Tuesday, 2 June 2020 10:13 WIB
Japanese shares hit a more than three-month high on Tuesday, as hopes for global economic recovery with more countries gradually reopening after coronavirus-related lockdowns bolstered expectations for corporate earnings.
The Nikkei index rose 0.91% to 22,263.43 by 0200 GMT, its highest level since Feb. 26, with industrial and telecommunication shares leading the advance as investors bet on a...
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 09:53 WIB
Gold prices inched lower on Tuesday on signs of economic recovery as more countries ease lockdown curbs, while protests in the United States, China-U.S. tensions and a weaker dollar limited losses.
Spot gold was down 0.1% at $1,738.12 per ounce, as of 0110 GMT. U.S. gold futures rose 0.2% to $1,753.70.
In a sign that the worst of the economic downturn from the coronavirus pandemic might be...