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HK stocks post biggest weekly loss in 3 months amid trade war fears (Review)
Saturday, 23 June 2018 04:10 WIB

Hong Kong™s benchmark stock index ended slightly higher on Friday, but posted its biggest weekly loss in three months amid escalating trade tensions between Beijing and Washington. The Hang Seng index rose 0.2 percent to 29,338.70, while the China Enterprises Index lost 0.2 percent to 11,339.87...

Euro Area Growth Unexpectedly Quickens as Slowdown Risks Persist
Friday, 22 June 2018 15:49 WIB

Economic momentum in the euro area unexpectedly picked up in June, although worrying signs persist for the common-currency region, IHS Markit said Friday. A composite purchasing managers' index climbed to 54.8 from 54.1 in May. The median estimate in a Bloomberg survey...

Oil Ends Week With a Rally After OPEC Agrees to Smaller-Than-Expected Production Boost
Saturday, 23 June 2018 03:03 WIB

Oil prices rallied Friday, with U.S. prices jumping nearly 6% for the week, as OPEC members agreed to raise output, but by an amount that appears to be less than traders had anticipated. August West Texas Intermediate crude on the New York Mercantile Exchange rose $3.04, or 4.6%, to settle at...

Bank of England Keeps Rate Unchanged as Haldane Supports Hike
Thursday, 21 June 2018 18:13 WIB

Bank of England Chief Economist Andy Haldane unexpectedly threw his support behind an immediate interest-rate increase, defying the majority of policy makers who voted to keep the rate unchanged. The Monetary Policy Committee held bank rate at 0.5 percent, as predicted by all 61 economists in a Bloomberg survey. But in a surprise a 6-3 vote, Haldane joined Ian McCafferty and Michael Saunders in calling for a quarter-point hike. That's the first time a BOE chief economist has dissented since 2011. Policy makers led by Governor Mark Carney also voted...

Europe to Impose New Tariffs on US Goods
Saturday, 23 June 2018 00:16 WIB

The European Union is set to impose tariffs Friday on billions of dollars worth of American goods -- including jeans, bourbon and motorcycles. The action is the latest retaliation against U.S. President Donald Trump's decision to slap import tariffs on steel and aluminum from around the...

Wall. St., Main St. See Higher Gold Prices
Monday, 18 June 2018 17:03 WIB

Wall Street and Main Street both look for gold prices to rise this week, based on the Kitco News weekly survey. The metal was range-bound for much of last week before tumbling with other commodities on Friday amid U.S. dollar strength as U.S.-China trade-war worries intensified again. Other...


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