Tuesday, 10 December 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
Trump, House Democrats Close to Deal on Revisions to Trade Deal
Tuesday, 10 December 2019 19:01 WIB

News reports say House Democrats and the White House are close to agreeing on changes to a trade deal that the United States, Canada and Mexico signed last year but have not ratified. The United States-Mexico-Canada-Agreement, known as the USMCA, would replace the existing North American Free...

MARKET UPDATE
US Stock Futures Turn Sharply Lower
Tuesday, 10 December 2019 18:30 WIB

U.S. stock index futures turned sharply lower Tuesday morning. Around 6:10 a.m. ET, Dow futures indicated a negative open of more than 110 points. Futures on the S&P and Nasdaq were both slightly lower. Market focus is largely attuned to global trade developments, with five days to go before...

ECONOMY
ZEW Investor Sentiment Poll Reaches 21-Month High in December
Tuesday, 10 December 2019 17:37 WIB

The ZEW indicator of economic sentiment in Germany turned positive in December, rising to the highest level in 21 months. The ZEW registered a reading of 10.7 points, up from -2.1 in November. "This hope results from a higher than expected German foreign trade surplus in October, alongside...

GOLD CORNER
Little conviction in gold market as trade talks ebb and flow
Monday, 25 November 2019 11:27 WIB

Confusion and uncertainty dominates the gold market as traders and investors continue to react to shifting trade sentiment between China and the U.S. The latest Kitco News Weekly Gold Survey shows Wall Street analysts nearly caught in a three-way tie, while only a slight majority of retail...

COMMODITY
Oil Steady Near 12-Week High Amid Stockpile Drop, Trade Anxiety
Tuesday, 10 December 2019 19:34 WIB

Oil was steady near a 12-week high in New York, supported by signs of falling American crude inventories yet capped by continuing salvos in the U.S.-China trade dispute. West Texas Intermediate futures were little changed, after briefly surging on signs of economic confidence in Germany....

FISCAL & MONETARY
Australia Holds Rate as RBA Waits for Past Cuts to Flow Through
Tuesday, 3 December 2019 10:56 WIB

Australia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market. Reserve Bank Governor Philip Lowe and his board kept the cash rate at 0.75% Tuesday, in line with expectations of...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN M2 Money Stock y/y 2.4% 2.8%
07.30 AUD NAB Business Confidence 2 0
08.30 CHN CPI y/y (CHN) 3.8% 4.5%
08.30 CHN PPI y/y -1.6% -1.4%
12.59 JPN Prelim Machine Tool Orders y/y -37.4% -37.9%
MARKET CHART
Loco Gold Daily Chart (LGD)