Wednesday, 24 July 2019
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GLOBAL
Boris Johnson to Be Britain's Next Prime Minister
Wednesday, 24 July 2019 08:39 WIB

Britain's Conservative Party announced Tuesday that Boris Johnson has won the election to be its new leader and become the country's next prime minister. Johnson defeated British Foreign Secretary Jeremy Hunt in the voting that ended Monday night by a margin of 66% to 34%. "We are going to unite...

MARKET UPDATE
Japanese Shares Tick Up on US.-China Trade Hopes
Wednesday, 24 July 2019 10:18 WIB

Japanese share prices edged up on Wednesday after a news report that U.S. trade negotiators will meet Chinese counterparts in Shanghai next week prompted investors to buy back cyclical shares such as carmakers, shippers and machinery makers. The Nikkei share average rose 0.5% to 21,728.87 while...

ECONOMY
U.K. Retail Sales Unexpectedly Jump, Reversing Two-Month Drop
Thursday, 18 July 2019 15:48 WIB

U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note. The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by...

GOLD CORNER
Wall St., Main St. See Gold Prices Maintaining Upward Momentum
Monday, 22 July 2019 13:24 WIB

Wall Street and Main Street look for gold to keep building on its recent gains, according to the weekly Kitco News gold survey. The metal hit a fresh six-year high in screen trading after renewed dovishness from Federal Reserve officials last Thursday. œGold has not only continued its upward...

COMMODITY
Gold Steadies as Investors Weigh Trade Talks, Fed Meet
Wednesday, 24 July 2019 09:10 WIB

Gold steadied investors as weighed the prospect of a restart in U.S.-China trade talks against next week™s Federal Reserve policy meeting, at which borrowing costs may be reduced for the first time in more than a decade. Silver advanced for the eighth time in the nine sessions. Spot...

FISCAL & MONETARY
Fed Chief Powell Says He Thinks Core Inflation Picked Up a Bit in June
Wednesday, 17 July 2019 00:16 WIB

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank now estimates that a key measure of core inflation increased in June to its highest level in four months but added that, despite the acceleration, inflation pressures œremain muted. In a speech to the Bank of France in...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.00 AUD Flash Manufacturing PMI 52.0 51.4
07.30 JPN Flash Manufacturing PMI (JPN) 49.3 49.6
14.15 EUR French Flash Services PMI 52.9
14.15 EUR French Flash Manufacturing PMI 51.9
14.30 EUR German Flash Manufacturing PMI 45.0
MARKET CHART
Loco Gold Daily Chart (LGD)