Thursday, 20 June 2019 20:49 WIB
U.S. stock benchmarks Thursday morning surged toward records as the Federal Reserve signaled that policy easing may be forthcoming to sustain the economy.
The Dow Jones Industrial Average jumped 250 points, or 0.9%, at 26,750, the S&P 500 index rose 0.9% at 2,951, briefly setting a new record intraday peak at 2,956.11 for the first time since May 1, while the Nasdaq Composite Index advanced...
Thursday, 20 June 2019 15:54 WIB
The UK retail sales came in at -0.5% over the month in May vs. -0.5% expected and -0.1% previous. The core retail sales stripping the auto motor fuel sales stood at -0.3% m/m vs. -0.5% expected and -0.3% previous.
On an annualized basis, the UK retail sales rose 2.3% in May versus 2.7% expected while the core retail sales also advanced 2.2% in the reported month versus 4.7% previous and 2.5%...
Thursday, 20 June 2019 20:11 WIB
Gold prices surged to their highest in more than five years on Thursday after the U.S. Federal Reserve signalled a possible interest rate cut as early as next month, pressuring U.S. Treasury yields and the dollar.
Spot gold was up 1.6% at $1,380.96 per ounce as of 12:13 GMT, after hitting its highest since March 17, 2014 at $1,386.38.
Gold prices have gained about $80 so far this month.