Tuesday, 26 May 2020
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GLOBAL
School, Office Opened, New South Wales Preparing for Difficulties
Tuesday, 26 May 2020 11:23 WIB

The most populous state in Australia on Monday (5/25) mobilized all control staff to enforce social rules on public transportation. The surge in passengers is expected to occur while schools and offices are reopened and the number of cases of the corona virus is reduced. Australia reports more...

MARKET UPDATE
European Markets Bounce On Global Vaccine Hopes
Tuesday, 26 May 2020 14:24 WIB

European stocks opened higher on Tuesday, tracking positive global market sentiment as optimism grows that a coronavirus vaccine can be found. The pan-European Stoxx 600 jumped 1.1% at the start of trading, travel and leisure stocks adding 2.5% to lead gains as all sectors and major bourses...

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
Euro, riskier currencies buoyed as investor sentiment improves
Tuesday, 26 May 2020 15:22 WIB

The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies. The moves, however, lacked the exuberance of the equities market as Sino-U.S. tensions kept the mood in check. The euro was last up 0.4% at...

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
11.30 JPN All Industries Activity m/m -0.7% -3.8%
12.00 JPN BOJ Core CPI y/y 0.1% -0.1%
13.02 CHF Trade Balance (CHF) 3.96B 4.04B
17.00 GBP CBI Realized Sales -55
20.00 U.S HPI m/m 0.7%
MARKET CHART
Loco Gold Daily Chart (LGD)