Friday, 23 August 2019 14:37 WIB
European stocks opened higher Friday as investors await a speech from U.S. Federal Reserve Chairman Jerome Powell.
The pan-European Stoxx 600 climbed 0.4% at 376.20 at the opening bell, technology stocks leading gains with a 1.1% rise as all sectors and major bourses traded in positive territory.
Investors will be watching Powell™s speech at the central bank™s Jackson Hole symposium late...
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 14:10 WIB
Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans.
Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, fell 0.2% to $1,504.85 by 1:11 AM ET (05:11 GMT).
Markets currently expect the Fed to slash...