Friday, 21 June 2019 03:20 WIB
Hong Kong stocks climbed more than one percent Thursday for a fourth straight gain after the Federal Reserve indicated it could cut interest rates, with speculation it will do so next month.
The Hang Seng Index jumped 1.23 percent, or 348.29 points, to 28,550.43.
The benchmark Shanghai Composite Index rallied 2.38 percent, or 69.32 points, to 2,987.12, while the Shenzhen Composite Index, which...
Thursday, 20 June 2019 15:54 WIB
The UK retail sales came in at -0.5% over the month in May vs. -0.5% expected and -0.1% previous. The core retail sales stripping the auto motor fuel sales stood at -0.3% m/m vs. -0.5% expected and -0.3% previous.
On an annualized basis, the UK retail sales rose 2.3% in May versus 2.7% expected while the core retail sales also advanced 2.2% in the reported month versus 4.7% previous and 2.5%...
Friday, 21 June 2019 02:09 WIB
U.S. oil futures rallied Thursday in reaction to worsening tensions between the Iran and U.S. that may lead to a disruption of oil flow in the Strait of Hormuz.
Iran shot down a U.S. drone and U.S. President Donald Trump said in a tweet that "Iran made a very big mistake!" Language from Trump "has driven up oil as traders fear supply in the Middle East might be squeezed by Washington D.C....