Thursday, 04 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
Brazil Posts New Record of Coronavirus Deaths in Single Day
Thursday, 4 June 2020 10:17 WIB

Brazil announced Tuesday that it has recorded another one-day record of coronavirus deaths. The Health Ministry said it had confirmed another 1,262 COVID-19 deaths, bringing the total death toll to 31,199, with the number of total confirmed cases now at 555,383, second only to the United States,...

MARKET UPDATE
Tokyo Shares Lose Steam But Near 3-Month High on Rebound Hopes, Weaker Yen
Thursday, 4 June 2020 11:21 WIB

Japanese stocks drifted near their more than three-month highs on Thursday on signs of an economic rebound from a coronavirus-led slump and a weakening yen, with the rally losing steam as investors locked in profits. The benchmark Nikkei average gained a marginally 0.08% to 22,631.01 by the...

ECONOMY
U.S. Services Sector Off 11-Year Trough
Wednesday, 3 June 2020 21:19 WIB

U.S. services industry activity pushed off an 11-year low in May, but businesses appeared in no rush to rehire workers as they reopen, supporting views the economy could take years to recover from the devastation caused by the COVID-19 crisis. The Institute for Supply Management (ISM) said on...

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 Rises on Political Frictions, Weaker Dollar
Thursday, 4 June 2020 11:31 WIB

Gold prices gained from last session™s fall on lingering political tensions and a weaker dollar, but were still near their lowest in over a week as equities were set to extend their gains on economic optimism. Spot gold rose 0.4% to $1,703.67 per ounce, as of 0212 GMT. On Wednesday, it fell...

FISCAL & MONETARY
Australia Central Bank Pins Hope on Quicker Economic Recovery After Pandemic Shutdown
Tuesday, 2 June 2020 13:25 WIB

Australia™s central bank held rates at all-time lows on Tuesday and sounded less gloomy as the economy gradually re-opens during what is likely to be the worst quarter since the Great Depression. The Reserve Bank of Australia (RBA) left rates at 0.25% at its monthly policy meeting in a widely...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
08.30 AUD Retail Sales m/m -17.9% -17.7%
08.30 AUD Trade Balance (AUD) 10.45B 8.80B
10.35 JPN 30-y Bond Auction 0.45|3.7 0.53|2.8
13.30 CHF CPI m/m (CHF) -0.4%
14.15 EUR Spanish Services PMI 7.1
MARKET CHART
Loco Gold Daily Chart (LGD)