Monday, 25 May 2020
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GLOBAL
US Marks Memorial Day as Coronavirus Toll Nears 100,000
Monday, 25 May 2020 18:51 WIB

Monday is Memorial Day in the United States “ a day set aside to honor the hundreds of thousands of U.S. servicemen and women who sacrificed their lives for their country.   The flags that are flying at half-staff across the country Monday to honor those service members were, under...

MARKET UPDATE
Hong Kong Stocks Close Slightly Higher
Monday, 25 May 2020 15:35 WIB

Hong Kong stocks finished Monday with small gains, reversing a morning sell-off, but investors remain on edge after a weekend of protests in the city against a controversial security law proposed by Beijing. The Hang Seng Index added 0.10 percent, or 22.10 points, to 22,952.24. The benchmark...

ECONOMY
U.K. Retail Sales Fall by a Record 18% in April, Clothing Sales Slump 50%
Friday, 22 May 2020 13:44 WIB

A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday. The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors...

GOLD CORNER
Wall St., Main St. Look for Gold to Regain its Luster
Monday, 25 May 2020 14:32 WIB

Wall Street and Main Street look for gold prices to rise this week, according to the weekly Kitco News gold survey. Traders and analysts who make up the Wall Street poll continued to cite the mass liquidity being dumped into the global economy to offset damage from the COVID-19 pandemic. Also,...

COMMODITY
Gold Falls as Potential Japan Stimulus Boosts Risk Appetite
Monday, 25 May 2020 15:13 WIB

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh tensions over Hong Kong limited the metal™s fall. Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to...

FISCAL & MONETARY
RBA's Lowe: Australian financial system is resilient and is well placed to deal with COVID-19
Thursday, 21 May 2020 09:53 WIB

Reserve Bank of Australia (RBA) Governor Philip Lowe is on the wires now, via Reuters, speaking on a panel at FINSIA's "The Regulators" Webinar. "Australian financial system is resilient and is well placed to deal with COVID-19." "Capital and liquidity buffers that exist are available to be...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
13.00 EUR German Final GDP q/q -2.2% -2.2%
15.00 EUR German Ifo Business Climate 74.3 79.5
20.00 EUR Belgian NBB Business Climate -36.1
All Day GBP Bank Holiday - -
All Day U.S Bank Holiday - -
MARKET CHART
Loco Gold Daily Chart (LGD)