Friday, 24 May 2019
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GLOBAL
Pakistan Tests Nuclear-Capable Ballistic Missile
Friday, 24 May 2019 01:56 WIB

Pakistan says it has successfully conducted a œtraining launch of a ballistic missile capable of carrying both nuclear and conventional warheads up to 1,500 kilometers. The move came amid Pakistan's heightened military tensions with neighboring rival India, and it is seen by observers as...

MARKET UPDATE
Tokyo stocks open lower on trade worries
Friday, 24 May 2019 07:41 WIB

Tokyo stocks opened lower on Friday on worries over the US-China trade war as bellicose rhetoric persisted between Washington and Beijing, pushing the safe-haven yen higher against the dollar. The benchmark Nikkei 225 index lost 0.94 percent, or 199.04 points, to 20,952.10 in early trade, while...

ECONOMY
German economy rebounded due to domestic demand
Thursday, 23 May 2019 14:38 WIB

The German economy rebounded in the first quarter after narrowly avoiding recession late last year, led by a strong rise in household consumption and a booming construction sector, the Federal Statistical Office said Thursday. Germany's gross domestic product--the broadest measure of goods and...

GOLD CORNER
'Gold Has Nothing To Stand On Right Now': Watch The $1,269 Price Level - Analysts
Wednesday, 22 May 2019 10:19 WIB

The U.S. dollar has been stealing gold's thunder again as it took on a role of a safe-haven, with analysts warning to keep a close eye on the $1,269 level, which if broken can be a gateway to even lower prices. The yellow metal has been struggling this week as equities rebounded, the U.S. dollar...

COMMODITY
Oil Settles Down 6% in Worst Trading Day of 2019
Friday, 24 May 2019 02:42 WIB

Oil prices plunged nearly 6% Thursday in this year's worst drop and the worst fall since the start of OPEC production cuts in December. The escalating U.S.-China trade war and huge crude pileups from weak refiner demand combined to roil the market. West Texas Intermediate futures, the benchmark...

FISCAL & MONETARY
Fed minutes: Voters say patient stance can last 'for some time'
Thursday, 23 May 2019 01:16 WIB

The voting members of the Federal Open Market Committee seemed comfortable with their patient stance on interest rate, agreeing it could last for "some time," according to minutes of their April 30- May 1 meeting released Wednesday. Even if global economic and financial conditions improve, a...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.30 JPN National Core CPI y/y 0.8% 0.9%
11.30 JPN All Industries Activity m/m -0.2%
15.30 GBP Retail Sales m/m (GBP) 1.1%
17.00 GBP CBI Realized Sales 13
19.30 U.S Core Durable Goods Orders m/m 0.3%
MARKET CHART
Loco Gold Daily Chart (LGD)