Monday, 20 May 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
Trump: Fighting the US Will Be 'Official End of Iran'
Monday, 20 May 2019 10:16 WIB

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier,...

MARKET UPDATE
Hong Kong Stocks Close Down
Monday, 20 May 2019 15:29 WIB

Hong Kong stocks suffered another sell-off Monday as concerns about the rumbling China-US trade war overshadowed a broad advance across most of Asia. The Hang Seng Index fell 0.57 percent, or 158.85 points, to 27,787.61. The benchmark Shanghai Composite Index ended 0.41 percent, or 11.70 points,...

ECONOMY
U.S. Retail Sales Unexpectedly Fall Amid Weak Auto Purchases
Wednesday, 15 May 2019 19:53 WIB

U.S. retail sales unexpectedly declined in April for the second time in three months, weighed down by soft sales of autos and building materials and suggesting consumer spending will remain subdued this quarter. The value of overall sales declined 0.2% after a 1.7% increase the prior...

GOLD CORNER
Trade Wars Not Building Enough Fear To Push Investors Into Gold - Analysts
Monday, 13 May 2019 13:54 WIB

Heightened global trade tensions are pumping volatility into financial markets, but there is still not enough fear to drive gold prices materially higher, according to some analysts. Falling equity markets are helping gold prices end last week in positive territory, but the market remains trapped...

COMMODITY
Aussie Set For Biggest Rise in 2019 After Shock Election Win
Monday, 20 May 2019 16:00 WIB

The Australian dollar surged on Monday and is on track for its biggest rise this year as investors cheered a shock election win by Prime Minister Scott Morrison's conservative coalition, though mixed global stocks broadly weighed on risk appetite. The Aussie was last up 0.9% at $0.6926, having...

FISCAL & MONETARY
RBA Slashes Near-Term Growth Outlook as Employment Key to Rates
Friday, 10 May 2019 08:57 WIB

Australia's central bank slashed its near-term growth outlook and is relying on persistent jobs market strength to cushion a property-driven downturn in household spending. The economy is expected to expand 1.75% in the year through June versus 2.5% seen three months earlier, and is then forecast...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.01 GBP Rightmove HPI m/m 1.1% 0.9%
06.50 JPN Prelim GDP Price Index y/y -0.3% 0.2%
06.50 JPN Prelim GDP q/q 0.5% 0.5%
11.30 JPN Revised Industrial Production m/m -0.9% -0.6%
15.00 EUR Current Account 27.9B 24.7B
MARKET CHART
Loco Gold Daily Chart (LGD)