Thursday, 27 June 2019
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GLOBAL
Mueller to Testify in Open Congressional Hearing
Thursday, 27 June 2019 01:19 WIB

Former Special counsel Robert Mueller has agreed to provide open testimony before the U.S. House Judiciary Committee and the House Intelligence Committee next month. The chairmen of the two panels, Rep. Jerrold Nadler and Rep. Adam Schiff, announced in a letter late Tuesday that Mueller would...

MARKET UPDATE
Nikkei rises on hopes for progress in trade talks at G20
Thursday, 27 June 2019 10:04 WIB

Japan's Nikkei rose on Thursday on hopes for progress in U.S.-China trade talks as investors cautiously awaited the outcome of the G20 summit. The Nikkei share average rose 0.9% to 21,267.60 points by midmorning. Overall sentiment improved, with cyclical stocks and companies with large exposure...

ECONOMY
Durable-Goods Orders Drop 1.3% in May, But Business Investment Picks Up In Reassuring Sign
Wednesday, 26 June 2019 19:48 WIB

Orders for U.S. durable goods fell in May for the third time in four months, held down by a canceled deal for Boeing™s troubled 737 Max jet. Yet business investment perked up in a somewhat reassuring sign that companies haven™t frozen spending amid a tense trade fight with China and signs of a...

GOLD CORNER
You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts
Monday, 24 June 2019 15:44 WIB

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold...

COMMODITY
Gold Holds Decline as Investors Await Trump-Xi Meeting
Thursday, 27 June 2019 10:49 WIB

Gold held a drop as investors await the highly anticipated meeting between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 Summit in Japan for developments on the trade dispute. Trump is already weighing in. During an interview Wednesday with Fox Business Network,...

FISCAL & MONETARY
Powell says the Fed is 'grappling' with whether to cut interest rates
Wednesday, 26 June 2019 00:28 WIB

Federal Reserve Chairman Jerome Powell on Tuesday suggested an interest-rate cut in July, widely expected by investors and economists, is not a done deal. While greater uncertainty about trade and worries about global economy might be starting to show through to economic data, officials don™t...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN Retail Sales y/y 0.5% 1.2%
14.00 EUR Spanish Flash CPI y/y 0.8%
19.30 U.S Final GDP q/q (US) 3.1%
19.30 U.S Final GDP Price Index q/q 0.8%
19.30 U.S Unemployment Claims 2.4%
MARKET CHART
Loco Gold Daily Chart (LGD)