Wednesday, 29 January 2020 17:13 WIB
U.S. stock index futures rose on Wednesday morning as markets continue to rebound from Monday™s heavy sell-off.
At around 4:30 a.m. ET, Dow futures were up by 36 points and implied a positive open of more than 73 points, while futures on the S&P 500 and Nasdaq were also higher.
Markets rallied on Tuesday to snap a five-day losing streak and begin a recovery from the largest sell-off in...
Wednesday, 29 January 2020 07:47 WIB
Australia, like much of the developed world, has struggled to rekindle inflation as wages stagnate and intensified competition keeps prices in check.
The central bank focuses on core inflation, a combination of the trimmed mean and weighted median gauges, that smooths out sharp fluctuations. The statistics bureau released the data in Sydney Wednesday.
CPI rose 0.7% Q/Q vs est. 0.6%...
Wednesday, 29 January 2020 20:12 WIB
Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.
Brent crude rose 66 cents, or 1.1%, to $60.17 a barrel by 0951 GMT. U.S. crude was up 62 cents, or 1.2%, at $54.10 a barrel.
Financial markets that have...