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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Gold futures fall for the session, gain 0.4% for the week

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong both technically and, more importantly, from a fundamental point of view," said Mark O'Byrne, research director at GoldCore. "From a technical point of view, gold looks very bullish with a series of...

Gold Edges Lower as Trade Deal Hopes Dent Haven Appeal

Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal. Gold for December delivery on Comex was off $5.30, or 0.4%, at $1,468.10 an ounce, while December silver declined 14.3 cents, or 0.8%, to $16.885 an ounce. Analysts tied weakness to remarks by White House economic adviser Larry Kudlow late Thursday, which stoked optimism for a deal without providing much in...

European Stocks Open Higher On US-China Trade Deal Hopes

European stocks opened higher Friday morning as traders digest optimistic sounds out of the White House on a prospective trade deal between the U.S. and China. The pan-European Stoxx 600 jumped 0.5% at 404.41 at the opening bell, with basic resources climbing 1.6% to lead gains as all sectors and major bourses traded in positive territory. White House economic adviser Larry Kudlow claimed on Thursday that phase one of a trade deal between the world™s two largest economies was œgetting...

U.K. Economy Begins 2019 on a Stronger-Than-Expected Footing
Tuesday, 12 March 2019 17:04 WIB | ECONOMY |Ekonomi inggrisGDP Inggris

The U.K. economy rebounded at a stronger-than- expected pace in January following a downbeat end to 2018, Office for National Statistics figures published Tuesday show.

Gross domestic product grew 0.5 percent, the biggest monthly gain in more than two years, after it shrank by 0.4 percent in December. It left growth in the latest three months at 0.2 percent, maintaining the pace recorded in the fourth quarter.

The comeback in January was broad based, with construction, manufacturing and the dominant services sector all increasing output following cutbacks in December.

The return of real wage growth is underpinning demand but the data may do little to boost optimism, as Brexit fears mount. PMI surveys point to growth of 0.1 percent in the first quarter, matching the weakest pace in over six years.

The figures come as Theresa May prepares to put her Brexit deal to another parliamentary vote Tuesday. The prime minister secured last-minute changes late Monday but it remains to be seen if they are enough to win the backing of lawmakers.

Exporters are struggling against a backdrop of global trade tensions and the weakest growth since the financial crisis, robbing them of the benefits of a cheaper pound. The trade deficit hit a 19-month high in January.

Source : Bloomberg

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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Gold futures fall for the session, gain 0.4% for the week

Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal. For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong both technically and, more importantly, from a fundamental point of view," said Mark O'Byrne, research director at GoldCore. "From a technical point of view, gold looks very bullish with a series of...

Gold Edges Lower as Trade Deal Hopes Dent Haven Appeal

Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal. Gold for December delivery on Comex was off $5.30, or 0.4%, at $1,468.10 an ounce, while December silver declined 14.3 cents, or 0.8%, to $16.885 an ounce. Analysts tied weakness to remarks by White House economic adviser Larry Kudlow late Thursday, which stoked optimism for a deal without providing much in...

European Stocks Open Higher On US-China Trade Deal Hopes

European stocks opened higher Friday morning as traders digest optimistic sounds out of the White House on a prospective trade deal between the U.S. and China. The pan-European Stoxx 600 jumped 0.5% at 404.41 at the opening bell, with basic resources climbing 1.6% to lead gains as all sectors and major bourses traded in positive territory. White House economic adviser Larry Kudlow claimed on Thursday that phase one of a trade deal between the world™s two largest economies was œgetting...

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