Monday, 30 March 2020
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GLOBAL
US Health Expert: Coronavirus Could Kill 100,000 in US
Monday, 30 March 2020 11:32 WIB

The top U.S. government infectious disease expert, Dr. Anthony Fauci, predicted Sunday that 100,000 or more Americans could die from the coronavirus pandemic, 50 times the current death toll. Fauci told CNN that the U.S. could have œmillions of cases of COVID-19, a vast spread of the...

MARKET UPDATE
Futures Return to Negative Territory as Investors Brace For Another Volatile Week
Monday, 30 March 2020 16:37 WIB

U.S. stock futures shed gains to fall back into negative territory early Monday morning in volatile trading after last week™s sharp gains, even as the number of coronavirus cases in the U.S. continues to rise at an alarming rate. At around 3:19 a.m. ET, Dow Jones Industrial Average futures were...

ECONOMY
A Record 3.28 Million Americans Applied for Unemployment Benefits Last Week Due to Coronavirus
Thursday, 26 March 2020 20:43 WIB

The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down and companies laid off scores of workers to cope with the coronavirus pandemic. The seasonally adjusted increase in initial jobless claims from...

GOLD CORNER
Gold Prices Seen Building On Biggest Weekly Gain Since 2008
Monday, 30 March 2020 13:03 WIB

Seventy-one percent of the Wall Street and Main Street respondents in the weekly Kitco gold price survey look for the precious metal to build on its gains this week. Just before 11 a.m. EDT on Friday, Comex April gold was trading at $1618.10 an ounce. Even though that was down $33.10 for the day,...

COMMODITY
Dollar in Demand; Sterling Weighed by Downgrade
Monday, 30 March 2020 15:30 WIB

The dollar is back in demand Monday as hopes of an early end to the shutdown which has paralysed the U.S. economy were dashed over the weekend, prompting some traders to head back to the greenback safe haven. At 3:55 AM ET (0815 GMT), the U.S. Dollar Index, which tracks the greenback against a...

FISCAL & MONETARY
Bank of England Keeps Rates at Nearly Zero and Says Could Expand Asset Purchases if Necessary
Thursday, 26 March 2020 19:22 WIB

The Bank of England voted unanimously to keep interest rates at 0.1% and maintain its £200 billion program of buying UK government bond and sterling non-financial investment-grade corporate bond purchases. "Regarding the impact of asset purchases, gilt yields fell significantly following the...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
15.00 EUR Spanish Flash CPI y/y 0.7% 0.1%
15.30 GBP Mortgage Approvals 71K 74K
15.32 GBP Net Lending to Individuals m/m 5.1B 5.2B
21.00 U.S Pending Home Sales m/m 5.2%
All Day EUR German Prelim CPI m/m 0.4%
MARKET CHART
Loco Gold Daily Chart (LGD)