Thursday, 09 April 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Thursday, 9 April 2020 21:29 WIB

Gold futures rallied to reach their highest levels since late 2012 on Thursday, getting a boost as the U.S. dollar declined on the back of the Federal Reserve™s new lending plans, which aim to support the hit to the economy from the coronavirus pandemic. The Federal Reserve on Thursday set up new loan programs and bolstered existing ones in an effort to provide $2.3 trillion to boost the economy. June gold on Comex % was up $45.90, or .7%, at $1,730.20 an ounce in Thursday dealings after trading as high as $1,735.50. It marked the highest intraday level since November 2012. For the week,...

RECENT NEWS
U.S. oil prices climb by nearly 32% for the week
Saturday, 4 April 2020 01:58 WIB | Minyak Mentah Minyak WTI

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an agreement to significantly cut production levels as efforts to slow the spread of COVID-19 continues to hurt energy demand. May West Texas Intermediate oil rose $3.02, or 11.9%, to settle at $28.34 a barrel on the New York Mercantile Exchange. Prices for the front-month contract climbed about 31.8% for the week, according to FactSet data. Source : MarketWatch

Gold Ends Higher after U.S. Jobs Report, but Posts a Loss for The Week
Saturday, 4 April 2020 01:25 WIB | EMAS GOLD

Gold futures ended higher on Friday after a report on U.S. employment in March indicated that the damage from coronavirus related business shutdowns is already having a big impact on the labor market. For the week, however, prices posted a modest decline. "Gold's upside price bias has been restrained by the deflation scare running through financial markets, said Michael Kosares, founder of USAGOLD. June gold on Comex rose $8, or 0.5%, to settle at $1,645.70 an ounce. It tacked on 2.9% on Thursday, marking its first gain in five sessions. The most-active contract registered a loss of...

Sterling Drops as British Firms Suffer Record Slump
Friday, 3 April 2020 23:26 WIB | Poundsterling Sterling, pound

Sterling sank on Friday after data showed a record slump among Britain's services and manufacturing firms in late March as businesses and households paused activity to try to prevent the spread of the coronavirus. Sterling was last down 1.5% at $1.2205, having fallen earlier to its weakest level since Tuesday at $1.2243. Against the euro, it fell 0.8% to 88.32 pence. Kit Juckes, macro strategist at Societe Generale, said the decline in the pound on Friday was exacerbated by low market liquidity for the currency as those traders still working have concentrated their attention...

Gold Bounces Around As Investors Key In On Friday Jobs Report
Friday, 3 April 2020 20:04 WIB | EMAS GOLD

Gold futures on Friday swung between small gains and losses as investors watched for a report on the labor market in March, which may offer some clues about the state of American jobs even if it doesnt entirely reveal the extent of the damage of coronavirus business shutdowns. Fridays nonfarm-payrolls report from the Bureau of Labor Statistics will indicate how many workers the U.S. economy added last month, with average consensus estimates from economists for ais expected to show nonfarm payrolls suffered an 84,000 drop. However, most of the data were collected in the first half of...

Brent Oil Rises Above $32 On Hopes Of Output Deal
Friday, 3 April 2020 18:52 WIB | Brent WTI Minyak

Benchmark Brent crude oil futures rose as high as $33.05 a barrel on Friday on rising hopes of a new global deal to cut global crude supply. Brent crude LCOc1 futures were up 9.3%, or $2.79, at $32.73 a barrel by 10:14 GMT. Brent soared as much as 47% on Thursday for its highest intraday percentage gain on record. It closed 21% up, still about half the $66 at which it was trading at the end of 2019. U.S. West Texas Intermediate (WTI) crude CLc1 also moved back into positive territory, rising 4.8%, or $1.22, to $26.54 a barrel after advancing by 24.7% on Thursday. U.S. President Donald...

Gold Eases on Firm Dollar, But Holds Tight Range Ahead of US Data
Friday, 3 April 2020 17:39 WIB | EMAS GOLD

Gold prices were subdued on Friday as the dollar strengthened, but they were stuck in a narrow range ahead of U.S. nonfarm payrolls data that could provide further clarity on the economic damage from the coronavirus. Spot gold was down 0.1% at $1,610.46 per ounce by 0923 GMT. The metal has declined nearly 0.5% so far this week after an 8% jump in the previous week. U.S. gold futures dropped 0.6% to $1,627.90 per ounce. Safe-haven gains for the U.S. dollar limited golds advance, with the dollar index edging towards a 2% weekly rise as global recession fears intensify. Source : Reuters

Dollar Still in Demand, For Now
Friday, 3 April 2020 15:17 WIB | USD/JPY, EUR/USD GBP/USD Dolar AS

The dollar was in demand in early trading in Europe on Friday, as investors sought safety following the dire U.S. unemployment figures which illustrated the extent of the economic fallout from the coronavirus pandemic. At 3:05 AM ET (0705 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, rose above 100 for the first time in over a week to stand at 100.460, up 0.2% on the day and up some 0.6% on the week. EUR/USD fell 0.3% to 1.0823, while GBP/USD rose 0.2% to 1.2367. USD/JPY climbed 0.1% to 108.02. The outbreak of the pandemic has caused...

Gold slips on firm dollar, poor U.S. data limits losses
Friday, 3 April 2020 09:44 WIB | GOLD

Gold inched down on Friday after rising 1.4% in the previous session as the U.S. dollar firmed, but record high weekly U.S. jobless claims filings kept a check on bullions downside. Spot gold eased 0.1% to $1,610.64 per ounce by 0037 GMT. U.S. gold futures slipped 0.1% to $1,635.50. The metal was down over 0.4% for the week after an 8% jump in the previous week. The dollar was up 0.1% against key rivals, having risen for the last two sessions. The number of Americans filing claims for unemployment benefits last week shot to a record high of 6.65 million, as more jurisdictions enforced...

Huawei, UK Unemployment CPI AussieDolar AUD/USD, Testimoni Stoxx Europe 600 Indeks Dow Jones S & P 500 Kuroda, Perancis Apple Inc. ekonomi U.S. Durable Goods PDB Eropa Indeks Shanghai
PRECIOUS METALS
Gold rallies to highest since late 2012 as dollar declines on the back of the Fed's new lending plans
Thursday, 9 April 2020 21:29 WIB

Gold futures rallied to reach their highest levels since late 2012 on Thursday, getting a boost as the U.S. dollar declined on the back of the Federal Reserve™s new lending plans, which aim to...

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....