Wednesday, 18 September 2019
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Tokyo
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GLOBAL
Chinese Envoy Heading to US to Prepare for New Round of Trade Talks
Tuesday, 17 September 2019 23:26 WIB

China says a government official will travel to the United States this week to lay the groundwork for the resumption of high-level trade talks next month. State-run Xinhua news agency says deputy finance minister Liao Min will arrive in Washington Wednesday for talks with counterparts from the...

MARKET UPDATE
Hong Kong Shares Suffer Fresh Losses
Wednesday, 18 September 2019 03:34 WIB

Hong Kong shares extended losses Tuesday on growing geopolitical fears after the weekend attack on Saudi oil facilities, while traders were also on edge over increasingly violent protests that have rocked the city for months. The Hang Seng Index lost 1.23 percent, or 334.31 points, to...

ECONOMY
US: Retail sales rose 0.4% in August vs. 0.2% expected
Friday, 13 September 2019 19:46 WIB

The data published by the US Census Bureau today revealed that retail and food services sail in August rose 0.4% on a monthly basis to $526.1 billion and beat the market expectation for an increase of 0.2%. On a yearly basis, retail sales grew by 4.1%. Total sales for the June 2019 through August...

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
U.S. Oil Futures Settle With a Loss of Nearly 6%
Wednesday, 18 September 2019 01:53 WIB

Oil futures declined Tuesday, with U.S. prices losing nearly 6%. The move follows news that Saudi Arabia's energy minister Prince Abdulaziz bin Salman said the kingdom has restored 50% of its production lost in the weekend attacks on its oil facilities and plans to see its output return to normal...

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) -0.13T
15.30 GBP CPI y/y (GBP) 2.1%
15.30 GBP PPI Input m/m 0.9%
15.30 GBP Core CPI y/y 1.9%
MARKET CHART
Loco Gold Daily Chart (LGD)