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POPULAR NEWS
Carney Says No-Deal Brexit Would Probably Lead to BOE Easing

A collapse of Brexit talks resulting in the U.K. leaving the European Union without a transition agreement would likely prompt the Bank of England to loosen monetary policy, Governor Mark Carney said. While the Monetary Policy Committee™s reaction would depend on how demand, supply and the exchange rate are hit, œthe appropriate policy path would be more likely to ease than not, Carney said in a speech at the Federal Reserve Symposium in Jackson Hole on Friday. Prime...

Oil prices slide 2.1% as US-China trade war escalates

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between the world™s two largest economies. Brent crude futures fell 50 cents, or 0.8%, to $59.40 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell $1.18, or 2.1%, to settle at $54.17 a barrel. China™s commerce ministry said it would impose additional tariffs of 5% or 10% on a total of 5,078 products...

Dow closes down more than 600 points after Trump orders U.S. companies to leave China

U.S. stocks ended the trading day sharply lower after President Trump escalated trade war rhetoric Friday, tweeting that he had "hereby ordered" U.S. companies "to immediately start looking for an alternative to China. The Dow Jones Industrial Average fell 614 points, or 2.6% to 25,633, the S&P 500 index lost about 75 points, or2.6% to 2,848 and the Nasdaq Composite lost 240 points, or 3% to close around 7,751. Trump's tweets were in apparent response to China announcing new tariffs of...

Hong Kong stocks finish week on positive note (Review)

Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts. The Hang Seng Index jumped 0.50 percent, or 130.61 points, to 26,179.33. The benchmark Shanghai Composite Index climbed 0.49 percent, or 13.99 points, to 2,897.43 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, was barely moved, inching down 0.21 points to...

UK wages rise by 3.6% 3m y/y in May, beat estimates
Tuesday, 16 July 2019 16:02 WIB | ECONOMY |Ekonomi inggris

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses bettered expectations, arriving at 3.6% 3m y/y in May versus 3.4% last and 3.5% expected while the gauge including bonuses came in at 3.4% 3m y/y in May versus 3.2% previous and 3.1% expected.

The Kingdom's official jobless rate steadied at 3.8% in May, while the claimant count change showed a much bigger-than-expected increase.

The number of people claiming jobless benefits rose by 38k in June, against expectations of a 22.8k increase and +24.5k (revised from +23.2k) seen previously. The claimant count rate edged higher to 3.2%.

Source : Fxstreet

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POPULAR NEWS
Carney Says No-Deal Brexit Would Probably Lead to BOE Easing

A collapse of Brexit talks resulting in the U.K. leaving the European Union without a transition agreement would likely prompt the Bank of England to loosen monetary policy, Governor Mark Carney said. While the Monetary Policy Committee™s reaction would depend on how demand, supply and the exchange rate are hit, œthe appropriate policy path would be more likely to ease than not, Carney said in a speech at the Federal Reserve Symposium in Jackson Hole on Friday. Prime...

Oil prices slide 2.1% as US-China trade war escalates

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between the world™s two largest economies. Brent crude futures fell 50 cents, or 0.8%, to $59.40 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell $1.18, or 2.1%, to settle at $54.17 a barrel. China™s commerce ministry said it would impose additional tariffs of 5% or 10% on a total of 5,078 products...

Dow closes down more than 600 points after Trump orders U.S. companies to leave China

U.S. stocks ended the trading day sharply lower after President Trump escalated trade war rhetoric Friday, tweeting that he had "hereby ordered" U.S. companies "to immediately start looking for an alternative to China. The Dow Jones Industrial Average fell 614 points, or 2.6% to 25,633, the S&P 500 index lost about 75 points, or2.6% to 2,848 and the Nasdaq Composite lost 240 points, or 3% to close around 7,751. Trump's tweets were in apparent response to China announcing new tariffs of...

Hong Kong stocks finish week on positive note (Review)

Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts. The Hang Seng Index jumped 0.50 percent, or 130.61 points, to 26,179.33. The benchmark Shanghai Composite Index climbed 0.49 percent, or 13.99 points, to 2,897.43 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, was barely moved, inching down 0.21 points to...

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