Asian shares ease as Trump rekindles Sino-U.S. trade tensions
Friday, 12 July 2019 08:36 WIB |
MARKET UPDATE |MSCI Asia PacificSaham Asia
Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Federal Reserve rate cut later this month kept losses in check.
Those bets remained strong despite a rise in U.S. consumer inflation in June, and helped to lift the S&P 500 index to a record closing on Thursday. S&P 500 e-mini futures were last up 0.21% at 3,010.25.
Federal Reserve Chairman Jerome Powell indicated on Thursday that a rate cut is likely at the Fed™s next meeting as businesses slow investment due to trade disputes and a global growth slowdown.
On Friday, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.05% in early deals, with Australian shares dipping 0.16% and Japan's Nikkei stock index trimming 0.11%.
Source : Reuters
Saturday, 7 December 2019 04:32 WIB
Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal.
The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37.
The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 po...
Saturday, 7 December 2019 04:24 WIB
U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement.
The Dow Jones Industrial Average gained 337 ...
Saturday, 7 December 2019 00:15 WIB
European stocks closed higher Friday as investors digested a better-than-expected nonfarm payrolls report from the U.S.
The pan-European Stoxx 600 closed higher 1.16% to 407.35 with every sector in the black. Sentiment was boosted after data showed the U.S. economy added 266,000 jobs in November. E...
Friday, 6 December 2019 23:47 WIB
U.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low.
However, progress toward a partial U.S. - China trade deal rema...
Friday, 6 December 2019 21:43 WIB
Stocks rose sharply at the open Friday after a stronger-than-expected report on employment conditions in November.
The Dow Jones Industrial Average jumped 200 points, 0.7%, to open near 27,878, while the S&P 500 rose about 16 points or 0.5%, opening near 3,134. The Nasdaq was up about 63 points...