Thursday, 09 April 2020
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Thursday, 9 April 2020 20:19 WIB

The latest round of coronavirus-induced layoffs and furloughs soared by another 6.6 million in the first week of April, bringing total job losses in less than a month to a stupefying 16.8 million. Initial jobless claims, a rough proxy for job losses, have now posted increases of 6.6 million, 6.9 million and 3.3 million in the last three weekly readings since the middle of March. Initial jobless claims leaped a seasonally adjusted 6.6 million in the week of March 29 to April 4, topping the 6 million MarketWatch forecast. What™s more, new claims in the last week of March were revised up...

RECENT NEWS
Tingkat pengangguran Australia turun ke terendah 9 bulan, dapat mencegah penurunan suku bunga
Thursday, 23 January 2020 08:59 WIB | Ekonomi Australia

Ketenagakerjaan Australia melampaui perkiraan untuk bulan kedua pada bulan Desember mendorong tingkat pengangguran ke level terendah sembilan bulan, peningkatan yang sangat dibutuhkan yang dapat mencegah penurunan suku bunga jangka pendek. Dolar lokal (Aussie) naik 0,47% menjadi $ 0,6874 karena pasar memangkas peluang pelonggaran dari Reserve Bank of Australia (RBA) pada pertemuan kebijakan berikutnya pada 4 Februari. Data Kamis menunjukkan 28.900 pekerjaan baru bersih diciptakan pada bulan Desember, mengalahkan perkiraan 15.000 dan di atas kenaikan 38.400 yang sangat kuat pada bulan...

U.K. Retail Sales Extend Worst Run on Record Despite Discounting
Friday, 17 January 2020 16:47 WIB | UK Retail Sales

U.K. consumers stayed away from the stores during the key Christmas trading period, despite widespread discounting and a break in the political impasse over Brexit.  The volume of goods sold in stores and online fell 0.6% in December, confounding expectations of a 0.6% increase. Sales excluding auto fuel dropped 0.8%.  The figures, which include Black Friday and Cyber Monday, will stoke speculation that Bank of England policy makers could cut interest rates this month for the first time since the aftermath of the Brexit referendum.  Weak growth and inflation figures this...

China's Economy Grew 6% in Fourth Quarter as Demand Stabilized
Friday, 17 January 2020 09:14 WIB | GDP China ekonomi China

Chinas economy stabilized last quarter after slowing to the slowest pace in almost three decades, as rising demand and easing trade tensions supported sentiment. Gross domestic product rose 6% in the final quarter of 2019 from a year earlier, the same as in the previous three-month period and the median estimate. The worlds second-largest economy expanded by 6.1% in 2019, slower than 6.6% the previous year Industrial output rose 6.9% in December from the same period the previous year, versus the median forecast of 5.9% Retail sales rose 8% versus...

U.S. Retail Sales Post Solid Advance to Close Out Moderate 2019
Thursday, 16 January 2020 20:44 WIB | Ekonomi AS Retail Sales

U.S. retail sales strengthened in December,thanks to a late holiday-shopping rush that wrapped up a more-moderate year of spending at the nations merchants. The value of receipts at retailers rose 0.3%, matching the prior months revised gain, and climbed 5.8% from December 2018, Commerce Department figures showed Thursday. Stronger sales occurred in all major categories except motor vehicle dealers. Excluding autos, retail purchases climbed 0.7% from the prior month, the most since July. Closely watched retail œcontrol group sales increased 0.5%, just above...

Weakest U.K. Inflation in Three Years Lowers Bar to BOE Cut
Wednesday, 15 January 2020 16:43 WIB | Ekonomi inggris Inflasi

U.K. inflation unexpectedly slowed to a three-year low in December, clearing the path to a potential Bank of England interest-rate cut this month. Consumer prices rose 1.3% from a year earlier, the least since November 2016, the Office for National Statistics said Wednesday. The core inflation rate posted a surprise fall to 1.4%. The shock readings will fuel speculation about an imminent rate cut after dovish comments from BOE Governor Mark Carney and other policy makers in recent days. Money markets now see a more than 40% chance of a quarter-point reduction on Jan. 31. Inflation has...

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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
First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB

A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...