Monday, 24 February 2020 16:24 WIB
U.S. stock market futures sank Monday as the spread of coronavirus raised worries that global economic growth could take a hit.
Dow Jones Industrial Average futures fell 606 points, or 2%, to 28,380, suggesting a steep drop when U.S. trading starts Monday morning. S&P 500 futures fell nearly 2% and Nasdaq-100 futures dropped nearly 3%.
On Saturday, the International Monetary Fund warned...
Monday, 24 February 2020 16:38 WIB
German business morale rose unexpectedly in February, a survey showed on Monday, easing recession fears in Europe™s largest economy which has been losing momentum as its manufacturers struggle with falling exports.
The Ifo institute said its business climate index rose to 96.1 after an upwardly revised 96.0 in January. The February reading compared with a Reuters consensus forecast for a fall...
Monday, 24 February 2020 19:17 WIB
Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic growth, prompting a flight to safe havens.
Spot gold was up 1.1% at $1,661.86 per ounce by 0304 GMT, after climbing to $1,678.58 earlier in the session. U.S. gold futures rose 1% to 1,664.60.