Wednesday, 17 July 2019 09:03 WIB
Hong Kong shares started Wednesday on a negative note after Donald Trump sparked fresh trade war worries by warning he could hit China with more tariffs whenever he wanted.
The Hang Seng Index fell 0.54 percent, or 155.85 points, to 28,463.77.
The benchmark Shanghai Composite Index dropped 0.38 percent, or 11.25 points, to 2,926.37 but the Shenzhen Composite Index, which tracks stocks on...
Tuesday, 16 July 2019 19:58 WIB
Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes.
Retail sales increases 0.4% last month, the government said Tuesday. Economists polled by MarketWatch expected a 0.1% gain.
The increase was an even larger 0.7%...
Wednesday, 17 July 2019 09:25 WIB
Gold held a decline as better-than-projected U.S. data raised doubts over the Federal Reserve™s monetary policy path after an expected interest rate cut at the end of this month.
U.S. retail sales and factory output in June exceeded expectations and underscored steady economic growth. Fed Chairman Jerome Powell saidTuesday the central bank is œcarefully monitoring...