Thursday, 18 April 2024
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GLOBAL
US Sanctions Companies Linked to Gold Trade to Fund Wagner Fighters
Wednesday, 28 June 2023 17:23 WIB

The United States on Tuesday accused companies in the United Arab Emirates, the Central African Republic and Russia of engaging in illicit gold deals to help fund the mercenary fighters of Russia's Wagner Group. The U.S. Treasury Department said in a statement it has sanctioned four companies...

MARKET UPDATE
Hong Kong Stocks Flat at Open
Thursday, 18 April 2024 09:02 WIB

Hong Kong stocks were barely moved at the beginning of trade Thursday as investors weighed the outlook for US interest rates while keeping a close eye on developments in the Middle East crisis. The Hang Seng Index inched up 1.40 points, to 16,253.24. The Shanghai Composite Index fell 0.37...

ECONOMY
Australian Employment Drops, Sending Jobless Rate Up to 3.8%
Thursday, 18 April 2024 08:59 WIB

Australian employment unexpectedly fell in March and the jobless rate rose, unwinding some of the huge upside surprise of the prior month and reflecting restrictive settings of monetary policy. The economy shed 6,600 roles, compared with a forecast gain of 10,000 and following an increase of over...

GOLD CORNER
Wall Street and Main Street Still See Gains For Gold This Week Amid Extreme Volatility
Monday, 15 April 2024 13:10 WIB

Gold prices chugged along for much last week, trading between $2,300 and $2,360 through Wednesday, shaking off hotter-than-expected CPI and lulling market participants into a false sense of stability. Then, late Thursday, the rollercoaster began to ratchet back up, with spot gold hitting a new...

COMMODITY
Dollar Takes a Breather as Investors Ponder US Rates Outlook
Thursday, 18 April 2024 09:09 WIB

The dollar was soft on Thursday as traders assessed the U.S. interest rates outlook in the wake of comments from Federal Reserve officials that cemented expectation of monetary settings remaining restrictive for a while longer. The dollar has been rising in recent weeks as a slew of strong U.S....

FISCAL & MONETARY
BoE's Bailey Says Latest Inflation Fall in Line with Forecasts
Thursday, 18 April 2024 00:10 WIB

British inflation is broadly declining in line with the Bank of England's forecasts, and next month's numbers look on track for a sharp drop towards the central bank's 2% target, Governor Andrew Bailey said on Wednesday. "We're actually pretty much on track for where we thought we would be,"...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
01.00 U.S Beige Book - -
03.00 U.S TIC Long-Term Purchases 14.0B 71.5B
08.30 AUD Employment Change (AUD) 116.5K -6.6K
08.30 AUD Unemployment Rate 3.7% 3.8%
08.30 AUD NAB Quarterly Business Confidence -6 -2
MARKET CHART
Loco Gold Daily Chart (LGD)