Thursday, 04 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
China stocks fall on weak factory inflation, trade war worries

China stocks fell on Wednesday after the previous session™s rally, as weak factory inflation data and prospects of an escalation in the Sino-U.S. trade war curbed risk appetite.

The blue-chip CSI300 index fell 0.8%, to 3,691.10 points, while the Shanghai Composite Index lost 0.6%, to 2,909.38 points. China's factory gate inflation slowed amid sluggish commodity demand and faltering manufacturing activity, reinforcing worries about slowing economic growth.

In a sign that trade tensions could intensify, U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy while China vowed a tough response if the United States insists on escalating trade tensions.

Source : Reuters

RELATED NEWS
Hong Kong Stocks Rally Extends Into Fourth Day...
Thursday, 4 June 2020 09:09 WIB

Hong Kong shares climbed more than one percent at the open Thursday, pushing this week's rally into a fourth day on optimism over lockdowns easing, though investors will be keeping an eye on any prote...

Asia Stocks Rise as Optimism Remains Over Economic Recovery From Coronavirus Pandemic...
Thursday, 4 June 2020 07:38 WIB

Stocks in Asia rose in Thursday morning trade as optimism over the economic recovery from the coronavirus pandemic continued to keep investor sentiment afloat. South Korea™s Kospi led gains among t...

Tokyo Stocks Open Higher on Easing Lockdown Hopes...
Thursday, 4 June 2020 07:34 WIB

Tokyo stocks opened higher on Thursday, extending rallies on Wall Street backed by optimism about further easing of lockdowns in some pandemic-hit economies. The benchmark Nikkei 225 index was up 1.2...

Hong Kong Stocks Rise For Third Day (Review)...
Thursday, 4 June 2020 03:20 WIB

Hong Kong shares rallied for a third straight day Wednesday as the easing of lockdowns around the world overshadowed worries about China-US tensions. The Hang Seng Index climbed 1.37 percent, or 329....

Wall Street closes sharply higher on signs of economic rebound...
Thursday, 4 June 2020 03:16 WIB

Wall Street rallied broadly on Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic ...

LATEST NEWS
Gold Steadies After Biggest Drop in More Than a Month

Gold steadied after falling the most in more than a month as investors their lost appetite for havens amid a global stock rally driven by firming hopes for a swifter global economic recovery. Spot gold little changed at $1,700.36/oz at...

Hong Kong Stocks Rally Extends Into Fourth Day

Hong Kong shares climbed more than one percent at the open Thursday, pushing this week's rally into a fourth day on optimism over lockdowns easing, though investors will be keeping an eye on any protests in the city on the anniversary of the...

Euro Near Multi-Month High as Markets Bet on ECB Stimulus Boost

The euro held near multi-month highs against rival majors Thursday on expectations the European Central Bank will expand its bond buying programme later in the day to shore up the coronavirus-stricken economy. The euro's strength helped to push...

POPULAR NEWS
Gold Climbs As U.S. Riots Spark Safe-Haven Rush
Monday, 1 June 2020 16:00 WIB

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for...

Gold futures post second straight loss
Wednesday, 3 June 2020 01:24 WIB

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited...

Gold edges lower as investors play down U.S.-China tensions
Monday, 1 June 2020 19:54 WIB

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China...

Gold Prices See Subdued Rise, Buoyed By Weaker Dollar As Stocks Rally
Tuesday, 2 June 2020 19:23 WIB

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets...