Thursday, 28 May 2020 14:17 WIB
European stocks opened higher Thursday against a backdrop of rising tensions between the U.S. and China.
The pan-European Stoxx 600 climbed 0.7% at the start of trading, with travel and leisure stocks jumping out to 2.2% gains as all sectors and major bourses entered positive territory.
Investors will be keeping an eye on developments in an escalating war of words between the U.S. and China,...
Thursday, 28 May 2020 08:20 WIB
Australian employment in the June quarter may have fallen by only 15% from a year earlier, less than a previous 20% estimate, as there are signs of job increases in the industries most affected by the novel coronavirus, the central bank chief said on Thursday.
Reserve Bank of Australia (RBA) Governor Philip Lowe reiterated that the economic outlook was still incredibly uncertain.
Thursday, 28 May 2020 13:56 WIB
Gold edged up on Thursday after hitting a two-week low in the previous session as the rift between Washington and Beijing over Hong Kong escalated, with prices also supported by central bank and government largesse to cushion the blow from the pandemic.
Spot gold was up 0.2% at $1,712.39 per ounce, as of 0315 GMT, after dropping to $1,693.22 on Wednesday. U.S. gold futures were flat at...