Tuesday, 11 December 2018
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POPULAR NEWS
Monday, 10 December 2018
Hong Kong Stocks Drop in Opening Minutes
Monday, 10 December 2018
Tokyo: Benchmark Nikkei Open Lower
GLOBAL
Britain's May Postpones Crucial Brexit Vote
Tuesday, 11 December 2018 11:03 WIB

Britain's already disorderly departure from the European Union turned even more chaotic Monday when Prime Minister Theresa May postponed a House of Commons vote on her Brexit withdrawal deal, an agreement that took months of tortuous negotiations with Brussels to conclude. After four days of...

MARKET UPDATE
US futures slightly lower as market volatility continues
Tuesday, 11 December 2018 17:17 WIB

U.S. stock index futures pointed to a lower open on Tuesday as stocks take a breather after a wild session in the previous trading day. At 03:40 a.m. ET, Dow futures were down 69 points, implying a open of -20.26 points. Meanwhile, S&P 500 and Nasdaq futures also pointed to a lower open. On...

ECONOMY
UK workers get biggest pay rise in a decade
Tuesday, 11 December 2018 16:59 WIB

British workers had their biggest pay rise in a decade in the three months to October as the country's strong labor market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday. Average weekly earnings, including bonuses, rose by 3.3 percent on the year, their biggest...

GOLD CORNER
Wall St., Main St. Expect Gold To Keep Shining
Monday, 10 December 2018 13:04 WIB

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold survey. Observers suggested Friday's softer-than-forecast report on U.S. nonfarm payrolls will continue to offer support to the precious metal. The Labor...

COMMODITY
Gold Trades Near Five-Month High on Brexit Uncertainty
Tuesday, 11 December 2018 17:07 WIB

Spot gold traded near the highest level in five months as traders favored haven assets amid concerns over the possibility of the U.K. leaving the European Union without a deal. Investors also weighing latest developments on the trade war front as China™s Vice Premier Liu He, U.S. Treasury...

FISCAL & MONETARY
Powell Says U.S. Labor Market 'Very Strong' by Many Measures
Friday, 7 December 2018 07:17 WIB

Federal Reserve Chairman Jerome Powell delivered a bullish assessment of the U.S. economy and the job market on the eve of the scheduled release of November employment data. 'Our economy is currently performing very well overall, with strong job creation and gradually rising...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN BSI Manufacturing Index 6.5 5.5
06.50 JPN M2 Money Stock y/y 2.7% 2.3%
07.30 AUD HPI q/q -0.7% -1.5%
07.30 AUD NAB Business Confidence 5 3
10.35 JPN 30-y Bond Auction 0.87|4.0 0.79|3.8
MARKET CHART
Loco Gold Daily Chart (LGD)