Monday, 18 November 2019 23:44 WIB
European stocks turned negative on Monday after a Chinese government source told CNBC that the mood in Beijing over a trade deal is pessimistic.
The pan-European Stoxx 600 slipped 0.3% at 405.31 lower during afternoon trade, with the China-exposed autos sector tumbling 2.5% while utilities bucked the trend to add 0.8%.
Sentiment turned cautious after CNBC™s Eunice Yoon reported that a...
Friday, 15 November 2019 21:05 WIB
Sales at gas stations, car dealers and internet stores such as Amazon rose in October, but most other retailers posted weak results just before the start of the critical holiday shopping season.
Retail sales increased 0.3% last month, the government said Friday, matching the forecast of economists polled by MarketWatch.
The increase in sales was concentrated in just a few segments, however. If...
Monday, 18 November 2019 23:27 WIB
The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed.
The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump™s reluctance to roll back tariffs. China has been pushing for the two sides to remove tariffs as they work on a phase one trade deal. Trump has said that he has not...