Sunday, 12 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Saturday, 11 July 2020 02:40 WIB

Oil futures climbed on Friday, buoyed by positive results tied to a COVID-19 treatment, but U.S. prices ended lower for the week as a report from the International Energy Agency cautioned that weaker demand caused by the coronavirus pandemic will linger, even if the worst of the hit to economies has subsided. August West Texas Intermediate crude rose 93 cents, or about 2.4%, to settle at $40.55 a barrel on the New York Mercantile Exchange, after sliding 3.1% on Thursday to hit the lowest level for a front-month contract since June 30, according to Dow Jones Market Data. Global benchmark...

RECENT NEWS
Gold futures end lower a day after highest finish since 2011
Thursday, 2 July 2020 01:28 WIB | GOLD EMAS

Gold futures pulled back Wednesday, after settling a day earlier at their highest since 2011. "Gold remains in an uptrend but some fatigue may be kicking in," said Lukman Otunuga, senior research analyst at FXTM. Data from Automatic Data Processing Inc. Wednesday showed that U.S. private-sector employers added 2.37 million jobs in June, less than analysts expected. Still, "some optimism may return over the U.S. economy recovering quicker than expected," something that may hit haven gold, he said. August gold fell $20.60, or 1.1%, to settle at $1,779.90 an ounce. Prices settled at $1,800.50...

Gold prices retreat to start July after the notching their highest finish since 2011
Wednesday, 1 July 2020 18:58 WIB |

Gold futures were drifting lower Wednesday after topping $1,800 and marking the highest finish since in about nine years Tuesday, as uncertainty about the economic recovery from the coronavirus pandemic underpinned demand for the safe haven. Concerns about the spread of COVID-19 and stimulus from governments and global central banks to limit the harmful impact of the contagion is expected to foster an environment ripe for the rise of gold to further records, gold bulls predict. August gold was $5.50, or 0.3%, lower at $1,795 an ounce, after notching the highest finish for a most-active...

Oil rises after sharp drop in U.S. crude inventories
Wednesday, 1 July 2020 18:47 WIB | Minyak WTI Minyak Mentah Minyak Brent

Oil prices rose on Wednesday after an industry report showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus outbreak spreads around the world. Brent crude rose $1.09, or 2.7%, to trade at $42.38 per barrel, after declining more than 1% on Tuesday. U.S. crude was up $1.13, or 2.88%, at $40.40 a barrel, having dropped by 1.1% in the previous session. Crude inventories dropped by 8.2 million barrels to 537 million barrels, against analysts forecasts for a draw of 710,000 barrels. Source : Reuters

Dollar Edges Up, Euro Slips; U.S. Economic Data in Focus
Wednesday, 1 July 2020 18:30 WIB | DOLLAR Euro Dolar AS

Improved European economic data boosted risk appetite on Wednesday, while the euro slipped and the dollar index rose slightly as markets balanced hopes for a global economic recovery with surging COVID-19 infections in the United States. With transmission rates of the coronavirus falling in much of Europe, and economies opening up, IHS Markit's final euro zone Manufacturing Purchasing Managers' Index (PMI) moved closer to the 50-mark separating growth from contraction in June. Germany's manufacturing sector also contracted at a slower pace as Europe's largest economy lifted...

Gold Pushes Higher After Best Quarter in Four Years
Wednesday, 1 July 2020 15:19 WIB | GOLD EMAS

Gold is continuing to rise after setting its best quarter in four years due to coronavirus concerns and negative real interest rates. Spot gold is up 0.5% at $1,788.75 a troy ounce, while futures are up 0.3% at $1,805.80 an ounce. Investors are watching U.S. inflation-adjusted Treasury bonds for gold clues. Those bond's yields--known as real yields--are currently negative, meaning investors must pay to own them. This makes gold a more attractive haven and a cheaper hedge against inflation. "The negative relationship between U.S. 10 year real yields and gold has been the most reliable...

Dollar Steadies, Yen Gains; European Economic Data in Focus
Wednesday, 1 July 2020 15:08 WIB | DOLLAR Yen Euro Dolar AS

Currency traders were broadly cautious in early London trading on Wednesday, with the Japanese yen seeing its first session of gains in more than a week, before key European and U.S. economic data. The dollar rose overnight before erasing gains, ahead of U.S. manufacturing data for June, which is expected to show a rebound in activity. The dollar was up around 0.2% on the day at 97.407 against a basket of currencies at 07:32 GMT, European economic data was also in focus, with eurozone manufacturing PMI due at 08:00 GMT, and German unemployment data at 07:55 GMT. The euro was broadly flat...

Dollar Bides Time Ahead Of U.S. Manufacturing, Jobs Data
Wednesday, 1 July 2020 13:40 WIB | DOLLAR

The dollar held steady against the euro on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic. The euro was hemmed into a narrow range as traders awaited data on Germanys manufacturing sector, retail sales, and the jobless rate to gauge the health of the eurozone economy. The yen firmed slightly on safe-haven flows after a top government spokesman said Japan could re-impose a state of emergency in response to the coronavirus. A surge in new infections in the U.S. south and...

Oil Rose Toward $40 on Signs U.S. Stockpiles Are Shrinking
Wednesday, 1 July 2020 11:33 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, the demand outlook for the...

USD Currency Data Payroll SahamChina ZEW IndeksNikkei 225 Non-Farm Employment U.S.Unemployment Amazon, Perancis Indeks US Dollar Bloomberg Uni Eropa saham-saham eropa ADP GDP China The Fed
PRECIOUS METALS
Gold futures end lower for the session, but tally a 5th straight weekly gain
Saturday, 11 July 2020 01:11 WIB

Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19...

ENERGY
Oil climbs, but U.S. benchmark ends lower for the week as IEA warns of coronavirus risk
Saturday, 11 July 2020 02:40 WIB

Oil futures climbed on Friday, buoyed by positive results tied to a COVID-19 treatment, but U.S. prices ended lower for the week as a report from the International Energy Agency cautioned that...

CURRENCIES
Yen Rises on Renewed Surge In Virus Cases; Dollar Index Falls
Friday, 10 July 2020 23:28 WIB

The safe-haven Japanese yen climbed to a two-week peak against the dollar on Friday, lifted by concerns about a surge in coronavirus infections in the United States and around the world. The yen was...