Thursday, 22 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
2 US Service Members Killed in Afghanistan
Thursday, 22 August 2019 10:41 WIB

Two U.S. service members were "killed in action" Wednesday in Afghanistan, the U.S. military said, as talks between the U.S. and the Taliban were set to resume in Qatar. U.S. officials confirmed this was an active combat situation but would not say which enemy the U.S. troops were fighting. An...

MARKET UPDATE
European Stocks Open Lower After US Yield Curve Flashes Recession Warning
Thursday, 22 August 2019 14:32 WIB

European stocks opened lower Thursday after the widely watched 2-year/10-year U.S. yield curve inverted for the second time in two weeks. The pan-European Stoxx 600 slipped 0.4% at 374.32 at the opening bell, technology stocks leading losses with a 0.6% drop as the majority of sectors and major...

ECONOMY
French Activity Picks Up as Manufacturing Returns to Growth
Thursday, 22 August 2019 14:28 WIB

France™s private sector unexpectedly gained speed in August as solid performance in services was complemented by a return to growth in manufacturing. IHS Markit™s Purchasing Managers™ Index rose to 52.7 from 51.9 in July, defying economists™ predictions for a slight weakening....

GOLD CORNER
Bearish Cracks Appearing In Bullish Gold Market
Monday, 19 August 2019 15:16 WIB

After three-straight weeks of gains, cracks are starting to appear in gold's bullish veneer, particularly among Wall Street analysts, according to the latest results of the Kitco News Weekly Gold Survey. It has been a volatile week for the precious metal as unprecedented recession fears and new...

COMMODITY
Oil Steady as Attention Turns to Monetary Easing From Stockpiles
Thursday, 22 August 2019 14:11 WIB

Oil steadied after its first drop this week as attention turned from expanding American fuel stockpiles to the prospects for monetary easing as the world™s top central bankers gather in Jackson Hole, Wyoming. Futures in New York were little changed after rising as much as 0.8% earlier....

FISCAL & MONETARY
Fed Saw July Rate Cut as Insurance for Growth and Inflation
Thursday, 22 August 2019 01:24 WIB

Federal Reserve officials viewed their interest-rate cut last month as insurance against too-low inflation and the risk of a deeper slump in business investment stemming from uncertainty over President Donald Trump™s trade war. œMembers who voted for the policy action sought to better...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
01.00 U.S FOMC Meeting Minutes - -
06.00 AUD Flash Manufacturing PMI 51.6 51.3
07.30 JPN Flash Manufacturing PMI (JPN) 49.4 49.5
11.30 JPN All Industries Activity m/m 0.5% -0.8%
14.15 EUR French Flash Services PMI 52.6 53.3
MARKET CHART
Loco Gold Daily Chart (LGD)