Saturday, 23 March 2019 00:08 WIB
U.S. stocks fell sharply Friday after a downbeat round of macroeconomic data in Europe and the United States raised global growth fears while a closely watched yield curve inverted for the first time since 2007, triggering recession worries.
The Dow Jones Industrial Average fell 306 points, or 1.2%, to 25,660, while the S&P 500 index was off 33 points, or 1.2%, to 2,821. The Nasdaq...
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...
Friday, 22 March 2019 23:31 WIB
Sterling rallied on Friday, helped by a weaker euro and after European Union leaders gave UK Prime Minister Theresa May a two-week reprieve to decide how Britain will leave the European Union.
Disappointing economic survey results in both the euro zone and the United States raised volatility across currency markets on Friday and added to the pound™s gains.
The biggest loser was the euro as...