Friday, 18 October 2019
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GLOBAL
Former Nazi Guard, 93, Goes on Trial in Germany
Friday, 18 October 2019 10:45 WIB

A 93-year-old former concentration camp guard went on trial in Germany Thursday for abetting in the murder of more than 5,000 people. Bruno Dey was 17 when he began working as a guard at the Stutthof camp near what was then Danzig, and is now Gdansk in Poland. Dey stands accused of being an...

MARKET UPDATE
Tokyo's Nikkei closes higher on US rallies
Friday, 18 October 2019 13:20 WIB

Tokyo's benchmark Nikkei index closed higher on Friday following rallies on Wall Street in cautious trade ahead of the British parliament's vote on a new Brexit deal. The Nikkei 225 index rose 0.18 percent, or 40.82 points, to 22,492.68, but the broader Topix index was down 0.13 percent, or 2.17...

ECONOMY
China's GDP growth slows to 6%, Industrial Production betters estimates
Friday, 18 October 2019 09:26 WIB

China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed. The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP...

GOLD CORNER
Gold prices to return to $1,500 levels soon - analysts
Monday, 14 October 2019 11:29 WIB

Even though gold was getting beaten up last Friday, analysts were still optimistic that the precious metal was going to return to its key $1,500 level soon. Gold fell more than 1% on Friday (10/11/19) with December Comex gold futures last trading near two-week lows at $1,487.70 an ounce. Upbeat...

COMMODITY
Oil prices dip as China posts slowest GDP growth in almost 3 decades
Friday, 18 October 2019 13:25 WIB

Oil prices fell on Friday after China, the world™s largest oil importer, recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States. Global benchmark Brent crude oil futures fell by 34 cents, 0.6%, to $59.57 a barrel by 0350...

FISCAL & MONETARY
The RBA minutes: Board prepared to ease policy further if needed to support growth, jobs
Tuesday, 15 October 2019 08:06 WIB

The Reserve Bank of Australia came with the Minutes for the RBA Board's 1 October meeting. Members commenced their discussion of global economic conditions by noting that heightened policy uncertainty was affecting international trade and business investment. This had continued to be apparent in...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.30 JPN National Core CPI y/y 0.5% 0.3%
09.00 CHN GDP q/y 6.2% 6.0%
09.00 CHN Fixed Asset Investment ytd/y 5.5% 5.4%
09.00 CHN Industrial Production y/y 4.4% 5.8%
09.00 CHN NBS Press Conference - -
MARKET CHART
Loco Gold Daily Chart (LGD)