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GIC provides the latest news about forex and commodities which influence market movements.
Shocking! Gold Prices Drop Sharply, This is the Reason
Haryanto
Mon, 27 Feb 2023
US spot gold and gold futures prices fell to their lowest levels in eight weeks, driven by a stronger US dollar and rising Treasury yields. This was triggered by market speculation about the possibili
Bank of Japan Targets 2% Inflation During Ueda's Term
The Bank of Japan, led by its new Governor Kazuo Ueda, said the central bank should keep interest rates lower to support the slumping economy, and warned of the dangers of cost-driven inflation with m
World crude oil prices cut by 500,000 per barrel
Global crude oil prices traded positively this week as the prospect of deeper-than-expected Russian supply cuts largely offset concerns that rising interest rates would dampen demand this year. wor
Gold Prices Pressured by Stronger US Dollar & Hawkish Fed
Gold prices were little changed on Thursday, but have been on the back of losses this week as the dollar surged to a six-week high amid concerns about a hawkish Fed, with focus now turning to upcoming
Oil Prices Drop, Demand Threatened by Inflation: What to Know?
Haryanto
Thu, 23 Feb 2023
Global oil prices fell $2 a barrel, hitting a two-week low, on concerns that recent economic data could lead to more aggressive interest rate hikes by central banks, which would ultimately hurt econom
EUR/USD Today Rises To 1.0600 Point As US Dollar Plunges
EUR/USD today is reported to have printed a slight increase around 1.0620 as it consolidates the recent decline near the lowest level in seven weeks since Thursday morning. This information is based o
Asian Stocks Today: S&P 500 Gains, Treasury Yields Weaken
Today's stock news - Risk appetite has been improving in the Asia-Pacific region since Thursday morning, although it has been down in Japan as traders reassess concerns about a hawkish Fed and geopoli
Today's Gold Price at PT Antam Tbk and Pegadaian
Today's gold price, January 13, 2023, finally experienced movement after previously being sideways for two consecutive days. During the sideways, the price of Antam gold per gram was valued at IDR 1,0
Oil Prices Rise More Than Half Percent
Jakarta, GIC Trade – World crude oil prices in trading on Friday, January 13, 2023, rose again by 0.5 percent after previously rising by around $1 per barrel on Thursday amid optimism over
Gold Price Today Sideways
Today's gold price, January 12, 2023, has not shown any significant movement for the past two days. It is known that the gold price is sideways or flat, there has not been much movement and until now
ECB Hawkish, Euro Hits Seven-Month High
Jakarta, GIC Trade – The euro hit a seven-month high against its U.S. dollar on May 31, with the major currency pair touching $1.07765 as the greenback weakened recently on expectations tha
Yen Strengthens, BoJ Set to Exit Ultra-Loose Policy
Jakarta, GIC Trade – The Japanese Yen Forex pair was seen strengthening and moving to its daily low in the 131.40 area as the Bank of Japan (BoJ) firmly considered a way out of its de
