Tuesday, 23 July 2019
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GLOBAL
Report: China's Huawei Helped Develop North Korean Wireless Network
Tuesday, 23 July 2019 08:20 WIB

Huawei Technologies, China's giant tech firm enmeshed in Beijing's trade dispute with the United States, secretly helped North Korea develop a commercial wireless network in recent years, The Washington Post reported Monday. The newspaper said that a review of internal company documents and...

MARKET UPDATE
Tokyo Shares Rise as Investors Await Earnings; Chip Sector Rallies
Tuesday, 23 July 2019 09:57 WIB

Japanese stocks edged higher on Tuesday morning, with the semiconductor sector leading the gains, tracking Wall Street moves, though trading remained thin ahead of the domestic earnings season for the April-June quarter. The benchmark Nikkei share average rose 1.0% to 21,622.78 in late morning...

ECONOMY
U.K. Retail Sales Unexpectedly Jump, Reversing Two-Month Drop
Thursday, 18 July 2019 15:48 WIB

U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note. The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by...

GOLD CORNER
Wall St., Main St. See Gold Prices Maintaining Upward Momentum
Monday, 22 July 2019 13:24 WIB

Wall Street and Main Street look for gold to keep building on its recent gains, according to the weekly Kitco News gold survey. The metal hit a fresh six-year high in screen trading after renewed dovishness from Federal Reserve officials last Thursday. œGold has not only continued its upward...

COMMODITY
Gold Drops as Silver Retreats From Near 13-Month High
Tuesday, 23 July 2019 09:36 WIB

Gold dropped after U.S. lawmakers agreed on a debt-limit deal, boosting investors™ appetite for risk. Silver retreated from near the highest level since June 2018. Spot gold -0.4% to $1,418.60/oz at 9:49am in Singapore. Price hit $1,453.09 on Friday, highest since May 2013....

FISCAL & MONETARY
Fed Chief Powell Says He Thinks Core Inflation Picked Up a Bit in June
Wednesday, 17 July 2019 00:16 WIB

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank now estimates that a key measure of core inflation increased in June to its highest level in four months but added that, despite the acceleration, inflation pressures œremain muted. In a speech to the Bank of France in...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
12.00 JPN BOJ Core CPI y/y 0.7%
17.00 GBP CBI Industrial Order Expectations -15
20.00 U.S HPI m/m 0.4%
21.00 U.S Existing Home Sales 5.34M
21.00 U.S Richmond Manufacturing Index 3
MARKET CHART
Loco Gold Daily Chart (LGD)