|
U.S. consumer confidence wanes in June
The University of Michigan released its consumer confidence index for June, showing a drop to 93.5 from May's 94.3, while analysts expected 94.2.
Another index in the same survey tracking inflation expectations rose to 2.6% from 2.4%.
Thanks for your feedback.
The collapse of the pound sterling to the levels of 1985 after Britain's secession from the European Union
The pound fell broadly on Friday against most currencies and lost 11 percent against the US dollar surpassing the mark $ 1.35, marking the lowest level since 1985 after the British voted in a referendum yesterday in favor of the secession of their country from the European Union, which pushed Prime Minister Britain's David Cameron to offer his resignation, and the pound rose before the release of the results above the barrier of 1.50 $ for the first time since December 2015 but soon returned to the sharp decline with the succession of the issuance of initial results of the referendum.
MoreGold skyrockets to two-year high
Gold prices surged on Friday before the weekend, hitting a more than two-year high as demand spikes on safe harbors in the markets after Britain voted to leave the European Union.
MoreA sharp decline in European shares after Britain's referendum on its way towards its biggest loss since the global financial crisis
A sharp decline in European equities trades on Friday morning on its way towards its biggest daily loss since the global financial crisis in 2008, after the British referendum resulted the exit of the United Kingdom of the European Union.
More