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
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 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 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 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...