Monday, 26 September 2016 23:44 WIB
Wall Street stocks slumped Monday as investors awaited the first U.S. presidential debate and worries over Germany’s Deutsche Bank weighed on the financial sector.
The S&P 500 index dropped 14 points, or 0.7%, to 2,149 with financials down 1% to lead the laggards.
The Dow Jones Industrial Average was down 146 points, or 0.8%, to 18,115. Goldman Sachs Group, Inc. topped the losers while...
Monday, 26 September 2016 15:41 WIB
German business sentiment surged to the highest level in more than two years in September in a sign that corporate concerns are easing over the economic outlook and the consequences of Britain’s decision to leave the European Union, a report from the Munich-based Ifo institute showed on Monday.
Germany’s business climate index rose to 109.5 from a revised 106.3. That’s the highest since May...
Tuesday, 27 September 2016 01:20 WIB
Gold is back in the doldrums as investors pause to assess the outlook for monetary policy after the Federal Reserve held U.S. interest rates steady last week.
Bullion’s 60-day volatility fell on Monday to the lowest since October 2014, while aggregate trading in futures was 38 percent below normal for this time. Traders will look for clues as European Central Bank President Mario Draghi...