Wednesday, 27 May 2020 14:21 WIB
European stocks opened cautiously higher on Wednesday although U.S.-China tensions are putting a damper on investor sentiment.
The pan-European Stoxx 600 climbed 0.4% in early trade, with banks adding 1.5% to lead gains while health care stocks slid 0.5% lower.
European markets are following the trend set by their Asian counterparts overnight, with investors weighing the potential impact of...
Friday, 22 May 2020 13:44 WIB
A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday.
The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of...
Wednesday, 27 May 2020 15:17 WIB
The U.S. dollar edged higher on Wednesday and China's yuan hit a near nine-month low as worries about the U.S. response to China™s proposed security law for Hong Kong injected a more cautious tone into foreign exchange markets.
The U.S. currency had fallen sharply on Tuesday as strong risk appetite encouraged investors into riskier currencies, but that sentiment was much less buoyant in early...