Tuesday, 26 March 2019
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GLOBAL
Iran Floods Kill 20, Iranians Fault Government's Disaster Management
Tuesday, 26 March 2019 16:48 WIB

Iranian state media say flash floods killed 20 people in several regions on Monday, as Iranian social media users criticized the nation™s president and local authorities for their handling of the disaster. A spokesman for Iran's Crisis Management Organization told state news channel IRINN that...

MARKET UPDATE
Europe Stocks Close Higher as US Recession Fears Fade
Tuesday, 26 March 2019 23:49 WIB

European equities closed higher on Tuesday as fears over a possible recession faded and investors concentrated on corporate news. The pan-European Euro Stoxx 600 Index was higher by almost 0.8 percent at the closing bell at 377.15, with major bourses and sectors mostly in positive territory....

ECONOMY
Consumer confidence falls in March in another sign of economic anxiety
Tuesday, 26 March 2019 21:29 WIB

Consumer confidence fell sharply in March, adding to a recent up-and-down pattern that reflects greater worries about the U.S. economy. The consumer confidence index dropped to 124.1 from 131.4 in February, the Conference Board said Tuesday. That™s the second lowest rate in a year. Economists...

GOLD CORNER
Fed Meeting Will Not Be The Spark To Push Gold Prices Higher - Analysts
Monday, 18 March 2019 15:30 WIB

Once again the gold market is eking out a weekly gain as prices trade around the critical psychological level of $1,300 an ounce. However, according to some analyst, the market lacks a catalyst to push prices to last month's 10-month high. Although down from its highs, the market is still...

COMMODITY
British Pound Gains After Parliament Seizes Control of Brexit Process
Tuesday, 26 March 2019 23:37 WIB

The British pound on Tuesday strengthened against its main rivals as the U.K. Parliament seized control of the Brexit process late Monday, dealing a fresh blow to embattled Prime Minister Theresa May. In another reasonably close result, 329 members of Parliament voted in favor of so-called...

FISCAL & MONETARY
Bank of England leaves policy rate unchanged at 0.75% with unanimous vote as expected
Thursday, 21 March 2019 19:14 WIB

In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435 billion as well. Below are some key takeaways from the monetary policy statement. Since the...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
12.00 JPN BOJ Core CPI y/y 0.5% 0.4%
16.30 GBP High Street Lending 39.6K 35.3K
19.30 U.S Building Permits 1.32M 1.30M
19.30 U.S Housing Starts 1.27M 1.16M
20.00 U.S HPI m/m 0.3% 0.6%
MARKET CHART
Loco Gold Daily Chart (LGD)