US futures slightly higher as markets await Fed meeting
Tuesday, 19 March 2019 16:58 WIB

U.S. stock index futures traded slightly higher on Tuesday morning, broadly supported on expectations the Federal Reserve could strike a dovish tone later in the session. At around 3:35 a.m. ET, Dow futures were up 28 points, pointing to a higher open of more than 48 points. Futures on the S&P 500 and Nasdaq were also slightly higher. Market focus is largely attuned to central bank...

UK wages rose by 3.4% in January, beat expectations
Tuesday, 19 March 2019 16:48 WIB

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses met expectations, arriving at 3.4% 3m y/y versus 3.4% last and 3.4% expected while the gauge including bonuses came in at 3.4% 3m y/y versus 3.4% previous and 3.2% expected. The Kingdom™s official jobless rate dropped to 3.9% in January, while the claimant count change showed a...

Sterling Steadies After Brexit Blow; Dollar Drifts Lower Pre-Fed
Tuesday, 19 March 2019 15:42 WIB

The British pound is opening Tuesday on a firmer footing after losing nearly 1% against the dollar and euro on the latest outbreak of Brexit-related volatility. Sterling had slid after Prime Minister Theresa May™s plan to force another vote on her EU Withdrawal Agreement was struck down for procedural reasons by the Speaker of the House of Commons John Bercow. At 03:00 AM ET (0800 GMT), the...

US Wages Wide-Ranging Campaign to Block Huawei
Tuesday, 19 March 2019 17:47 WIB

Over the past several weeks, the U.S. government has launched a seemingly unprecedented campaign to block the Chinese telecom giant Huawei Technologies from competing in the global rollout of next-generation 5G mobile networking technology, claiming that the company is effectively an arm of the Chinese intelligence services. In an effort that has included top-level officials...

Fed's Powell says no immediate policy responses needed to economy
Monday, 11 March 2019 10:05 WIB

Reuters reported that the Federal Reserve Chair Jerome Powell said the Fed doesn™t see problems in the U.S. economy that warrant an immediate change in its policy and it will be careful not to shock financial markets as it stabilizes its bond portfolio. As per the news report, the Fed Chair appeared for a speech at the Stanford University during late-Friday and said,...


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