Thursday, 18 July 2019 00:18 WIB
Stocks dipped on Wednesday as the corporate earnings season rolled on with companies like Bank of America and CSX releasing their quarterly numbers.
The Dow Jones Industrial Average slipped 44 points, while the S&P 500 fell 0.3%. The Nasdaq Composite traded 0.1% lower.
Bank of America reported better-than-expected earnings on Wednesday, driven by the strength of its retail banking...
Wednesday, 17 July 2019 15:46 WIB
The UK Consumer Prices Index (CPI) 12-month rate came in at 2.0% in June, when compared to 2.0% booked in May while coming in line with expectations of a 2.0% print, the UK Office for National Statistics (ONS) reported on Wednesday.
Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.8% y/y versus 1.7% booked in May while matching the consensus forecast...
Thursday, 18 July 2019 01:05 WIB
Gold futures climbed Wednesday to settle at their highest since May 2013, finding support from weakness in the dollar and expectations that the Federal Reserve will cut key interest rates later this month.
"The dollar has eased back a little...allowing buck-denominated gold and silver to break further higher," said Fawad Razaqzada, technical analyst at Forex.com. "As well as a weaker dollar,...