Monday, 16 December 2019
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Friday, 13 December 2019 20:52 WIB

U.S. retail sales missed forecasts calling for an acceleration in November as clothing stores and restaurants posted declines, signaling the economy™s main engine may cool in the fourth quarter by more than previously thought. The value of overall sales climbed 0.2% after an upwardly revised 0.4% increase the prior month, Commerce Department figures showed Friday. The median estimate in a Bloomberg survey called for a 0.5% increase. Sales in the œcontrol group subset increased a below-forecast 0.1% following a 0.3% gain. The measure excludes food services, car dealers,...

RECENT NEWS
Australia Core Inflation Remains Stuck in Slow Lane
Wednesday, 30 October 2019 07:47 WIB | Ekonomi Australia Inflasi

Australia core inflation remained sluggish in the three months through September, underscoring the central banks challenge to reignite prices in the economy. The trimmed-mean gauge, a key core measure, gained 0.4% from the prior quarter and 1.6% from a year earlier, matching economists estimates. Headline inflation rose 0.5% in the third quarter from three months earlier and 1.7% from a year earlier, also meeting forecasts. Source : Bloomberg

US: CB Consumer Confidence Index fell to 125.9 in September vs. 128 expected
Tuesday, 29 October 2019 21:19 WIB | Ekonomi AS

The Conference Board's (CB) Consumer Confidence Index fell to 125.9 in October from 126.3 in September (revised from 125.1) and missed the market expectation of 128. With the initial market reaction, the US Dollar Index lost its traction and was last seen down 0.03% on the day at 97.71. Below are key takeaways from the CB's press release, as reported by Reuters. "Consumer Present Situation Index 172.3 in October vs September revised 170.6 (previous 169.0)." "Consumer Expectations Index 94.9 in October vs September revised 96.8 (previous 95.8)." "Jobs Hard-to-get Index 11.8 in October vs...

Private Sector Job Losses Bode Ill For German Hopes of End-Year Rebound: PMI
Thursday, 24 October 2019 15:03 WIB | Jerman Ekonomi Jerman

Employment in Germany's private sector fell for the first time in six years in October, a survey showed on Thursday, suggesting that a third-quarter slowdown in Europe's largest economy could stretch into the closing months of the year. Markit's flash Purchasing Managers' Index (PMI) survey showed that the slight fall in employment was mainly the result of job losses in the manufacturing sector, where staffing numbers fell to their lowest level in almost 10 years. The slowdown in Germany's export-dependent manufacturing sector, in recession due to trade conflicts and uncertainties linked...

French Business Activity Firmer Than Expected in October: PMI
Thursday, 24 October 2019 14:41 WIB | PMI France Zona Euro, PMI Perancis France

French business activity picked up more than expected in October, boosted mainly by a firmer service sector but also by resilient manufacturing, a monthly survey showed on Thursday. Data compiler IHS Markit said its preliminary composite purchasing managers index rose to 52.6 points from 50.8 last month, topping economists' average estimate for 51.0. The unexpectedly strong improvement brought the index further away from the key 50-point threshold, demarcating an expansion from a contraction in business. The improvement was driven by the dominant service sector where the index rose to...

China's GDP growth slows to 6%, Industrial Production betters estimates
Friday, 18 October 2019 09:26 WIB | GDP China ekonomi China

China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed. The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP of 6.2%. However, the Industrial Production rose 5.8% year-on-year in September, beating the forecasted figure of 5% by a big margin. The preceding month's figure has been left unrevised at 4.4%. Meanwhile, consumer spending, as represented by Retail Sales, rose 7.8% year-on-year in September, as...

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ASIA
China's Factory Outlook Improves More than Expected in September
Monday, 30 September 2019 09:02 WIB

A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing...

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...