Wednesday, 26 June 2019 15:37 WIB
Hong Kong shares closed with slight gains Wednesday, bucking a regional trend, as traders focus on the upcoming meeting between Donald Trump and Xi Jinping.
The Hang Seng Index added 0.13 percent, or 36.00 points, to 28,221.98.
The benchmark Shanghai Composite Index slipped 0.19 percent, or 5.79 points, to 2,976.28 while the Shenzhen Composite Index, which tracks stocks on China's second...
Tuesday, 25 June 2019 21:20 WIB
The monthly Consumer Confidence Survey published by the Conference Board today revealed that the consumer confidence weakened in June with the headline Confidence Index dropping to 121.5 in June from 131.3 in May.
Other data from the U.S. revealed that new home sales in May contracted by 7.8% to fall short of the market expectation for an increase of 1.9%.
With the initial reaction, the...
Wednesday, 26 June 2019 15:18 WIB
Gold prices dropped on Wednesday in Asia as U.S. Federal Reserve chairman Jerome Powell played down expectations of aggressive rate cut.
Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell 0.1% to $1,411.95 a troy ounce by 1:32 AM ET (05:32 GMT).
Overnight, Powell said the Fed is studying whether the ongoing Sino-U.S. trade war and slowing economic...