Tuesday, 23 July 2019
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GLOBAL
French Submarine Found After Lost 50 Years Ago
Tuesday, 23 July 2019 19:11 WIB

The debris of a French submarine lost more than 50 years ago was found more than 45 kilometers from the ship's headquarters in the port of Toulon. Fifty-two sailors were on the submarine Compilation of ships lost in January 1968. "This is success, relief and technical achievement," French Defense...

MARKET UPDATE
Wall Street Opens Higher On Strong Coca-Cola, United Tech Earnings
Tuesday, 23 July 2019 20:45 WIB

U.S. stocks opened higher on Tuesday, lifted by upbeat earnings from blue-chip companies including Coca-Cola and United Technologies, that soothed concerns over the pace of economic growth. The Dow Jones Industrial Average rose 59.96 points, or 0.22%, at the open to 27,231.86. The S&P 500...

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
Oil Prices Drop as U.K. Calms Nerves Over Iran; U.S. Inventories on Tap
Tuesday, 23 July 2019 19:31 WIB

Oil prices gave back some recent gains on Tuesday as the U.K. offered a conciliatory tone its recent dispute with Iran in the Gulf, while markets prepped for the release of U.S. crude inventories. New York-traded West Texas Intermediate crude futures fell 24 cents, or 0.4%, to $55.98 a barrel by...

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
12.00 JPN BOJ Core CPI y/y 0.7% 0.6%
17.00 GBP CBI Industrial Order Expectations -15 -34
20.00 U.S HPI m/m 0.4% 0.1%
20.58 EUR Consumer Confidence -7 -7
20.59 U.S Richmond Manufacturing Index 3 -12
MARKET CHART
Loco Gold Daily Chart (LGD)