Friday, 19 July 2019 23:36 WIB
U.S. stocks were little changed mid-session Friday, with Wall Street hopeful that the Federal Reserve will take aggressive action to stamp out signs of stress in the economy, while digesting mixed corporate earnings reports against the backdrop of the unresolved U.S.- China trade dispute.
The S&P 500 index rose back above 3,000 level in early trade, but all three benchmarks look likely to...
Thursday, 18 July 2019 15:48 WIB
U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note.
The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by Bloomberg had predicted another fall.
Sales were up 0.7% in the second quarter, adding 0.04...
Saturday, 20 July 2019 02:08 WIB
Oil futures finished higher Friday after reports that Iran seized a U.K.-flagged ship in the Gulf of Oman. Prices still settled lower for the week, however, on worries about a slowdown in demand.
The market saw an "insane downward trend in crude oil this week," said James Hatzigiannis, senior commodities associate at Long Leaf Trading Group. "I think it is a bit of an overreaction and you...