Wednesday, 18 September 2019
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GLOBAL
US Sues Whistleblower Snowden Over New Book
Wednesday, 18 September 2019 17:36 WIB

The United States is suing former CIA and NSA employee Edward Snowden for allegedly violating the nondisclosure agreement he signed before publishing his new book. The Justice Department accuses Snowden of failing to live up to the deal to submit the draft of "Permanent Record" to both agencies,...

MARKET UPDATE
Stocks open slightly lower ahead of Fed decision
Wednesday, 18 September 2019 20:48 WIB

U.S. stocks edged slightly lower at the opening bell Wednesday, as investors awaited the conclusion of a Federal Reserve policy meeting that's expected to deliver another quarter-point rate cut. The Dow Jones Industrial Average was down 88 points, or 0.3%, to 27,023, while the S&P 500 lost 9...

ECONOMY
U.K. CPI slows more than forecast to 1.7% growth rate
Wednesday, 18 September 2019 15:50 WIB

U.K. consumer prices slowed to 1.7% year-over-year growth in August from 2.1% in July, the Office for National Statistics said Wednesday. Economists polled by FactSet expected a 1.9% rise. Core CPI slowed to 1.5% from 1.9%. The ONS said the decline came from principally games, toys and hobbies,...

GOLD CORNER
Gold to keep bullish trend this week: ECB, U.S. data in focus
Monday, 9 September 2019 11:35 WIB

After a very volatile session, gold is closing with a second straight week of losses last Friday while analysts remain bullish but slightly more cautious for this week. Seeing gold hit new fresh six-year highs, then drop more than $50 on a weekly basis has been unnerving for traders. Yet,...

COMMODITY
EIA: US crude oil stocks increased by 1.1 million barrels
Wednesday, 18 September 2019 21:48 WIB

The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 1.1 million barrels in the week ending September 13 compared to analysts estimate for a draw of 2.5 million barrels. The market reaction to the EIA...

FISCAL & MONETARY
RBA Sees Risk of Property-Price Spike as House-Building Dwindles
Tuesday, 17 September 2019 09:03 WIB

Australia's central bank said there's potential for an upswing in home prices as dwelling construction weakens, while reiterating it's prepared to lower interest rates further. In minutes of its Sept. 3 policy meeting released in Sydney Tuesday, the Reserve Bank also noted that "the upward trend...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
03.00 U.S TIC Long-Term Purchases 100.6B 84.3B
06.50 JPN Trade Balance (JPN) -0.10T -0.13T
15.30 GBP CPI y/y (GBP) 2.1% 1.7%
15.30 GBP PPI Input m/m 0.6% -0.1%
15.30 GBP Core CPI y/y 1.9% 1.5%
MARKET CHART
Loco Gold Daily Chart (LGD)