Thursday, 26 April 2018
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GLOBAL
DACA Supporters Hail Court Order Preserving Program
Thursday, 26 April 2018 09:44 WIB

U.S. lawmakers who back a program shielding young undocumented immigrants from deportation hailed a lower court's order cementing Deferred Action for Childhood Arrivals in place. "Beyond what the judges say, it's what the [American] people say. People want the Dreamers to be able to live in this...

MARKET UPDATE
Stock Declines Ease as Results Roll In; Oil Climbs
Thursday, 26 April 2018 14:40 WIB

European stocks edged lower following a mixed session across Asia as investors grappled with a flood of company earnings. The dollar pulled back from its highest in three months, Treasuries fluctuated, and oil gained. The Stoxx Europe 600 Index declined 0.1 percent as of 8:09 a.m. London time,...

ECONOMY
New-Home Sales Roar to a 4-Month High in March
Tuesday, 24 April 2018 21:24 WIB

New-home sales ran at a 694,000 seasonally adjusted annual rate in February, the Commerce Department said Tuesday. Sales of newly-constructed homes surged, and earlier estimates were revised up, painting a rosier picture of the housing market than many economists had expected. The 694,000 rate in...

GOLD CORNER
Gold On The Defensive - Peter Hug
Tuesday, 24 April 2018 05:44 WIB

On holiday last week, I am missing the nuance of the past few trading days. We suggested that the technical picture was looking positive with the caveat that $1,355 on a close basis was necessary to create further upside momentum. Looking at last week's charts, traders were unable to push gold...

COMMODITY
Gold Holds Near Five-Week Low as Dollar Strengthens
Thursday, 26 April 2018 12:11 WIB

Gold holds drop after dollar strengthens to 3-month high and Treasury prices extend losses. Bullion for immediate delivery little changed at $1,323.71/oz at 12:47pm in Singapore after closing at lowest since March 20: Bloomberg generic pricing. Bloomberg Dollar Spot Index...

FISCAL & MONETARY
PBOC Cuts Reserve Ratio in Tweak to Steady China Bank Liquidity
Wednesday, 18 April 2018 08:45 WIB

The People Bank of China said it will cut the reserve-requirement ratio for some banks to reduce their funding costs and in turn help ease conditions for businesses and individuals. The 1 percentage point reduction takes effect April 25, the central bank said late Tuesday. About 900 billion yuan...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
08.30 AUD Import Prices q/q (AUD) 2.0% 2.1%
14.00 EUR Spanish Unemployment Rate 16.6% 16.7%
15.30 GBP High Street Lending 38.1K
16.00 EUR Italian Prelim CPI m/m
17.00 GBP CBI Realized Sales -8
MARKET CHART
Loco Gold Daily Chart (LGD)