Monday, 25 March 2019 20:43 WIB
U.S. stocks started the week lower, adding on to their losses from Friday when all three major benchmarks recorded their worst one-day drop since Jan. 3. The losses come on the coattails of the inversion of the three-month and 10-year Treasury yield curve, which can be an early recession indicator, and happened for the first one since 2007 on Friday.
The Dow Jones Industrial Average opened 0.1%...
Friday, 22 March 2019 16:26 WIB
German manufacturing activity grew at the weakest pace in six years in the month of March, the latest manufacturing activity report from IHS/Markit research showed this Friday.
The German manufacturing purchasing managers index (PMI) slipped deeper into contraction territory and arrived at 44.7 versus 48.0 expected and 47.6 previous. Meanwhile, services PMI dropped to a two-month low level of...
Monday, 25 March 2019 19:36 WIB
Gold pushed higher again Monday, within striking distance of its best level in a month, as financial markets kept attention fixed on global growth fears and a recessionary alarm persisted in the bond market.
Bond yields had settled down on Monday after Friday's action marked the first U.S. curve inversion since 2007, but concerns around this oft-referenced recession signal persisted. U.S....