Tuesday, 18 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
Iran Expects to Surpass Uranium Stockpile Limit in 10 Days
Tuesday, 18 June 2019 09:51 WIB

Iran's atomic energy agency said Monday the country would soon surpass the limit on the amount of enriched uranium it is allowed to keep under the 2015 international agreement aimed at restraining its nuclear weapons program. In remarks to reporters carried on state television, agency spokesman...

MARKET UPDATE
Nikkei Dips as Investors Await Fed Meeting
Tuesday, 18 June 2019 10:31 WIB

Japan™s Nikkei edged lower in choppy trade on Tuesday but most investors stayed on the sidelines ahead of a U.S. central bank policy decision later in the week. The Nikkei share average fell 0.3% to 21,067.95 points by the midday break. The broader Topix dropped 0.1% to 1,538.22. Expectations...

ECONOMY
Retail sales look strong, with a solid gain in May and upward revision to prior month
Friday, 14 June 2019 19:50 WIB

Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists...

GOLD CORNER
Wall St, Main St. Look For Still-Higher Gold Prices
Monday, 17 June 2019 14:43 WIB

Gold hit its highest levels in more than a year on Friday, and Wall Street and Main Street look for the momentum to continue this week, based on the weekly Kitco News gold survey. The metal has been underpinned by continuing trade tensions between the U.S. and its partners, resulting in worries...

COMMODITY
Gold Holds Drop as Investors Await Fed's Rate Signals
Tuesday, 18 June 2019 09:06 WIB

Gold held a decline as investors await the Federal Reserve™s meeting this week for further signals on the central bank™s interest rate path. Spot gold little changed at $1,339.02/oz at 9:04am in Singapore, after -0.2% on Monday. Prices rose to $1,358.26 on Friday, highest level...

FISCAL & MONETARY
RBA Says Further Rate Cut More Likely Than Not in Period Ahead
Tuesday, 18 June 2019 08:44 WIB

Australia's central bank is likely to lower interest rates again to drive increased hiring and boost households' confidence that inflation will return to target. The Reserve Bank made the comment in minutes of its June 4 policy meeting, released in Sydney Tuesday, when it eased the cash rate to...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
03.00 U.S TIC Long-Term Purchases -28.4B 46.9B
08.30 AUD Monetary Policy Meeting Minutes (AUD)
08.30 AUD HPI q/q -2.4% -3.0%
15.00 EUR ECB President Draghi Speaks - -
16.00 EUR German ZEW Economic Sentiment -2.1
MARKET CHART
Loco Gold Daily Chart (LGD)