Monday, 16 September 2019
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GLOBAL
Trump: US is 'Locked and Loaded' to Respond to Saudi Oil Attack
Monday, 16 September 2019 17:05 WIB

U.S. President Donald Trump says American forces are 'locked and loaded' to respond to the fiery attacks on one of Saudi Arabia's largest oil fields and the world™s biggest crude oil stabilization facility. "There is reason to believe we know the culprit," Trump tweeted late Sunday. He added he...

MARKET UPDATE
Dow poised to snap 8-session win streak as oil market's historic supply disruption rattles
Monday, 16 September 2019 18:58 WIB

U.S. stock-indexes on Monday were set to pull back from record-range and the Dow was set to halt a win streak at eight consecutive days as a weekend attack against Saudi Arabia's oil-production facilities unsettled global markets and sent crude prices rocketing higher. The attacks playing out in...

ECONOMY
US: Retail sales rose 0.4% in August vs. 0.2% expected
Friday, 13 September 2019 19:46 WIB

The data published by the US Census Bureau today revealed that retail and food services sail in August rose 0.4% on a monthly basis to $526.1 billion and beat the market expectation for an increase of 0.2%. On a yearly basis, retail sales grew by 4.1%. Total sales for the June 2019 through August...

GOLD CORNER
Gold to keep bullish trend this week: ECB, U.S. data in focus
Monday, 9 September 2019 11:35 WIB

After a very volatile session, gold is closing with a second straight week of losses last Friday while analysts remain bullish but slightly more cautious for this week. Seeing gold hit new fresh six-year highs, then drop more than $50 on a weekly basis has been unnerving for traders. Yet,...

COMMODITY
Oil surges 20% after Saudi attack, softens on stockpile hopes
Monday, 16 September 2019 19:36 WIB

Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom's production. Prices came off their peaks after U.S. President Donald Trump...

FISCAL & MONETARY
ECB Cuts Rates, Restarts QE to Fight Slowdown as Draghi Era Ends
Thursday, 12 September 2019 19:18 WIB

The European Central Bank cut interest rates further below zero and said it™ll resume bond purchases as President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy. The Governing Council reduced the deposit rate to...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.01 GBP Rightmove HPI m/m -1.0% -0.2%
09.00 CHN Fixed Asset Investment ytd/y 5.7% 5.5%
09.00 CHN Industrial Production y/y 4.8% 4.4%
09.00 CHN Retail Sales y/y 7.6% 7.5%
19.30 U.S Empire State Manufacturing Index 4.8
MARKET CHART
Loco Gold Daily Chart (LGD)