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Hong Kong stocks have worst day in 6 weeks, developers tumble
Tuesday, 26 September 2017 04:02 WIB

Hong Kong stocks posted their biggest one-day loss in six weeks on Monday, with a slump in property shares hitting already fragile sentiment after the Federal Reserve™s hawkish stance and Standard & Poor™s downgrade of China™s credit rating last week. The Hang Seng index dropped 1.4...

Philly Fed manufacturing index accelerates in September
Thursday, 21 September 2017 20:00 WIB

Manufacturing conditions in the mid-Atlantic region accelerated in September and suggest an economy picking up steam, according to a new survey. The Philadelphia Fed said Thursday its manufacturing index rose to a reading of 23.8 from 18.9 in August. The economist consensus was for a reading of...

Oil Prices Rally; Brent Settles at a 2-Year High
Tuesday, 26 September 2017 02:13 WIB

Oil prices rallied Monday, with West Texas Intermediate crude marking a more than five-month high and Brent crude settling at its highest level since 2015. "Oil prices have been going higher in recent weeks due, first and foremost, to evidence that OPEC and Russia's efforts to reduce the...

ECB's Draghi growing confident about inflation rebound
Monday, 25 September 2017 21:09 WIB

The European Central Bank is growing increasingly confident that inflation will rise back to its target but patience is still needed, ECB President Mario Draghi said on Monday. Draghi singled out currency volatility as a source of uncertainty which requires monitoring and argued that the economy still needed to absorb slack, requiring œample ECB accommodation. œOverall, we are becoming more confident that inflation will eventually head to levels in line with our inflation aim, but we also know that a very substantial degree of monetary accommodation is still needed for the upward...

Iraqi Kurds Vote in Independence Referendum
Tuesday, 26 September 2017 06:29 WIB

Iraqi Kurds Monday voted in an independence referendum that is widely expected to yield an overwhelming œyes vote, even though the poll is facing objections from the government in Baghdad as well as neighboring countries and the United States. At the polls in the Kurdistan Regional capital,...

Mitsubishi: Gold Price 'Will Most Likely Once Again Break Above $1,300'
Monday, 25 September 2017 22:34 WIB

Mitsubishi looks for gold to regain the $1,300-an-ounce level due to political and geopolitical worries, assuming the U.S. dollar does not flex its muscles too much. The metal tends to move inversely to the greenback. The most-active Comex gold futures contract fell below $1,300 last week for the...


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