Monday, 23 September 2019
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Thursday, 19 September 2019 19:49 WIB

The Philadelphia Federal Reserve's manufacturing index fell to 12.0 in September after registering a reading of 16.8 in August. Any reading above zero indicates improving conditions. Economists polled by MarketWatch expected a reading of 10.0. The indexes for general activity and new orders fell, while the indexes for shipments and employment increased, the Philly Fed said. The survey's future general activity index moderated but continues to suggest growth over the next six months. Source: Marketwatch

RECENT NEWS
Australian Retail Sales (M/M) May: 0.1% (exp 0.2%; prev -0.1%)
Thursday, 4 July 2019 08:51 WIB | Ekonomi Australia

Australia's official May data continued today with Retail Sales. For the month (M/M) this arrived for May below expectations at 0.1% (exp 0.2%; previous -0.1%). This is going to keep the rate cut buzz alive since the RBA tipped its hat to further cuts to come down the line if things do not improve. The RBA repeated that the œmain domestic uncertainty continues to be the outlook for consumption. Looking back, as analysts at Westpac noted, "April produced a disappointing -0.1%mth decline, trimming annual growth to 2.8% (recall this series is in current prices). The details showed signs...

U.S. Services Gauge Drops to Lowest Since 2017 on Jobs, Orders
Wednesday, 3 July 2019 21:16 WIB | Ekonomi AS ISM AS

A gauge of U.S. service industries dropped more than forecast in June to the weakest in almost two years, led by a cooling in employment that may further temper optimism about the labor market heading into Friday's jobs report. The non-manufacturing index fell to 55.1 from 56.9, according to an Institute for Supply Management survey Wednesday. Three of the gauge's four components slipped, with employment dropping by the most in 16 months and new orders declining to the lowest level since December 2017. Source: Bloomberg

ADP: U.S. private-sector jobs growth rebounds modestly in June
Wednesday, 3 July 2019 19:36 WIB | Ekonomi AS

The U.S. created a seasonally adjusted 102,000 private-sector jobs in June, payrolls processor ADP said Wednesday, up from a revised 41,000 in May. Economists polled by Econoday expected 140,000 new jobs. Mays numbers were revised higher by 14,000. What happened: Large businesses led the growth in June, adding 65,000 jobs. Small businesses are struggling, losing 23,000 jobs. By sector, education and health added 55,000 jobs. Professional and business added 32,000 jobs. Construction lost 18,000 jobs. Source: Marketwatch

Aussie May Trade Balance: surplus of AUD$5.745m
Wednesday, 3 July 2019 08:59 WIB | Ekonomi Australia

The Australian trade balance for May 2019 has arrived as follows, Surplus: AUD$5.745m vs the expected AUD$5250m surplus, the prior was AUD$4871m surplus. This follows Australias trade position swinging from deficit end-2017 to growing surpluses through 2018 and a record high A$5.0bn in Feb 2019. Analysts at Westpac said that a surge in the value of resources exports has been the main driver of late, but non-resource exports are also growing while imports are being constrained by sluggish consumer spending and the weak AUD. "Iron ore export receipts should be boosted by both rebounding...

U.S. Factory Gauge Drops Less Than Forecast But Orders Stall
Monday, 1 July 2019 21:14 WIB | Ekonomi AS

A gauge of U.S. factory activity fell in June by less than forecast as output and jobs improved though new orders stalled, highlighting the repercussions of trade uncertainty and slower growth abroad. The Institute for Supply Management index dropped to 51.7, the third straight decline and the weakest level since October 2016, the groups data showed Monday. Still, that topped the median estimate of 51 in a Bloomberg survey of economists. The measure of new orders fell to 50, the lowest since December 2015 and equaling the dividing line between growth and...

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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...