U.S. has also seen scattered evidence of improvement. At 3:10 AM ET (0710 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.235, down 0.5%, with the loonie, Aussie and kiwi all rising over 1%. USD/JPY fell 0.3% to 108.88, while EUR/USD rose 0.6% to 1.0859. GBP/USD gained 0.7% to 1.2316 even as Prime Minister Boris Johnson was moved into intensive care overnight due to his...

Dollar dips as virus worries persist despite some signs of hope
Tuesday, 7 April 2020 13:03 WIB | Yen Currency DOLLAR

The dollar fell against the yen on Tuesday as U.S. stock futures erased gains and traded lower in a sign some investors remain concerned about the economic shock posed by the coronavirus pandemic. The pound clawed back some recent losses against the dollar, but sentiment for sterling remains fragile after British Prime Minister Boris Johnson was moved to intensive care after his coronavirus symptoms worsened. The yen was supported against major currencies after Japanese Prime Minister Shinzo Abe unveiled fiscal stimulus worth almost $1 trillion to offset the economic impact of the...

Oil Prices Rally as Saudi-Russian Deal "Very, Very Close"
Tuesday, 7 April 2020 10:09 WIB | Minyak Brent Minyak Mentah Minyak WTI

Oil prices rallied in Asia on Tuesday from a dramatic 8%-fall in their last session. International Brent Oil Futures rose 2.43% to $34.11 by 9:52 PM ET (2:52 AM GMT) and U.S. Crude Oil WTI Futures jumped 4.1% to $27.15. Russian Direct Investment Fund's chief executive told CNBC overnight that his country and Saudi Arabia are œvery, very close to an agreement to cut production. But even as OPEC+ members are said to be preparing for a virtual meeting on Thursday, investors are focusing on whether the two producers can reach an agreement on production cuts amid plummeting...

Gold slips from 4-week high as dollar, equities firm on coronavirus slowdown
Tuesday, 7 April 2020 09:41 WIB | Spot Emas EMAS GOLD

Gold prices eased from a four-week high on Tuesday, as the U.S. dollar and global equities strengthened on signs of a slowdown in coronavirus-related death. Spot gold was down 0.2% at $1,657.67 per ounce, as of 01:10 GMT, after rising to a four-week high earlier in the session. The metal climbed 2.8% on Monday. U.S. gold futures rose 1.7% to $1,723. The dollar was holding close to a near two-week high scaled in the previous session. Source : Reuters

Pound stays on back foot as Johnson enters intensive care
Tuesday, 7 April 2020 08:10 WIB | Sterling, pound Euro Currency DOLLAR

The pound edged lower against the dollar and the euro on Tuesday after British Prime Minister Boris Johnson was moved to intensive care after his coronavirus symptoms worsened. The dollar held onto gains against the euro, the yen, and the Swiss franc as tentative signs that deaths due to the novel coronavirus in hot spots in the United States and Europe were starting to slow supported risk sentiment. The yen was steady against major currencies after Japanese Prime Minister Shinzo Abe unveiled fiscal stimulus worth almost $1 trillion and agreed to declare a state of emergency for Tokyo and...

U.S. Oil Prices Mark First Loss In 3 Sessions
Tuesday, 7 April 2020 02:10 WIB | Minyak WTI WTI Minyak

Oil futures settled with a loss on Monday, with U.S. prices down for the first time in three sessions. A key meeting of major oil producers that was originally expected Monday was pushed to Thursday, contributing to uncertainty in the market as traders await news potential crude production cuts. May West Texas Intermediate oil fell $2.26, or 8%, to settle at $26.08 a barrel on the New York Mercantile Exchange following two consecutive sessions of gains. Source : Market Watch

EUROPE Dolar Australia, The Shanghai Composite Index indeks DAX Indeks Hang Seng EkonomiAmerika Indeks manufaktur AS CPI Australia FTSE100 Paladium MH17, Indeks China Enterprises RBA Europe 600 Saham Tokyo Indek stoxx europe 600
PRECIOUS METALS
Gold climbs 1% on safe-haven demand, markets eye OPEC+ verdict
Thursday, 9 April 2020 19:01 WIB

Gold prices gained 1% on Thursday on safe-haven buying ahead of an extended weekend and a crucial meeting of top oil producers, with bullion also latching on to gains in wider markets amid hopes the...

ENERGY
Oil jumps ahead of 'make-or-break' OPEC meeting
Thursday, 9 April 2020 20:35 WIB

Oil prices moved higher on Thursday, ahead of a pivotal meeting in which OPEC and its allies, known as OPEC+, will discuss historic production cuts as the coronavirus pandemic continues to sap...

CURRENCIES
Dollar Unmoved as Event Risk Limits Activity
Thursday, 9 April 2020 15:57 WIB

The U.S. dollar was largely unchanged Thursday, with activity in the foreign exchange market subdued as investors hold fire amid abundant near term event risk. At 3:05 AM ET (0705 GMT), the U.S....