Oil Holds Near Highest Since September on Trade Pact Optimism

Wednesday, 6 November 2019 08:03 WIB Minyak WTI Oil, Crude Oil

Oil held gains near the highest in six weeks as investors remained optimistic the U.S. and China are moving closer to signing a trade deal. Futures in New York were little changed after rising 5.6% over the past three sessions. China is reviewing locations in the U.S. where President Xi Jinping would be willing to meet Donald Trump to sign the first phase of a trade deal, people familiar with the plans said. Optimism over a potential pact overshadowed an American Petroleum Institute report that showed U.S. stockpiles added 4.26 million barrels last week. West Texas Intermediate for December delivery was down 9 cents to $57.14 a barrel on the New York Mercantile...



Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some of the tariffs it has imposed on Chinese imports. Brent crude futures gained 84 cents to settle at $62.94 a barrel....

Gold futures log lowest finish in 3 weeks

Wednesday, 6 November 2019 02:32 WIB GOLD EMAS

Gold futures settled at their lowest since mid-October on Tuesday, below the key $1,500 mark for the first time in nearly a week. Strength in the U.S. dollar and bond yields, along with recent record highs in U.S. benchmark stocks indexes, sent...

Gold futures fell Tuesday morning amid a trio of headwinds that were threatening to push the precious metal beneath a key psychological level at $1,500 for the first time in nearly a week. Stocks, bond yields and the U.S. dollar were all higher on...

Oil prices rose on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some of the tariffs it has imposed on Chinese imports. Brent crude was up 61 cents, or 1%, at $62.74 a barrel by 11:36 GMT. U.S....

Gold headed for a back-to-back decline after U.S. equities rallied to records and investors weighed up prospects for a first-phase U.S.-China trade deal, including the possibility that Washington may agree to roll back some of the tariffs now...

The U.S. dollar was higher against the safe haven Japanese yen on Tuesday amid hopes that the U.S. and China are getting closer to a preliminary agreement to resolve their protracted trade war, which has raised fears of a global economic...


Oil gains 1.7%, shrugging off rising supply concerns
Saturday, 16 November 2019 03:09 WIB
Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent

Precious Metals

Gold futures fall for the session, gain 0.4% for the week
Saturday, 16 November 2019 02:01 WIB
Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week,


Investors awaiting signs whether the euro is ready to stage a comeback will be closely watching next week’s regional manufacturing report. The preliminary data, due next Friday, will help investors


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