Friday, 21 February 2020
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GLOBAL
Google Updates Terms in Plain Language After EU Scrutiny
Thursday, 20 February 2020 23:34 WIB

Google is attempting to make sure people know exactly what they're signing up for when they use its online services ” though that will still mean reading a lengthy document. The company updated its terms of service on Thursday ” its largest update to the general use contract since 2012 ” in...

MARKET UPDATE
European stocks close lower as investors monitor coronavirus and weak earnings
Thursday, 20 February 2020 23:43 WIB

European markets closed lower Thursday despite a slowdown in the spread of the coronavirus in mainland China, as disappointing earnings weighed on investor sentiment. The pan-European Stoxx 600 closed down 0.86% to 430.19, with insurance stocks shedding 1.7% to lead losses while auto shares were...

ECONOMY
UK Retail Sales Rebound In January After Weak End To 2019
Thursday, 20 February 2020 16:55 WIB

British shoppers started spending again at the start of this year after a very sluggish end to 2019, adding to signs that improved sentiment since December's election is translating into stronger economic activity. Retail sales volumes rose 0.9% on the month in January on a seasonally adjusted...

GOLD CORNER
Gold Prices To Stay Healthy Amid Continuing Virus Worries
Monday, 17 February 2020 15:49 WIB

Voters in the weekly Kitco gold survey are bullish on the metal this week, citing gold's ability to hold up even when the dollar and equities strengthen, technical factors and ongoing worries about how the coronavirus could impact the global economy. Seventeen market professionals took part in...

COMMODITY
Oil Steady After 7-Day Rally on Supply Outlook and Stimulus Hope
Thursday, 20 February 2020 19:40 WIB

Oil steadied in London after the longest rally in a year on signs of tighter global supply, and hopes that Chinese economic stimulus will cushion fuel demand from the impact of the coronavirus. Brent traded near $59 a barrel after gaining 11% during a seven-day advance. The U.S. projected...

FISCAL & MONETARY
Fed officials more upbeat about the economic outlook this year, minutes show
Thursday, 20 February 2020 02:35 WIB

Federal Reserve officials and the central bank™s staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released Wednesday. The risks to the outlook were more favorable than had appeared at their meeting in...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
05.00 AUD Flash Manufacturing PMI 49.6
06.30 JPN National Core CPI y/y 0.7%
07.30 JPN Flash Manufacturing PMI (JPN) 48.8
11.30 JPN All Industries Activity m/m 0.9%
15.15 EUR French Flash Services PMI 51.0
MARKET CHART
Loco Gold Daily Chart (LGD)