Tuesday, 2 June 2020 16:44 WIB
U.S. stock futures turned higher on Tuesday, shaking off early losses after President Donald Trump threatened to use the military to quell civil unrest.
Down as much as 172 points, futures on the Dow Jones Industrial Average were recently 102 points higher.
Markets in Europe extended early gains, with the German DAX surging 3.5% after a three-day break.
Source : Market Watch
Monday, 1 June 2020 21:32 WIB
The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5.
This reading came in slightly worse than the market expectation of 43.6.
Further details of the publication showed that the Employment Index rose to 32.1 from 27.5 and the New Orders Index edged...
Tuesday, 2 June 2020 18:54 WIB
Crude-oil futures on Tuesday headed higher, at least partly supported by reports that major producers may agree to extend output cuts that terminate at the end of June to further steady oil prices.
Reuters has reported that the Organization of the Petroleum Exporting Countries and notably major producer Russia, part of a group known as OPEC+, are considering extending cuts of some 9.7 million...