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Shanghai Stocks Rally after Supporting Remarks (Review)
Saturday, 20 October 2018 03:35 WIB

Shanghai stocks rebounded from early losses to surge more than two percent Friday after top economic officials made rare coordinated statements aimed at shoring up investor confidence in the country's troubled markets. The benchmark Shanghai Composite Index jumped 2.58 percent, or 64.05 points,...

China Economic Growth Slows More Than Expected in Third Quarter
Friday, 19 October 2018 09:19 WIB

Gross domestic product increased 6.5 percent in the third quarter from a year earlier, compared to 6.6 percent in a Bloomberg survey and down from the 6.7 percent pace in the previous quarter. Industrial output rose 5.8 percent last month from a year earlier, versus the forecast of 6...

Euro finds footing as EU softens Italy criticism
Saturday, 20 October 2018 03:10 WIB

Foreign exchange markets reflected an improvement in risk sentiment after sluggish data on Chinese economic growth was offset by words of support Chinese authorities on Friday. Also, a European Union official attempted to ease tensions with Italy over the government™s fiscal plans, helping...

May Says U.K. Could Extend Brexit Transition by a Few Months
Thursday, 18 October 2018 16:09 WIB

U.K. Prime Minister Theresa May said she is weighing a plan that would extend a transition period, which is already due to keep the U.K. bound to EU rules for 21 months after Brexit day, for a œmatter of months. œA further idea that has emerged is to create an option that extends the implementation period for a matter of months, May told reporters in Brussels on Thursday. œThis is not expected to be used because we are working to ensure that we have the future relationship in place by the end of 2020. I™m clear that I expect the implementation period to end at the...

Mega Millions Lottery Jackpot Inching Toward $1 Billion
Saturday, 20 October 2018 00:31 WIB

Americans have a chance -- a very slight chance -- when the Mega Millions lottery numbers are picked Friday night. The jackpot has been building since the last winning set of numbers was drawn in July and has climbed to an astounding $970 million and could exceed the billion-dollar mark by the...

Gold Rally Rolls On
Tuesday, 16 October 2018 04:14 WIB

On Friday we asked the question -- could the gold rally continue? The markets have spoken with a resounding yes. Gold traded as high as $1,237 this morning. The next key level to watch is $1,240. A breakout above brings $1,275 into play. The most important thing to remember now is not to chase...


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