Tuesday, 18 June 2019 07:52 WIB
Investor caution ahead of the Federal Reserve™s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.
MSCI™s broadest index of Asia-Pacific shares outside Japan inched up 0.05%.
Australian stocks added 0.1% while Japan™s Nikkei dipped 0.05%.
The Fed, facing...
Friday, 14 June 2019 19:50 WIB
Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain.
Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain.
There was a big rise in auto sales, but the even...
Tuesday, 18 June 2019 09:06 WIB
Gold held a decline as investors await the Federal Reserve™s meeting this week for further signals on the central bank™s interest rate path.
Spot gold little changed at $1,339.02/oz at 9:04am in Singapore, after -0.2% on Monday. Prices rose to $1,358.26 on Friday, highest level since April 2018. Bloomberg Dollar Spot Index steady.