Wednesday, 19 June 2019 15:33 WIB
Hong Kong stocks rallied more than two percent Wednesday, fuelled by hopes for a trade breakthrough after Donald Trump said he would meet Xi Jinping at the G20 next week.
The Hang Seng Index jumped 2.56 percent, or 703.37 points, to 28,202.14.
The benchmark Shanghai Composite Index climbed 0.96 percent, or 27.64 points, to 2,917.80, while the Shenzhen Composite Index, which tracks stocks on...
Wednesday, 19 June 2019 15:53 WIB
Falling air fares and car prices saw U.K. inflation return to the Bank of England™s target last month.
Consumer prices rose 2% from a year earlier, down from 2.1% in April, the Office for National Statistics said Wednesday. Core inflation slowed to 1.7% from 1.8%.
Air fares, which surged in an Easter-related boost in April, fell 5.2% in May compared with a 10% increase a year earlier....
Wednesday, 19 June 2019 16:14 WIB
The GBP/USD pair held on to its mildly positive tone through the early European session on Wednesday and had a rather muted reaction to the latest UK macro data.
The pair built on the previous session's late rebound from the key 1.2500 psychological mark, or fresh multi-month lows, and gained some follow-through traction on Wednesday. The pair held steady around the 1.2570-80 region and moved...