Friday, 23 August 2019 09:17 WIB
Hong Kong stocks opened marginally higher on Friday following big losses the day before and hours before a key speech by Federal Reserve boss Jerome Powell later in the day.
The Hang Seng Index edged up 9.16 points to 26,057.88 at the open.
The benchmark Shanghai Composite Index added 0.06 percent, or 1.71 points, to 2,885.15 and the Shenzhen Composite Index, which tracks stocks on China's...
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 09:06 WIB
Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy.
Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted...