Wednesday, 26 June 2019
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GLOBAL
In Taiwan, Airline Employees Go on Strike for Second Time this Year
Tuesday, 25 June 2019 19:15 WIB

Taiwan™s second airline employee strike this year to date has impacted more than 25,000 passengers just before a peak travel season, showing the powers of labor unions that are uncommon elsewhere in Asia and even among other Taiwanese professions. An Eva Airways strike that entered its fifth...

MARKET UPDATE
Hong Kong Stocks Drop More Than One Percent (Review)
Wednesday, 26 June 2019 03:58 WIB

Hong Kong shares fell more than one percent Tuesday, hit by concerns over rising Iran-US tensions and as investors await this week's crucial trade talks between Donald Trump and Xi Jinping. The Hang Seng Index sank 1.15 percent, or 327.02 points, to 28,185.98. The benchmark Shanghai Composite...

ECONOMY
US: Consumer confidence deteriorates in June, USD edges lower
Tuesday, 25 June 2019 21:20 WIB

The monthly Consumer Confidence Survey published by the Conference Board today revealed that the consumer confidence weakened in June with the headline Confidence Index dropping to 121.5 in June from 131.3 in May. Other data from the U.S. revealed that new home sales in May contracted by 7.8% to...

GOLD CORNER
You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts
Monday, 24 June 2019 15:44 WIB

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold...

COMMODITY
U.S. oil prices pull back after 3-session climb on the back of Iran tensions
Wednesday, 26 June 2019 02:40 WIB

U.S. oil prices fell on Tuesday, posting a modest retreat after three consecutive session gains on the back of heightened tensions between the U.S. and Iran. August West Texas Intermediate crude fell 7 cents, or 0.1%, to settle at $57.83 a barrel on the New York Mercantile Exchange. The contract...

FISCAL & MONETARY
Powell says the Fed is 'grappling' with whether to cut interest rates
Wednesday, 26 June 2019 00:28 WIB

Federal Reserve Chairman Jerome Powell on Tuesday suggested an interest-rate cut in July, widely expected by investors and economists, is not a done deal. While greater uncertainty about trade and worries about global economy might be starting to show through to economic data, officials don™t...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
00.00 U.S Fed Chair Powell Speaks - -
15.30 GBP High Street Lending 43.0K
19.30 U.S Core Durable Goods Orders m/m 0.0%
19.30 U.S Durable Goods Orders m/m -2.1%
21.30 U.S Crude Oil Inventories -3.1M
MARKET CHART
Loco Gold Daily Chart (LGD)