Tuesday, 10 December 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
Trump, House Democrats Close to Deal on Revisions to Trade Deal
Tuesday, 10 December 2019 19:01 WIB

News reports say House Democrats and the White House are close to agreeing on changes to a trade deal that the United States, Canada and Mexico signed last year but have not ratified. The United States-Mexico-Canada-Agreement, known as the USMCA, would replace the existing North American Free...

MARKET UPDATE
U.S. Stocks Open Lower as Investors Eye Report of December Tariff Delay
Tuesday, 10 December 2019 21:43 WIB

U.S. stocks opened slightly lower on Tuesday even after news reports indicated both Washington and Beijing were preparing to delay tariffs due to kick in on Dec. 15. Stock-market futures were trading sharply lower in the morning but shed their losses towards the opening bell. The S&P 500...

ECONOMY
ZEW Investor Sentiment Poll Reaches 21-Month High in December
Tuesday, 10 December 2019 17:37 WIB

The ZEW indicator of economic sentiment in Germany turned positive in December, rising to the highest level in 21 months. The ZEW registered a reading of 10.7 points, up from -2.1 in November. "This hope results from a higher than expected German foreign trade surplus in October, alongside...

GOLD CORNER
Little conviction in gold market as trade talks ebb and flow
Monday, 25 November 2019 11:27 WIB

Confusion and uncertainty dominates the gold market as traders and investors continue to react to shifting trade sentiment between China and the U.S. The latest Kitco News Weekly Gold Survey shows Wall Street analysts nearly caught in a three-way tie, while only a slight majority of retail...

COMMODITY
Gold Extends Post-Payrolls Recovery on Trade Fears
Tuesday, 10 December 2019 21:16 WIB

Gold prices rose again on Tuesday as fears spread that the U.S. and China won™t sign an interim trade deal before the next round of U.S. import tariffs kicks in on Sunday. Commerce Secretary Wilbur Ross, who already said last week that it would be better to postpone a trade deal with China...

FISCAL & MONETARY
Australia Holds Rate as RBA Waits for Past Cuts to Flow Through
Tuesday, 3 December 2019 10:56 WIB

Australia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market. Reserve Bank Governor Philip Lowe and his board kept the cash rate at 0.75% Tuesday, in line with expectations of...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN M2 Money Stock y/y 2.4% 2.8%
07.30 AUD NAB Business Confidence 2 0
08.30 CHN CPI y/y (CHN) 3.8% 4.5%
08.30 CHN PPI y/y -1.6% -1.4%
12.59 JPN Prelim Machine Tool Orders y/y -37.4% -37.9%
MARKET CHART
Loco Gold Daily Chart (LGD)