Tuesday, 18 June 2019
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GLOBAL
Pentagon Releases New Pictures Accusing Iran of Attacking 2 Oil Tankers
Tuesday, 18 June 2019 18:40 WIB

The U.S. Defense Department has released new photographs it says are more proof that Iran attacked two foreign oil tankers in the Gulf of Oman last week. The pictures show what the United States says are Iranian Revolutionary Guard forces taking an unexploded mine off the side of the...

MARKET UPDATE
Dow Futures Slightly Higher Ahead of Federal Reserve Meeting
Tuesday, 18 June 2019 17:23 WIB

U.S. stock index futures were slightly higher Tuesday morning, as market participants braced for the first day of the Federal Reserve™s interest rate meeting. At around 6:00 a.m. ET, Dow futures traded 56 points higher, indicating a positive open of more than 65 points. Futures on the S&P...

ECONOMY
Retail sales look strong, with a solid gain in May and upward revision to prior month
Friday, 14 June 2019 19:50 WIB

Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists...

GOLD CORNER
Wall St, Main St. Look For Still-Higher Gold Prices
Monday, 17 June 2019 14:43 WIB

Gold hit its highest levels in more than a year on Friday, and Wall Street and Main Street look for the momentum to continue this week, based on the weekly Kitco News gold survey. The metal has been underpinned by continuing trade tensions between the U.S. and its partners, resulting in worries...

COMMODITY
Gold Jumps Toward 14-Month High as Investors Bet on Dovish Central Banks
Tuesday, 18 June 2019 19:49 WIB

Gold prices on Tuesday jumped to the highest levels in more than a year as comments made in Portugal by European Central Bank President Mario Draghi ahead of a meeting of the Federal Reserve is seen as setting the stage for lower interest rates. August gold jumped $10.70, or 0.8%, to $1,353.60 an...

FISCAL & MONETARY
Draghi Says More Stimulus Needed If Outlook Doesn't Improve
Tuesday, 18 June 2019 15:17 WIB

ECB President Mario Draghi says risk outlook œremains tilted to the downside, and more stimulus will be needed if the outlook doesn™t improve. Says interest-rate cuts and more QE are part of its arsenal. ECB has headroom for more asset purchases. œThe prolongation of risks has...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
03.00 U.S TIC Long-Term Purchases -28.4B 46.9B
08.30 AUD Monetary Policy Meeting Minutes (AUD) - -
08.30 AUD HPI q/q -2.4% -3.0%
15.00 EUR ECB President Draghi Speaks - -
16.00 EUR German ZEW Economic Sentiment -2.1 -21.1
MARKET CHART
Loco Gold Daily Chart (LGD)