Friday, 23 August 2019 16:00 WIB
U.S. stock index futures were higher Friday morning, as market participants awaited a key speech from the Federal Reserve's top official.
At around 04:00 a.m. ET, Dow futures rose 84 points, indicating a positive open of more than 68 points. Futures on the S&P and Nasdaq were both slightly higher.
Market focus is largely attuned to the U.S. central bank's annual Jackson Hole symposium,...
Thursday, 22 August 2019 14:47 WIB
Shrinking order books and expectations for a decline in output signal companies in Europe™s largest economy are bracing for a possible recession.
German manufacturing shrank for an eighth month in August, barely offset by still-solid services, according to IHS Markit. Overall business confidence declined and orders fell for the third time in four months. A Purchasing...
Friday, 23 August 2019 15:54 WIB
Gold eased on Friday and was set for its worst week in nearly five months, as lack of clarity from the U.S. Federal Reserve on the outlook for interest rate cuts triggered investors to cash in some gains ahead of Jerome Powell's speech at Jackson Hole.
Spot gold was down 0.2% to $1,495.80 per ounce, as of 08:05 GMT.
The metal has lost nearly 1.2% so far this week, on track for its biggest...