Wednesday, 27 May 2020
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GLOBAL
NASA Will Launch Private Manned Space Aircraft
Wednesday, 27 May 2020 11:04 WIB

Officials of the American National Space Agency (NASA) said the weather seemed supportive for manned space flights supported on Wednesday (27/5), and the first in nine years from American soil. In a briefing from the Kennedy Space Center in Florida, NASA Chief Jim Bridenstine said that currently,...

MARKET UPDATE
Dow futures jump 300 points as Wall Street looks set to continue Tuesday's reopening rally
Wednesday, 27 May 2020 16:33 WIB

U.S. stock futures pointed to more gains at Wednesday's open. Optimism about the reopening of the economy and a potential coronavirus vaccine offset concerns about rising U.S.-China tensions. Recent hopes for a return to normal consumer habits have pushed the Dow Jones Industrial Average and...

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
Dollar gains and yuan hits nine-month low as U.S.-China tensions return
Wednesday, 27 May 2020 15:17 WIB

The U.S. dollar edged higher on Wednesday and China's yuan hit a near nine-month low as worries about the U.S. response to China™s proposed security law for Hong Kong injected a more cautious tone into foreign exchange markets. The U.S. currency had fallen sharply on Tuesday as strong risk...

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
08.30 AUD Construction Work Done q/q -2.9% -1.0%
14.30 EUR ECB President Lagarde Speaks - -
21.00 U.S Richmond Manufacturing Index -53
MARKET CHART
Loco Gold Daily Chart (LGD)