Wall Street futures opened higher on Tuesday, supported by ongoing optimism over potential Federal Reserve interest rate cuts, while investors assessed a fresh batch of corporate earnings. The Dow Jones Industrial Average (.DJI), opens new tab rose 26.4 points, or 0.06%, at the open to 44200.07. The S&P 500 (.SPX), opens new tab rose 6.7 points, or 0.11%, to 6336.63, while the Nasdaq Composite (.IXIC), opens new tab rose 38.5 points, or 0.18%, to 21092.097. Source: Reuters
Gold prices trimmed their gains ahead of entering the European session on Friday (6/6). This movement occurred because many investors preferred to wait for the release of important data from America tonight as a reference for future economic policy. Nonfarm payrolls data to be released on Friday is expected to be lower for May, especially after a series of weak labor market data throughout the week. The US hiring trend has been hampered by increasing uncertainty over economic policy under Trump, especially his tariff agenda.
Harga emas menguat di sesi perdagangan pagi Asia hari Jumat (6/6), di dukung oleh pertemuan Trump dan Xi via telpon dan data ekonomi AS yang di rilis hari Kamis mengindikasikan pelemahan berkelanjutan dalam data pasar tenaga kerja AS serta meredanya ketegangan perang dagang. Presiden Trump mengatakan pembicaraannya dengan pemimpin Tiongkok Xi Jinping produktif dan kedua belah pihak sepakat untuk segera bertemu. Sementara investor tetap bersikap hati-hati jelang rilis laporan penggajian nonpertanian AS Jumat malam ini (6/6).
Gold prices fell on Thursday (05/06), supported by easing geopolitical tensions, dovish central bank signals and continued weakness in U.S. labor market data, factors that continued to boost demand for safe-haven assets. The call between President Xi and Trump came hours before German Chancellor Friedrich Merz's scheduled visit to the White House, where he is expected to press Trump to ease tariffs on European exports amid rising global trade tensions. Source: Newsmaker.id
Silver prices surged to $35.60 an ounce on Thursday (6/5), hitting their highest level since February 2012, as weak U.S. economic data and a dovish Federal Reserve outlook fueled safe-haven demand ahead of Friday's nonfarm payrolls report. Beyond economic fundamentals, geopolitical and trade tensions are adding to market jitters. The U.S. has doubled tariffs on steel and aluminum imports to 50%, stoking fears of renewed trade tensions with major partners. Source: Newsmaker.id
Gold rose on Thursday (06/05) in European trading, Gold continued its rise, The decline in hiring and contraction in US service activity have raised expectations of monetary policy easing to avoid a recession. Lower interest rates usually benefit non-interest bearing bullion. At the same time, demand for gold as a safe haven asset is also prominent, ANZ said. US relations with China and the European Union continue to deteriorate as President Trump doubles steel and aluminum tariffs to 50%, ANZ said. Source: Newsmaker.id