Friday, 10 July 2020
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GLOBAL
WHO Launches Independent Pandemic Response Evaluation Panel
Friday, 10 July 2020 10:45 WIB

The World Health Organization Thursday named former New Zealand Prime Minister Helen Clark and former Liberian President Ellen Johnson Sirleaf to lead an independent panel to evaluate the agency™s response to the COVID-19 pandemic.  Speaking to a briefing of member states from WHO...

MARKET UPDATE
Hong Kong Stocks Open Sharply Lower
Friday, 10 July 2020 08:56 WIB

Hong Kong shares started Friday with a loss on fresh fears over the spread of coronavirus, which sparked a big sell-off on the Dow on Wall Street. The Hang Seng Index slipped 1.06 percent, or 278.38 points, to 25,931.78. The benchmark Shanghai Composite Index shed 0.92 percent, or 31.66 points,...

ECONOMY
U.S. Initial Jobless Claims Fell Last Week by More Than Forecast
Thursday, 9 July 2020 19:43 WIB

Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases. Initial jobless claims in regular state programs fell by 99,000 to...

GOLD CORNER
Gold price bull rally: the drive is alive
Monday, 6 July 2020 13:40 WIB

Gold achieved an important milestone this past week as priced pushed above $1,800 an ounce for the first time since 2011 and with strong fundamentals and what appears to be an unstoppable uptrend, retail investors and Wall Street analysts are significantly bullish on gold. Of the 17 Wall Street...

COMMODITY
Gold's Rally Stretches to 5th Week on Virus Resurgence
Friday, 10 July 2020 09:39 WIB

Gold held above $1,800 an ounce and headed for a fifth weekly advance as concerns about a resurgence in coronavirus cases bolstered demand for a haven. The U.S. outbreak shows no signs of abating, with new daily cases topping 60,000 for the first time and record deaths in Florida...

FISCAL & MONETARY
RBA Highlights Recovery Uncertainties as Second Wave Threatens
Tuesday, 7 July 2020 14:06 WIB

Australia™s central bank chief highlighted worries among households and businesses about the health and economic outlook, as the nation™s successful run of Covid-19 containment was rocked by a new outbreak, damping the economy™s otherwise improving prospects. Reserve Bank of Australia...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
00.01 U.S 30-y Bond Auction 1.45|2.3 1.33|2.5
06.50 JPN M2 Money Stock y/y 5.1% -1.6%
10th-15th CHN M2 Money Supply y/y 11.1%
10th-15th CHN New Loans 1480B
13.00 EUR German Final CPI m/m
MARKET CHART
Loco Gold Daily Chart (LGD)