Friday, 22 November 2019 23:42 WIB
European stocks traded in positive territory on Friday despite mixed signals over the status of U.S.-China trade discussions.
The pan-European Stoxx 600 pared early gains to trade 0.5% higher at 404.02 by late-afternoon, following weak economic data out of the euro zone. Basic resources stocks added 2.3% to lead gains as most sectors and major bourses advanced.
Against the backdrop of ongoing...
Friday, 22 November 2019 22:12 WIB
IHS Markit said its flash manufacturing purchasing managers index rose to 52.2 in November from 51.3 in October. This is the fastest rate since April.
Meanwhile the flash services purchasing managers index in November rose to 51.6 from 50.6. This is the quickest expansion since July.
Any reading above 50 indicates improving conditions. The flash estimate is typically based on approximately...
Saturday, 23 November 2019 03:43 WIB
When nothing looks clear, just hold. That seems to be the guide for gold traders these days as the constant back-and-forth in U.S.-China trade negotiations continues to send signals, mostly conflicting, to the market.
Gold futures settled flat on Friday, while bullion dipped a tad after China™s President Xi Jinping said Beijing wanted a deal with the United States. But he said China will...