Wednesday, 27 May 2020
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GLOBAL
New York Times Marks 'Incalculable Loss' in US COVID Deaths
Wednesday, 27 May 2020 00:26 WIB

The U.S. death toll from the coronavirus is expected to reach 100,000 in a few days.  To mark the solemn landmark, the front page of the print version of the Sunday New York Times is a simple list of names of dead victims of the disease and brief personal details about them scoured from media...

MARKET UPDATE
Hong Kong Shares Start Slightly Higher
Wednesday, 27 May 2020 09:10 WIB

Hong Kong stocks opened on a positive note Wednesday, extending gains into a third day as traders continue to put the easing of global lockdowns above China-US tensions. The Hang Seng Index added 0.56 percent, or 130.48 points, to 23,515.14. China's benchmark Shanghai Composite Index was...

ECONOMY
U.K. Retail Sales Fall by a Record 18% in April, Clothing Sales Slump 50%
Friday, 22 May 2020 13:44 WIB

A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday. The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors...

GOLD CORNER
Wall St., Main St. Look for Gold to Regain its Luster
Monday, 25 May 2020 14:32 WIB

Wall Street and Main Street look for gold prices to rise this week, according to the weekly Kitco News gold survey. Traders and analysts who make up the Wall Street poll continued to cite the mass liquidity being dumped into the global economy to offset damage from the COVID-19 pandemic. Also,...

COMMODITY
Dollar Edges Higher As U.S.-China Worries Resurface
Wednesday, 27 May 2020 08:27 WIB

The dollar edged higher on Wednesday as worries about the U.S. response to China™s proposed security law for Hong Kong supported safe-haven demand for the greenback. The euro held gains against the dollar and the pound but faces a severe test when the European Commission is expected to release...

FISCAL & MONETARY
RBA's Lowe: Australian financial system is resilient and is well placed to deal with COVID-19
Thursday, 21 May 2020 09:53 WIB

Reserve Bank of Australia (RBA) Governor Philip Lowe is on the wires now, via Reuters, speaking on a panel at FINSIA's "The Regulators" Webinar. "Australian financial system is resilient and is well placed to deal with COVID-19." "Capital and liquidity buffers that exist are available to be...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
08.30 AUD Construction Work Done q/q -2.9% -1.0%
14.30 EUR ECB President Lagarde Speaks - -
21.00 U.S Richmond Manufacturing Index -53
MARKET CHART
Loco Gold Daily Chart (LGD)