Wednesday, 22 May 2019 20:55 WIB
U.S. stock benchmarks opened lower Wednesday morning as markets awaited the release of Federal Reserve minutes that could shed light on the central bank's outlook for interest rates amid Sino-America trade tensions.
The Dow Jones Industrial Average fell 55 points, or 0.2%, at 25,820, the S&P 500 index retreated 0.2% at 2,858, while the Nasdaq Composite Index slipped 0.2% at 7,768.
Wednesday, 22 May 2019 15:50 WIB
Energy and transport costs pushed U.K. inflation back above target last month.
Consumer prices rose 2.1% from a year earlier, ending a three- month spell of inflation below the Bank of England™s 2 percent goal, Office for National Statistics figures published Wednesday show. The figure was slightly below the 2.2% forecast by economists.
The pickup, from 1.9% in March, was driven by the...
Wednesday, 22 May 2019 21:19 WIB
Gold futures rebounded from a two-week low, underpinned by weaker equities and a wavering dollar. Copper prices declined.
Gold futures for June delivery +0.1% at $1,274.40/oz at 9:38am in N.Y. Price dropped to $1,269 on Tuesday, the lowest intraday level since May 3.
Equities dropped amid signs of deepening U.S.-China trade tensions, bolstering demand for bullion as a haven. The...