Thursday, 23 May 2019
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GLOBAL
UK, Japan Mobile Operators Suspend Huawei 5G Phone Launches
Thursday, 23 May 2019 10:39 WIB

British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company. Britain's EE and Vodafone and Japan's KDDI and Y! Mobile said they are pausing the launch of...

MARKET UPDATE
U.S. Stock Futures Drop as China Trade Spat Continues to Unsettle Investors
Thursday, 23 May 2019 16:09 WIB

Stock futures fell sharply on Thursday, amid investor concern that trade tensions between the U.S. and China could get much worse before they improve. Dow Jones Industrial Average futures fell 158 points, or 0.6%, to 25,615, while S&P 500 futures fell 18.40 points, or 0.6%, to 2,839....

ECONOMY
German economy rebounded due to domestic demand
Thursday, 23 May 2019 14:38 WIB

The German economy rebounded in the first quarter after narrowly avoiding recession late last year, led by a strong rise in household consumption and a booming construction sector, the Federal Statistical Office said Thursday. Germany's gross domestic product--the broadest measure of goods and...

GOLD CORNER
'Gold Has Nothing To Stand On Right Now': Watch The $1,269 Price Level - Analysts
Wednesday, 22 May 2019 10:19 WIB

The U.S. dollar has been stealing gold's thunder again as it took on a role of a safe-haven, with analysts warning to keep a close eye on the $1,269 level, which if broken can be a gateway to even lower prices. The yellow metal has been struggling this week as equities rebounded, the U.S. dollar...

COMMODITY
Pound Slides as May Is Pushed Toward the Exit
Thursday, 23 May 2019 15:22 WIB

The dollar was higher across the board in early trade in Europe Wednesday, as the reportedly imminent exit of British Prime Minister Theresa May over the Brexit shambles depressed the pound and made for an awkward backdrop to European parliament elections that start today. At 03:00 AM ET (0700...

FISCAL & MONETARY
Fed minutes: Voters say patient stance can last 'for some time'
Thursday, 23 May 2019 01:16 WIB

The voting members of the Federal Open Market Committee seemed comfortable with their patient stance on interest rate, agreeing it could last for "some time," according to minutes of their April 30- May 1 meeting released Wednesday. Even if global economic and financial conditions improve, a...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
01.00 U.S FOMC Meeting Minutes - -
06.00 AUD Flash Manufacturing PMI 50.9 51.1
07.30 JPN Flash Manufacturing PMI (JPN) 50.2 49.6
13.00 EUR German Final GDP q/q 0.4% 0.4%
14.15 EUR French Flash Services PMI 50.5 51.7
MARKET CHART
Loco Gold Daily Chart (LGD)