Gold held an advance as President Donald Trump showed no urgency to resolve the trade conflict with China, saying he wasn’t ready to make a deal, while investors awaited more clues... » read more
Hong Kong stocks opened lower on Wednesday, extending the previous day's losses and tracking a negative lead from Wall Street as investors await news of developments in the China-US trade spat. The... » read more
The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal... » read more
Oil was steady in Asian trading after a private-sector report indicated that U.S. crude supplies had tightened in the past week. Futures in New York rose 3 cents, after clawing back losses in... » read more
Tokyo stocks opened lower on Wednesday following losses on Wall Street amid lingering trade war concerns and falls in Europe on the political crisis engulfing Italy. The benchmark Nikkei 225 index... » read more
Hong Kong shares ended slightly lower on Tuesday after a four-day rally, with profit-taking offsetting fresh hopes for China-US trade talks. The Hang Seng Index slipped 0.23 per cent, or 60.30... » read more
U.S. stocks finished lower on Tuesday as geopolitical jitters and U.S. economic concerns hung over investors ahead of the Federal Reserve's Jackson Hole symposium at the end of the week. The... » read more
Front-month oil futures contracts settled higher for a third straight session on Tuesday, ahead of U.S. government data that are expected to reveal a weekly decline in domestic crude stockpiles,... » read more
Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted... » read more
Britain's Foreign Office says it is "extremely concerned" by reports that an employee at its Hong Kong consulate has been detained in mainland China. Hong Kong's local news website HK01 says... » read more
Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week. The Dow Jones Industrial Average traded 63 points lower, or 0.2%. The S&P 500 and Nasdaq... » read more
European stocks closed lower on Tuesday as worries heightened over Italy's mounting political crisis. The pan-European Stoxx 600 closed down 0.68% to 371.30, with the majority of sectors and major... » read more
U.S. stock indexes on Tuesday opened lower as investors appeared to await guidance from the Federal Reserve on monetary policy--a key catalysts for a market that has been beset by worries about an... » read more
Gold futures edged slightly higher Tuesday, gaining some ground a day after a rally in stocks helped to prompt some selling in bullion. Gold for December delivery rose $1.80, or 0.1%, to $1,513.40... » read more
Oil futures retreated on Tuesday, with crude prices pausing after a sharp run-up in the previous session that had been partly fueled by reports that Yemen's Houthi rebels launched a drone attack... » read more
French President Emmanuel Macron and Russian President Vladimir Putin held talks in southern France where they made progress on boosting peace talks for Ukraine but disagreed on other issues,... » read more
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Hong Kong stocks opened lower on Wednesday, extending the previous day's losses and tracking a negative lead from Wall Street as investors await news of developments in the China-US trade spat. The Hang Seng Index dipped 0.27 per cent, or 71.00 points, to 26,160.54 at the open. The benchmark...
Two gauges of manufacturing sentiment held their own in August, according to data released Thursday. The Philadelphia Fed manufacturing index fell slightly to a reading of 16.8 in August from 21.8 in July. Economists had expected a much bigger drop to 11.1, according to Econoday. The Empire...
Gold held an advance as President Donald Trump showed no urgency to resolve the trade conflict with China, saying he wasn™t ready to make a deal, while investors awaited more clues on monetary policy. Trump also renewed his call for a œbig Federal Reserve rate cut....
| Time | Country | Im | Figures | Previous | Forecast | Actual |
|---|---|---|---|---|---|---|
| 15.30 | GBP | M | Public Sector Net Borrowing | 6.5B | -3.7B | |
| 21.00 | U.S | L | Existing Home Sales | 5.27M | 5.41M | |
| 21.30 | U.S | L | Crude Oil Inventories | 1.6M | -1.4M | |
| Tentative | EUR | L | German 30-y Bond Auction | 0.30|1.1 |
Australia's central bank discussed unconventional monetary policies, including negative interest rates, at its August board meeting as it left the door ajar for further easing having already cut rates twice to 1%. Minutes of the Reserve Bank of Australia's (RBA) Aug.6 meeting showed it would consider further cuts to interest rates if it was needed to support growth and achieve its 2% to 3% inflation target. The RBA left interest rates at all-time lows earlier this month after easing by a quarter point in both June and July. Financial markets are fully priced for another rate cut to 0.75%...
Britain's Foreign Office says it is "extremely concerned" by reports that an employee at its Hong Kong consulate has been detained in mainland China. Hong Kong's local news website HK01 says the employee, identified as Simon Cheng, failed to return to the former British colony from the...
After three-straight weeks of gains, cracks are starting to appear in gold's bullish veneer, particularly among Wall Street analysts, according to the latest results of the Kitco News Weekly Gold Survey. It has been a volatile week for the precious metal as unprecedented recession fears and new...