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Friday, 3 July 2020 22:04 WIB

The dollar edged up on Friday but was set for its biggest weekly fall since the start of June, as a sentiment boost from better-than-expected jobs data in the United States was tempered by surging coronavirus cases. The U.S. Labor Department said on Thursday that payrolls surged in June but the reaction in currencies was limited. Even after two months of job recovery from May, the U.S. economy has regained just over a third of an historic plunge of 20.787 million jobs lost in April. Against a basket of currencies, the dollar rose less than 0.1%, to 97.249 at 13:53 GMT. Friday saw its...

RECENT NEWS
Oil Rises Toward $40 on Signs U.S. Stockpiles Are Shrinking
Wednesday, 1 July 2020 07:45 WIB | Minyak WTI Brent

Oil rose after its best quarter in almost three decades following a report pointing to the first drop in U.S. crude stockpiles since May. Futures in New York climbed toward $40 a barrel after closing down 1.1% on Tuesday. The industry-funded American Petroleum Institute said that inventories shrunk by 8.16 million barrels last week, according to people familiar with the data. That would be the largest draw this year if confirmed by Energy Information Administration figures due later on Wednesday. While the stockpiles data spurred some optimism that oil consumption was improving,...

Oil futures end down for the session, but post a more than 90% gain for the quarter
Wednesday, 1 July 2020 02:49 WIB | GOLD EMAS

Oil futures settled with a loss on Tuesday, down nearly 36% in the first half of the year, according to FactSet data, as the spread of COVID-19 continued to feed expectations for weaker energy demand. U.S. benchmark prices, however, ended the second quarter up by almost 92%, rebounding from a record dip to a negative settlement in April as a group of major oil producers moved to reduce oil production and amid signs of some recovery in demand for oil. August West Texas Intermediate oil CLQ20, -0.78% fell 43 cents, or 1.1%, to settle at $39.27 a barrel on the New York Mercantile...

Gold futures settle above $1,800 for first time since 2011
Wednesday, 1 July 2020 01:11 WIB | GOLD EMAS

Gold futures settled above $1,800 an ounce on Tuesday, the first time for a most-active contract since 2011. Prices for the haven metal continued to find support on the heels of uncertainty over a recovery in the economy, ending the quarter 12.8% higher and trading up by more than 18% for the first half of the year, according to Dow Jones Market Data. "With a potent combination of low rates, ongoing global monetary and fiscal stimulus and COVID-19 uncertainty, there is plenty of catalyst in the market for the price of gold to be well-supported," Steven Dunn, head of exchange-traded funds at...

Gold prices see subdued action as metals wrap up month, quarter and 2020's first half
Tuesday, 30 June 2020 20:07 WIB | GOLD EMAS

Gold futures were edging lower on Tuesday with the U.S. dollar remaining firm and as the market awaited testimony from Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin later in the session. The economic uncertainty created by the coronavirus pandemic has been one key factor underpinning bullion's rally in recent weeks. August gold fell $2.70, or 0.1%, at $1,778.70 an ounce, after rising less than 0.1% on Monday. Early last week, gold touched its highest level since 2012 as infections of COVID-19 accelerated. In the first half of the year, prices based on the...

Grim Data Keeps Euro, Sterling Under Pressure
Tuesday, 30 June 2020 19:08 WIB | Euro pound Sterling,

A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears new COVID-19 hot spots across the world might jeopardise the swift recovery from the pandemic investors are hoping for. The common currency lost further ground against the dollar in morning trading after underlying price pressures dropped again in the euro zone, underscoring fears that consumer price growth will remain anaemic for years. Separately, Britain's Office for National Statistics said the economy shrank by 2.2% between January and March, its worst performance...

Oil Prices Slip on Demand Worries, Prospect of Libyan Supply Return
Tuesday, 30 June 2020 18:32 WIB | Minyak WTI Brent Oil,

Oil prices fell on Tuesday as optimism for a straightforward recovery in fuel demand faded and a looming increase in supply weighed on the market, with Libya's state oil company flagging progress on talks to resume exports. U.S. West Texas Intermediate (WTI) crude futures fell 51 cents, or 1.28%, to trade at $39.19 per barrel, having jumped 3% on Monday. Brent crude futures for September fell 17 cents, or 0.2%, to $41.68 a barrel, paring Monday's 92-cent gain. The less active August contract, which expires on Tuesday, fell 52 cents, or 1.25%, to trade at $41.17 per barrel, after gaining 69...

Dollar stable, markets torn between upbeat data and virus fears
Tuesday, 30 June 2020 15:36 WIB | DOLLAR Currency Indeks Dolar

The dollar held on to modest gains on Tuesday as upbeat U.S. home sales and Chinese factory data left traders torn between optimism about global growth rebounding and fears a surge in new COVID-19 cases could jeopardise a swift V-shaped recovery. California and Texas saw record rises in new infections on Monday while in Britain, a reinforced lockdown was imposed in the city of Leicester. A warning from U.S. Federal Reserve Chair Jerome Powell that the outlook for the world's biggest economy was "extraordinarily uncertain", however, kept investors on their toes. Against a basket of...

Gold Muted Amid Concerns of Stock Market Sell-off
Tuesday, 30 June 2020 15:12 WIB | GOLD EMAS

Gold prices are largely unchanged for a second day as traders seem cautious. Concerns that stocks may drop sharply and drive profit-taking in gold, as they did on Friday, could be weighing on traders' minds, says Jeffrey Halley, market analyst at OANDA. New York futures are hovering around $1,780 a troy ounce and are last up 0.3% at $1,787.10 an ounce. "Gold traders appear to be content to await further developments from the side-lines," says Halley. Recent stock sell-offs have hit gold as investors have sold profitable positions in the precious metal to cover losses elsewhere and fear of...

PMI Perancis Nikkei 225 Minyak jenis Brent indeks SP/ASX 200 Indeks Nikkei Indeks Hang Seng Stoxx Europe 600 minyak mentah WTI Pabrik, Perancis US Jobless Claims IndeksTopix Unemployment PMI U.K. Nasdaq Tingkat Pengangguran,
PRECIOUS METALS
Gold flat as virus fears offset gains in equities
Friday, 3 July 2020 17:11 WIB

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic...

ENERGY
Crude Oil Lower; OPEC Disputes and Virus Cases Weigh
Friday, 3 July 2020 18:59 WIB

Oil markets slipped Friday as the resurgence of Covid-19 cases, particularly in the U.S., the largest consumer in the world, threatened the recovery of crude demand. At 7:30 AM ET (11:30 GMT), U.S....

CURRENCIES
Dollar Rises as Risk Appetite Tempered by Rising COVID-19 Cases in U.S.
Friday, 3 July 2020 22:04 WIB

The dollar edged up on Friday but was set for its biggest weekly fall since the start of June, as a sentiment boost from better-than-expected jobs data in the United States was tempered by surging...