Tuesday, 18 June 2019 17:23 WIB
U.S. stock index futures were slightly higher Tuesday morning, as market participants braced for the first day of the Federal Reserve™s interest rate meeting.
At around 6:00 a.m. ET, Dow futures traded 56 points higher, indicating a positive open of more than 65 points. Futures on the S&P and Nasdaq were also seen higher.
Market focus is largely attuned to the U.S. central bank, with...
Friday, 14 June 2019 19:50 WIB
Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain.
Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain.
There was a big rise in auto sales, but the even...
Tuesday, 18 June 2019 15:45 WIB
Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain's next prime minister sent the pound tumbling to a five-month low versus the euro on Tuesday as investors worried about the risks of a hard exit from the European Union.
The pound dived to 89.66 pence versus the euro, its lowest level since mid-January, before the outcome of a second round of voting in the Tory...