Wednesday, 24 July 2019
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GLOBAL
South Korean Claims of Warning Shots to Russian Jets Disputed by Moscow
Tuesday, 23 July 2019 23:39 WIB

South Korean air force jets fired 360 rounds of warning shots Tuesday after a Russian military plane twice violated South Korea's airspace off the country's east coast, Seoul officials said in an announcement that was quickly disputed by Russia. South Korea said three Russian military planes ”...

MARKET UPDATE
Stocks rise after strong earnings from Coca-Cola and United Technologies
Tuesday, 23 July 2019 23:37 WIB

Stocks rose on Tuesday as investors cheered strong quarterly numbers from companies like Coca-Cola and United Technologies. The Dow Jones Industrial Average climbed 84 points, or 0.3%. The S&P 500 and Nasdaq Composite also advanced 0.3% each. Cardillo pointed out the S&P 500 is within...

ECONOMY
U.K. Retail Sales Unexpectedly Jump, Reversing Two-Month Drop
Thursday, 18 July 2019 15:48 WIB

U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note. The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by...

GOLD CORNER
Wall St., Main St. See Gold Prices Maintaining Upward Momentum
Monday, 22 July 2019 13:24 WIB

Wall Street and Main Street look for gold to keep building on its recent gains, according to the weekly Kitco News gold survey. The metal hit a fresh six-year high in screen trading after renewed dovishness from Federal Reserve officials last Thursday. œGold has not only continued its upward...

COMMODITY
U.S. oil futures settle higher on crude-supply decline expectations, reports of upcoming U.S.-China trade talks
Wednesday, 24 July 2019 01:53 WIB

U.S. oil futures gave up earlier losses Tuesday to finish with a gain, ahead of government data that are expected to reveal a fall in domestic crude supplies for a sixth week in a row. Analysts polled by S&P Global Platts forecast a decline of 4.4 million barrels in crude stocks for the week...

FISCAL & MONETARY
Fed Chief Powell Says He Thinks Core Inflation Picked Up a Bit in June
Wednesday, 17 July 2019 00:16 WIB

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank now estimates that a key measure of core inflation increased in June to its highest level in four months but added that, despite the acceleration, inflation pressures œremain muted. In a speech to the Bank of France in...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.00 AUD Flash Manufacturing PMI 52.0
07.30 JPN Flash Manufacturing PMI (JPN) 49.3
14.15 EUR French Flash Services PMI 52.9
14.15 EUR French Flash Manufacturing PMI 51.9
14.30 EUR German Flash Manufacturing PMI 45.0
MARKET CHART
Loco Gold Daily Chart (LGD)