Wednesday, 20 March 2019 20:46 WIB
U.S. stock benchmarks on Wednesday retreated slightly at the open ahead of a Federal Reserve meeting and news conference expected to reaffirm the central bank's dovish policy stance.
The Dow Jones Industrial Average was off by about 60 points, or 0.2%, at 25,824, while the S&P 500 index was slipping 0.1% at 2,828, while the Nasdaq Composite Index was virtually unchanged at 7,722. Later...
Wednesday, 20 March 2019 17:00 WIB
The UK Consumer Prices Index (CPI) 12-month rate came in at 1.9% in February, up from January™s 1.8% and bettering the 1.8% print expected, the UK Office for National Statistics (ONS) reported on Wednesday.
Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.8% y/y versus 1.9% booked in January while missing the consensus forecast.
The monthly figures...
Wednesday, 20 March 2019 20:08 WIB
Gold futures edged lower ahead of the conclusion of a Federal Reserve meeting later Wednesday, but concerns about the state of U.S.-China trade talks could providing underlying support.
Gold for April delivery on Comex fell $2.50, or 0.2%, to $1,304 an ounce, while May silver gave up 7.2 cents, or 0.5%, to trade at $15.30 an ounce.
In other metals trade, palladium continued to rally into...