Monday, 13 July 2020
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GLOBAL
Florida Reports New Record With Over 15,000 New Coronavirus Cases
Monday, 13 July 2020 09:48 WIB

The U.S. state of Florida set a new record, reporting over 15,000 new confirmed cases of COVID-19 in one day Sunday. The number by far beat previous records of single-day increases in a U.S. state. The previous record was seen in California on Wednesday when the state recorded 11,694 new...

MARKET UPDATE
U.S. Stock Futures Rise Amid Troubling Coronavirus Numbers
Monday, 13 July 2020 16:27 WIB

U.S. stock index futures gained late Sunday, amid a record surge in coronavirus cases. As of midnight Eastern, Dow Jones Industrial Average futures were up around 150 points, or 0.6%, while S&P 500 futures and Nasdaq-100 futures were up around 0.4%. On Sunday, Florida reported a record...

ECONOMY
U.S. Initial Jobless Claims Fell Last Week by More Than Forecast
Thursday, 9 July 2020 19:43 WIB

Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases. Initial jobless claims in regular state programs fell by 99,000 to...

GOLD CORNER
'Record-Highs in Sight': Gold on Path North of $1,800 This Week - Analysts
Monday, 13 July 2020 15:47 WIB

Gold is rallying for the fifth week in a row and the bullish trend is targeting the 2011 record-highs in USD-terms, according to analysts. At the time of writing, gold was holding on above $1,800 an ounce with August Comex gold futures trading at $1,808.30, up 0.25% last week. Investors seem to...

COMMODITY
Gold Gains Ground As Coronavirus Cases Continue To Increase
Monday, 13 July 2020 19:22 WIB

Gold was back on the rise Monday, with analysts tying support to a global rise in the number of COVID-19 cases. Gold for August delivery on Comex rose $12.90, or 0.7%, to $1,814.80 an ounce, while September silver jumped 54.2 cents, or 1.9%, to $19.595 an ounce. Gold pulled back Thursday and...

FISCAL & MONETARY
RBA Highlights Recovery Uncertainties as Second Wave Threatens
Tuesday, 7 July 2020 14:06 WIB

Australia™s central bank chief highlighted worries among households and businesses about the health and economic outlook, as the nation™s successful run of Covid-19 containment was rocked by a new outbreak, damping the economy™s otherwise improving prospects. Reserve Bank of Australia...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
11.30 JPN Tertiary Industry Activity m/m -7.7% -2.1%
13.00 EUR German WPI m/m -0.6% 0.6%
22.30 GBP BOE Gov Bailey Speaks - -
22.30 U.S FOMC Member Williams Speaks - -
MARKET CHART
Loco Gold Daily Chart (LGD)