Wednesday, 16 October 2019 14:20 WIB
European stocks opened mostly lower Wednesday as investors pause for guidance on the likelihood of an imminent Brexit deal between the U.K. and the EU.
The pan-European Stoxx 600 hovered just below the flatline in the opening minutes of trading, with basic resources falling 1.2% to lead losses while healthcare stocks climbed 0.5%.
Brexit negotiations continued into the early hours of Wednesday...
Thursday, 10 October 2019 20:04 WIB
A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months.
The core consumer price index, which excludes food and energy, increased 0.1% from the prior month, a Labor Department report showed Thursday, below the...
Wednesday, 16 October 2019 13:36 WIB
Oil prices recovered on Wednesday in Asia amid renewed hopes of a potential Brexit deal between the U.K. and the European Union.
U.S. Crude Oil WTI Futures gained 0.3% to $52.97 by 1:13 AM ET (05:13 GMT). International Brent Oil Futures also rose 0.3% to $58.91.
Also supporting oil prices today were reports that OPEC Secretary-General Mohammad Barkindo said the Organization of the Petroleum...