Wednesday, 27 May 2020 16:33 WIB
U.S. stock futures pointed to more gains at Wednesday's open. Optimism about the reopening of the economy and a potential coronavirus vaccine offset concerns about rising U.S.-China tensions.
Recent hopes for a return to normal consumer habits have pushed the Dow Jones Industrial Average and S&P 500 to briefly touch key market levels for the first time since early March.
Friday, 22 May 2020 13:44 WIB
A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday.
The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of...
Wednesday, 27 May 2020 18:55 WIB
The euro headed towards a two-month high on Wednesday after the European Commission proposed a coronavirus economic recovery package worth in total 1.85 trillion euros ($2.04 trillion).
The euro has struggled since falling in March, when investors rushed for the safety of dollars. But analysts say the recovery fund proposals, if they can win over EU members sceptical of an earlier Franco-German...