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Oil Prices Mixed as Traders Await Coronavirus News, Data Pointers

Monday, 17 February 2020 13:20 WIB Minyak WTI brent oil Oil, Crude Oil

Oil prices were mixed on Monday in Asia as traders await coronavirus news and economic data in Asia due this week. U.S. Crude Oil WTI Futures rose 0.1% to $52.38 by 12:50 AM ET (04:50 GMT), while international Brent Oil Futures slipped 0.1% to $57.28. On Monday morning, Japan said its economy shrank 6.3% in the October-December period, the fastest pace since the second quarter of 2014. Australia will report its January employment change figures on Wednesday. China, the world’s biggest oil importer, is due to report the latest update on its central bank’s loan prime rate on the same day. Development on the coronavirus front remained in focus. China reported that there were 1,933 new...

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RECENT NEWS

Gold was little changed as investors weighed plans by countries hit by the coronavirus to shore up their economies amid differing assessments of the rate of infections. Spot gold little changed at $1,583.03/oz at 1:09pm in Singapore;...

Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China's coronavirus epidemic has affected oil demand. Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after...

The euro was on the back foot on Monday, as concerns mounted about weakening economic growth in Europe at a time financial markets and policymakers fret about a new threat to the global economy from a fast spreading coronavirus in China. The euro,...

Gold was little changed as investors weighed plans by countries hit by the coronavirus to shore up their economies amid differing assessments of the rate of infections. Spot gold little changed at $1,583.58/oz at 9:14am in Singapore....

Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown. Brent...

Gold futures score gains for the session and week

Saturday, 15 February 2020 01:47 WIB GOLD

Gold futures climbed on Friday to tally a gain of roughly 0.8% for the week. Concerns surrounding COVID-19 and its impact on the global economy continued to feed haven demand for the precious metal. April gold rose $7.60, or 0.5%, to settle at...

Energy

Oil falls nearly 5% for biggest weekly drop since 2008
Saturday, 29 February 2020 02:53 WIB
U.S. oil prices experienced their steepest weekly fall since 2008 as the spread of the coronavirus stokes fears of slowing global demand. Investors are increasingly worried as the virus has spread

Precious Metals

Gold futures fell by nearly 5% on Friday to log the biggest daily percentage decline for a most-active contract since June 2013, according to Dow Jones Market Data. Analysts attributed the decline

CURRENCIES

The pound dropped sharply on Friday, losing nearly 1% against the euro and the dollar as worries about the fast-spreading coronavirus sent investors out of currencies deemed riskier. As investors

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