Sunday, 24 March 2019
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GLOBAL
North Korea Withdraws from Liaison Office with South Korea
Saturday, 23 March 2019 04:33 WIB

North Korean has withdrawn its liaison office with South Korea. The North notified the South of the abrupt move Friday at the two Koreas' weekly meeting at their joint offices in the Northern city of Kaesong. South Korea Vice Unification Minister Chun Hae-sun told Reuters the North said the move...

MARKET UPDATE
Hong Kong stocks finish week with more gains (Review)
Saturday, 23 March 2019 04:40 WIB

Hong Kong stocks finished the week on a positive note Friday, taking their cue from a Wall Street rally, with investors now looking ahead to fresh high-level China-US trade talks next week. The Hang Seng Index rose 0.14 percent, or 41.80 points, to close at 29,113.36. The benchmark Shanghai...

ECONOMY
German flash manufacturing PMI hits 6-year lows of 44.7 in March, EUR drops sharply
Friday, 22 March 2019 16:26 WIB

German manufacturing activity grew at the weakest pace in six years in the month of March, the latest manufacturing activity report from IHS/Markit research showed this Friday. The German manufacturing purchasing managers index (PMI) slipped deeper into contraction territory and arrived at 44.7...

GOLD CORNER
Fed Meeting Will Not Be The Spark To Push Gold Prices Higher - Analysts
Monday, 18 March 2019 15:30 WIB

Once again the gold market is eking out a weekly gain as prices trade around the critical psychological level of $1,300 an ounce. However, according to some analyst, the market lacks a catalyst to push prices to last month's 10-month high. Although down from its highs, the market is still...

COMMODITY
Dollar Boosted as Economic Worries Undercut Euro
Saturday, 23 March 2019 04:23 WIB

The U.S. dollar climbed in Friday trading, as investors grappled with an inverted U.S. Treasury yield curve and another round of disappointing economic data in the eurozone region that put pressure on the euro. The ICE U.S. Dollar Index continued its climb after Thursday's gains and rose 0.1% to...

FISCAL & MONETARY
Bank of England leaves policy rate unchanged at 0.75% with unanimous vote as expected
Thursday, 21 March 2019 19:14 WIB

In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435 billion as well. Below are some key takeaways from the monetary policy statement. Since the...

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