Thursday, 12 December 2019 00:12 WIB
European stocks traded cautiously Wednesday as investors await the U.S. Federal Reserve™s interest rate decision and monitor developments ahead of the weekend™s U.S.-China trade tariff deadline.
The pan-European Stoxx 600 moved slightly higher in afternoon trade to close provisionally 0.22% higher, with utilities and basic resources leading gains.
The Fed™s final interest rate decision...
Wednesday, 11 December 2019 21:15 WIB
A key measure of U.S. consumer prices remained subdued in November, bolstering widespread expectations Federal Reserve policy makers will hold the line on interest rates.
The core consumer price index, which excludes volatile food and energy costs, rose 0.2% for a second month, and 2.3% from a year earlier, a Labor Department report showed Wednesday. Those figures matched the median...
Thursday, 12 December 2019 03:31 WIB
Oil futures finished lower on Wednesday after U.S. government data showed an unexpected climb in domestic supplies of crude oil, as well as sizable gains in gasoline and distillate stockpiles.
Prices showed little reaction to the Federal Reserve™s decision to hold its benchmark interest rate unchanged in a range of 1.5% and 1.75%.
On Wednesday, West Texas Intermediate crude for January...