Monday, 21 October 2019
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GLOBAL
Fighting Continues in Syria
Friday, 18 October 2019 23:31 WIB

Despite a U.S.-brokered cease-fire agreement, fighting continued Friday in northeast Syria. Loud bangs and gunfire could be heard, and smoke could be seen rising over the town of Ceylanpinar, a day after Turkey and the U.S. agreed to a five-day cease-fire in Turkey's offensive against Kurdish...

MARKET UPDATE
Hong Kong: Stocks Rise in Opening Trade
Monday, 21 October 2019 08:50 WIB

Hong Kong stocks started Monday with small gains after China's top negotiator hailed "substantial progress" in pushing through a partial trade deal with the United States. The Hang Seng Index added 0.08 per cent, or 21.84 points, to 26,741.42. The benchmark Shanghai Composite Index edged down...

ECONOMY
China's GDP growth slows to 6%, Industrial Production betters estimates
Friday, 18 October 2019 09:26 WIB

China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed. The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP...

GOLD CORNER
Gold prices to return to $1,500 levels soon - analysts
Monday, 14 October 2019 11:29 WIB

Even though gold was getting beaten up last Friday, analysts were still optimistic that the precious metal was going to return to its key $1,500 level soon. Gold fell more than 1% on Friday (10/11/19) with December Comex gold futures last trading near two-week lows at $1,487.70 an ounce. Upbeat...

COMMODITY
Oil Prices Dip on Weak Demand Outlook, Supply Concerns
Monday, 21 October 2019 08:32 WIB

Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month. Global benchmark Brent crude oil futures fell by 10 cents, or 0.2%, to $59.32 a barrel by 01:08 GMT. U.S. crude...

FISCAL & MONETARY
The RBA minutes: Board prepared to ease policy further if needed to support growth, jobs
Tuesday, 15 October 2019 08:06 WIB

The Reserve Bank of Australia came with the Minutes for the RBA Board's 1 October meeting. Members commenced their discussion of global economic conditions by noting that heightened policy uncertainty was affecting international trade and business investment. This had continued to be apparent in...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.01 GBP Rightmove HPI m/m -0.2% 0.6%
06.50 JPN Trade Balance (JPN) -0.12T -0.10T
11.30 JPN All Industries Activity m/m 0.2%
Tentative EUR German Buba Monthly Report
MARKET CHART
Loco Gold Daily Chart (LGD)