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 stocks close sharply higher (Review)
Wednesday, 27 May 2020 03:32 WIB

Hong Kong shares rallied Tuesday as worries over a controversial Chinese security law proposed for the city were overshadowed by hopes for the global economy as governments continue to ease lockdown restrictions. The Hang Seng Index jumped 1.88 percent, or 432.42 points, to 23,384.66. The...

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
Oil jumps more than 3% as faith in supply cuts grows
Wednesday, 27 May 2020 01:49 WIB

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing. Brent crude futures were up 2 cents at $35.55 a barrel. West Texas Intermediate (WTI) crude futures...

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 -3.0%
14.30 EUR ECB President Lagarde Speaks - -
21.00 U.S Richmond Manufacturing Index -53
MARKET CHART
Loco Gold Daily Chart (LGD)