Tuesday, 16 July 2019
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Monday, 15 July 2019 09:14 WIB

China economy continued slowing in the second quarter, with sluggish domestic output and continuing trade tensions pulling growth down to the weakest pace since the early 1990s. Gross domestic product rose 6.2.% in the April-June period from a year earlier, below the 6.4% expansion in the first quarter and matching economists™ estimates. In June, factory output rose 6.3%, retail sales rose 9.8%, while investment gained 5.8% in the first half of the year -- all three beating estimates. The slowdown adds to the pressure Chinese policy makers face as they...

RECENT NEWS
First-Quarter GDP Left at 3.1% as Stronger Business Investment Offsets Weaker Consumer Spending
Thursday, 27 June 2019 19:43 WIB | Ekonomi AS PDB AS GDP AS

The pace of growth in the U.S. economy in the first three months of 2019 was left at 3.1%, revised government figures show, as stronger business investment offset a weaker increase in consumer spending. Most economists predict growth will taper off in the second quarter, however. The first quarter benefited from a surprisingly large increase in inventories of unsold goods as well as an improved trade balance, neither of which is expected to be repeated. The third and latest estimate showed somewhat better business investment: up 3% vs. a prior 1% reading. Companies spent more on...

Durable-Goods Orders Drop 1.3% in May, But Business Investment Picks Up In Reassuring Sign
Wednesday, 26 June 2019 19:48 WIB | Ekonomi AS

Orders for U.S. durable goods fell in May for the third time in four months, held down by a canceled deal for Boeings troubled 737 Max jet. Yet business investment perked up in a somewhat reassuring sign that companies havent frozen spending amid a tense trade fight with China and signs of a slower U.S. economy. Orders for long-lasting goods slid 1.3% last month, the government said Wednesday. Economists polled by MarketWatch had forecast a 1% decline. Orders in April were also weaker than initially reported. Yet if cars and planes are stripped out, orders actually rose 0.3% in April...

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

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 fall short of the market expectation for an increase of 1.9%.  With the initial reaction, the US Dollar Index edged lower and was last seen down 0.04% on the day at 95.96. Nevertheless, technically oversold conditions don't seem to be allowing the index to push lower. Source : FXstreet

German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB | Ekonomi Jerman PMI

Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash reading of the country's composite Purchasing Managers' Index stayed at 52.6 in June, IHS Markit said on Friday, a slightly better reading than economists had forecast. Manufacturing production contracted for the fifth month in a row, while services continued their strong expansion. A gauge of new export business picked up slightly, despite remaining below the key 50 level that indicates expansion. Expectations for output growth were...

UK Retail Sales Arrive at -0.5% m/m in May, Meet Estimates
Thursday, 20 June 2019 15:54 WIB | UK Retail Sales

The UK retail sales came in at -0.5% over the month in May vs. -0.5% expected and -0.1% previous. The core retail sales stripping the auto motor fuel sales stood at -0.3% m/m vs. -0.5% expected and -0.3% previous. On an annualized basis, the UK retail sales rose 2.3% in May versus 2.7% expected while the core retail sales also advanced 2.2% in the reported month versus 4.7% previous and 2.5% expectations. Source : FX Street

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ASIA
Kenaikan Upah Jepang Berakselerasi pada November Meski Prospek yang Suram
Wednesday, 9 January 2019 07:18 WIB

Upah Jepang naik lebih dari yang diperkirakan pada bulan November, menawarkan harapan pengeluaran konsumen yang lebih kuat dapat memicu inflasi jika kenaikan berkelanjutan. Secara keseluruhan,...

UNITED STATES
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...

EUROPE
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB

Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash reading of the country's composite Purchasing...

GLOBAL ECONOMY
Trump Mengatakan China Akan `Mengurangi dan Mengeluarkan' Tarif Impor Kendaraan
Monday, 3 December 2018 12:08 WIB

Presiden AS Donald Trump mengatakan China telah setuju untuk "mengurangi dan menghapus" tarif terhadap mobil-mobil Amerika dari 40 persen saat ini. Dia tidak memberikan rincian lain dalam tweet-nya...