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
Tokyo's Nikkei closes up more than 2.2 percent
Monday, 13 July 2020 13:31 WIB

Tokyo's benchmark Nikkei index jumped more than 2.2 percent on Monday following rallies in the US and Asia on fresh hopes for coronavirus treatments. The Nikkei 225 index was up 2.22 percent, or 493.93 points, to close at 22,784.74, while the broader Topix index surged 2.46 percent, or 37.82...

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
Gold price bull rally: the drive is alive
Monday, 6 July 2020 13:40 WIB

Gold achieved an important milestone this past week as priced pushed above $1,800 an ounce for the first time since 2011 and with strong fundamentals and what appears to be an unstoppable uptrend, retail investors and Wall Street analysts are significantly bullish on gold. Of the 17 Wall Street...

COMMODITY
Oil slips as traders eye supply cut easing at OPEC meeting
Monday, 13 July 2020 09:36 WIB

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude...

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)