Friday, 18 October 2019 18:51 WIB
U.S. stock-index futures traded near unchanged Friday morning after data showed China™s economic growth slowing further in the third quarter, with investors looking for direction at the end of a week that saw equities buoyed by a strong start to corporate earnings reporting season.
Futures on the Dow Jones Industrial Average were up 7 points, or less than 0.1%, at 27,000, while the S&P...
Friday, 18 October 2019 09:26 WIB
China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed.
The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP of 6.2%.
However, the Industrial Production rose 5.8% year-on-year in September, beating the...
Friday, 18 October 2019 19:07 WIB
Oil rose for a third day in New York amid low trading volumes, recouping most of this week™s earlier losses, yet the outlook remained clouded by concerns over the economy and abundant supplies.
West Texas Intermediate futures climbed as much as 1.2% with little news to drive the increase and trading volumes about 70% below average. Sentiment remained pessimistic, after China...