Monday, 01 June 2020
Jakarta
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Tokyo
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Hongkong
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GLOBAL
Tokyo Set to Allow More Businesses to Reopen
Monday, 1 June 2020 08:31 WIB

Tokyo officials announced Friday that, beginning Monday, they will allow additional businesses, including theaters, cinemas, fitness gyms and retailers to reopen after a coronavirus state of emergency ended this week. Earlier this week, Prime Minister Shinzo Abe declared an end to a seven-week...

MARKET UPDATE
U.S. Stock-Market Futures Knocked Around As U.S. Cities Rocked By Protests Amid Pandemic
Monday, 1 June 2020 16:05 WIB

U.S. stock-index futures bounced around in thin trading early Monday morning, amid violent protests that reverberated throughout the country. The clashes between police and protesters come while the U.S., and much of the world, is in the throes of the coronavirus pandemic that has rocked the...

ECONOMY
U.S. GDP Contracted 5% in First Quarter Instead of 4.8%
Thursday, 28 May 2020 19:53 WIB

The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward revision, the Commerce Department said. Looking ahead, economists surveyed by MarketWatch predict GDP...

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
Gold Climbs As U.S. Riots Spark Safe-Haven Rush
Monday, 1 June 2020 16:00 WIB

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support. Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures...

FISCAL & MONETARY
Powell Says The Fed is 'Days Away' from Making The First Loans in The Main Street Lending Facility
Friday, 29 May 2020 22:56 WIB

Federal Reserve Chairman Jerome Powell said the central bank's long-awaited program to lend to small- and medium-sized businesses is about to get off the ground. The Main Street lending facility, which will target companies with up to 15,000 employees, has been difficult to set up but is just...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
07.30 JPN Final Manufacturing PMI (JPN) 38.4 38.4
08.45 CHN Caixin Manufacturing PMI 49.4 50.7
14.15 EUR Spanish Manufacturing PMI 30.8 38.3
14.45 EUR Italian Manufacturing PMI 31.1 45.4
15.30 GBP Final Manufacturing PMI 40.6 40.7
MARKET CHART
Loco Gold Daily Chart (LGD)