Wednesday, 18 September 2019 23:31 WIB
U.S. stocks came under pressure on Wednesday after a profit warning by FedEx, while investors waited for a decision on interest rates and clues on the future of U.S. monetary policy from the Federal Reserve.
Shares of the package delivery company tumbled 14% and were on course for their sharpest one-day percentage drop since the financial crisis after FedEx blamed U.S.-China trade tensions and...
Wednesday, 18 September 2019 15:50 WIB
U.K. consumer prices slowed to 1.7% year-over-year growth in August from 2.1% in July, the Office for National Statistics said Wednesday. Economists polled by FactSet expected a 1.9% rise. Core CPI slowed to 1.5% from 1.9%.
The ONS said the decline came from principally games, toys and hobbies, and cultural services, clothing and sea fares. The pound was trading at $1.2452, down from $1.2501 on...
Wednesday, 18 September 2019 21:48 WIB
The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 1.1 million barrels in the week ending September 13 compared to analysts estimate for a draw of 2.5 million barrels.
The market reaction to the EIA report was relatively muted and the barrel of West Texas Intermediate was last seen trading at...