Monday, 14 October 2019
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GLOBAL
Iran: Oil Tanker Struck by Rockets off Saudi Arabia
Friday, 11 October 2019 23:33 WIB

Two rockets struck an Iranian tanker traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened tensions between Tehran and the U.S. There was no word from Saudi Arabia on the reported attack, and...

MARKET UPDATE
Hong Kong Stocks Rally More Than 2% on Trade Hopes (Review)
Saturday, 12 October 2019 03:17 WIB

Hong Kong stocks surged more than two per cent Friday on optimism over China-US trade talks, while energy firms were boosted by a spike in oil prices after an Iranian tanker was hit by a double explosion in the Gulf. The Hang Seng Index jumped 2.34 per cent, or 600.51 points, to 26,308.44. The...

ECONOMY
U.S. Consumer Prices Trail Projections as Used-Car Costs Tumble
Thursday, 10 October 2019 20:04 WIB

A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months. The core consumer price index, which excludes food and...

GOLD CORNER
Don't go quietly into that good night: Wall Street, Main Street bullish on gold prices
Monday, 7 October 2019 13:14 WIB

Gold bulls are keeping the drive alive as both Wall Street analysts and Main Street investors remain firmly bullish on the yellow metal as the price has managed to regain the $1,500 level heading into the weekend, according to the latest Kitco News Weekly Gold Survey. For many analysts, gold's...

COMMODITY
Dollar Falls to Three-Month Low on Hopes of Brexit, U.S.-China Trade Deals
Saturday, 12 October 2019 03:02 WIB

The dollar dropped to a three-month low on Friday as safe-haven buying eased and risk sentiment improved on hopes of progress in trade negotiations between the United States and China, as well as increased chances of an orderly British exit from the European Union. Sterling rose to a more than...

FISCAL & MONETARY
ECB Meeting Account Shows Officials Far Apart on Stimulus
Thursday, 10 October 2019 19:52 WIB

European Central Bank officials were far apart on the elements of the monetary stimulus package that led to public acrimony after last month™s decision. The account of the Sept. 11-12 meeting showed some members of the Governing Council were ready to back an even deeper cut in interest...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
10th-14th CHN New Loans 1210B
All Day JPN Bank Holiday - -
All Day U.S Bank Holiday - -
Tentative CHN Trade Balance (CHN) 240B
MARKET CHART
Loco Gold Daily Chart (LGD)