Sunday, 19 January 2020
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Friday, 17 January 2020 16:47 WIB

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...

RECENT NEWS
US: CB Consumer Confidence Index dropped to 125.1 in September vs. 133.5 expected
Tuesday, 24 September 2019 21:21 WIB | Ekonomi AS

According to the monthly report published by the Conference Board, the consumer confidence in the US deteriorated in September with the Consumer Confidence Index slumping to 1251 in September and missing the market expectation of 133.5. Furthermore, August's reading of 135.1 got revised down to 134.2. With the initial market reaction, the Greenback came under modest selling pressure and the US Dollar Index (DXY) is now down 0.17% on the day at 98.45. Boosted by the USD weakness, the EUR/USD is now trading at a fresh daily high of 1.1013. Source : FXstreet

Germany May See No Growth This Year as Manufacturing Slumps
Monday, 23 September 2019 14:57 WIB | Ekonomi Jerman

Germanys private sector is suffering its worst downturn in almost seven years as a manufacturing slump deepens, raising pressure on the government to add fiscal stimulus. A Purchasing Managers Index fell to 49.1 in September from 51.7 a month earlier, according to IHS Markit. The reading was worse than economists predicted and the lowest since October 2012. Its also the first reading below 50, signaling contraction, since April 2013. The confluence of trade tensions, challenges for the auto industry and looming Brexit are œparalyzing order books in...

Philly Fed manufacturing index drops to 12.0 for September, but tops forecasts
Thursday, 19 September 2019 19:49 WIB | Ekonomi AS Phillyy Fed Index

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

U.K. retail sales slip 0.2% in August
Thursday, 19 September 2019 15:47 WIB |

U.K. retail sales fell 0.2% in August, as the prior month's gain from Amazon Prime Day reversed with a drop in non-store retailing. Economists polled by FactSet had forecast a 0.2% dip. The year-on-year growth rate slowed to 2.7% from 3.3%. Source: marketwatch

Australia's Unemployment Rises in August
Thursday, 19 September 2019 08:52 WIB | Unemployment Ekonomi Australia Tingkat Pengangguran,

Australia's unemployment rate rose in August reflecting a slowdown in the economy, and adding to a fast-growing case for interest rates to be cut further in coming months. Unemployment rose to a seasonally adjusted 5.3% in August from 5.2% in July, as employment growth of 34,700 over the month was outpaced by a jump in the number of people seeking work. Economists had expected an unemployment rate of 5.2% in August, with 20,000 jobs added to the economy. Rising unemployment will alarm the RBA which cut interest rates in June and July saying it needed to see faster GDP growth and a fall in...

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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,"...