Thursday, 21 March 2019 04:06 WIB
Hong Kong stocks closed down Wednesday, snapping a four-day winning streak, as investors look ahead to the end of a crucial Federal Reserve policy meeting later in the day.
The Hang Seng Index dipped 0.49 percent, or 145.31 points, to close at 29,320.97.
The benchmark Shanghai Composite Index ended barely moved, inching down 0.34 points to 3,090.64, while the Shenzhen Composite Index, which...
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...
Thursday, 21 March 2019 02:34 WIB
The U.S. dollar turned negative Wednesday, dropping to its lowest level since early February as the Federal Reserve reaffirmed its dovish policy stance.
The central bank revised its expectation of interest-rate increases in 2019 to zero, from an expected two increases previously. It also downgraded its economic outlook, forecasting 2.1% gross domestic product growth in 2019, rather than 2.3% as...