Asia-Pacific markets traded higher, tracking Wall Street gains overnight. Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South Korea's Kospi climbed 0.83%, and the small-cap Kosdaq jumped 0.65%. Australia's benchmark S&P/ASX 200 added 0.41%. Futures for Hong Kong's Hang Seng index stood at 26,464, higher than its last close of 26,086.32. Equities in several parts of the world have been rallying as easing inflation pressures and expectations for U.S. rate cuts boost investor sentiment. "Momentum and the promise of...
Silver prices moved steadily for the Asian session on Thursday (6/2). Safe haven metals such as Silver strengthened due to increased risk aversion after the closing of global trade and economy. Traders are concerned that the US could impose tariffs on precious metal imports into the US after President Donald Trump announced the latest tariffs on Canada, Mexico, and China. Trump then postponed the tariffs imposed on Canada and Mexico.Source: Newsmaker.id
Gold prices moved at the level of $2068 at the start of the Asian trading session on Thursday (6/2). Gold continued to soar to a record high, after rising almost 1% in the previous session, as the initial attack of the US-China trade war triggered demand for safe haven assets.The response from China has been relatively calm compared to Trump's first term, when Beijing retaliated with tariffs that were almost equal to the US, but there are still many concerns about the impact on the world's two largest economies.Source: ads@ Newsmaker.id
Silver (XAG/USD) prices rose for the third straight session, during European trading hours on Wednesday (2/5). Safe-haven metals such as Silver gained on rising risk aversion amid global trade and economic uncertainty. In response to the new 10% US tariffs that came into effect on Tuesday, China imposed a 15% tariff on US coal and liquefied natural gas (LNG) imports, along with additional 10% tariffs on crude oil, farm equipment, and certain cars.
Gold prices jumped 1% on Wednesday (2/5), extending a record rally, driven by safe-haven demand amid the escalating U.S.-China trade war, while the spotlight was also on payrolls data from the world's largest economy. Spot gold prices rose 0.9% after rising 1% and hitting a record high earlier in the session. Source: Newsmaker.id
Silver prices traded around $32.29 an ounce on Wednesday (2/5), hitting a new record in early 2025.Silver is currently still holding near its highest level as the escalating trade war between the US and China has boosted demand for safe haven assets. Note: This article is analysis only and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions. Source: Newsmaker.id
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Less than four months ago, President Donald Trump met with Qatar's leader, praised his magnificent palace, and signed a comprehensive defense agreement with the Gulf monarchy, a key ally that hosts...