Monday, 16 September 2019 18:58 WIB
U.S. stock-indexes on Monday were set to pull back from record-range and the Dow was set to halt a win streak at eight consecutive days as a weekend attack against Saudi Arabia's oil-production facilities unsettled global markets and sent crude prices rocketing higher.
The attacks playing out in the Middle East come as stocks are on the brink of fresh all-time highs ahead of a eagerly awaited...
Friday, 13 September 2019 19:46 WIB
The data published by the US Census Bureau today revealed that retail and food services sail in August rose 0.4% on a monthly basis to $526.1 billion and beat the market expectation for an increase of 0.2%. On a yearly basis, retail sales grew by 4.1%.
Total sales for the June 2019 through August 2019 period were up 3.7% from the same period a year ago. The June 2019 to July 2019 percent change...
Monday, 16 September 2019 19:36 WIB
Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom's production.
Prices came off their peaks after U.S. President Donald Trump authorized the use of his country's emergency stockpile to ensure stable supply.
Brent crude futures, the...