Tuesday, 19 November 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
North Korea Says It Doesn't Want to Talk to US
Tuesday, 19 November 2019 11:04 WIB

North Korea said Monday that while it views the U.S. decision to postpone joint military drills with South Korea as "positive," the adoption of a U.N. resolution criticizing the North's human rights record has soured its desire to have denuclearization talks with Washington. "The U.S. dreams of...

MARKET UPDATE
Tokyo shares retreat as firmer yen weighs on exporters
Tuesday, 19 November 2019 09:57 WIB

Japan's stock benchmark Nikkei edged down on Tuesday as investors await clarity on the progress of U.S-China trade negotiations, with exporters pressured by a firmer yen against the dollar. The Nikkei share average dropped 0.2% to 23,361.35 in late-morning trade, and the broader Topix fell 0.1%...

ECONOMY
U.S. Retail Sales Rebound in October, But a Small Group of Stores Reap Most of the Gains
Friday, 15 November 2019 21:05 WIB

Sales at gas stations, car dealers and internet stores such as Amazon rose in October, but most other retailers posted weak results just before the start of the critical holiday shopping season. Retail sales increased 0.3% last month, the government said Friday, matching the forecast of...

GOLD CORNER
Unique split on Wall Street to keep investors guessing the gold price this week
Monday, 18 November 2019 11:02 WIB

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to...

COMMODITY
Gold holds steady amid lingering doubts over US-China trade deal
Tuesday, 19 November 2019 13:14 WIB

Gold held steady on Tuesday after hitting its highest in over one-and-a-half weeks, propped up by doubts about a trade deal between the United States and China. Spot gold was little changed at $1,470 per ounce as of 04:44 GMT. It had hit the highest level since Nov. 7 at $1,475.40. U.S. gold...

FISCAL & MONETARY
RBA minutes: Board prepared to ease policy further if needed (AUD lower)
Tuesday, 19 November 2019 07:55 WIB

The minutes from the RBA Board's 5th November meeting have been released which shows the RBA has an easing bias. AUD/USD is lower on the minutes, down -0.20% at the time of writing. Bored prepared to ease policy further if needed and case could be made for a rate cut at November meeting. Decided...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
04.00 U.S TIC Long-Term Purchases -41.1B 49.5B
07.30 AUD Monetary Policy Meeting Minutes (AUD) - -
14.00 CHF Trade Balance (CHF) 4.02B
16.00 EUR Current Account 26.6B
18.00 GBP CBI Industrial Order Expectations -37
MARKET CHART
Loco Gold Daily Chart (LGD)