Thursday, 27 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
GLOBAL
Mueller to Testify in Open Congressional Hearing
Thursday, 27 June 2019 01:19 WIB

Former Special counsel Robert Mueller has agreed to provide open testimony before the U.S. House Judiciary Committee and the House Intelligence Committee next month. The chairmen of the two panels, Rep. Jerrold Nadler and Rep. Adam Schiff, announced in a letter late Tuesday that Mueller would...

MARKET UPDATE
Hong Kong Stocks End Higher, Bucking Regional Trend (Review)
Thursday, 27 June 2019 03:32 WIB

Hong Kong shares closed with slight gains Wednesday, bucking a regional trend, as traders focus on the upcoming meeting between Donald Trump and Xi Jinping. The Hang Seng Index added 0.13 percent, or 36.00 points, to 28,221.98. The benchmark Shanghai Composite Index slipped 0.19 percent, or 5.79...

ECONOMY
Durable-Goods Orders Drop 1.3% in May, But Business Investment Picks Up In Reassuring Sign
Wednesday, 26 June 2019 19:48 WIB

Orders for U.S. durable goods fell in May for the third time in four months, held down by a canceled deal for Boeing™s troubled 737 Max jet. Yet business investment perked up in a somewhat reassuring sign that companies haven™t frozen spending amid a tense trade fight with China and signs of a...

GOLD CORNER
You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts
Monday, 24 June 2019 15:44 WIB

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold...

COMMODITY
Oil prices rally as weekly U.S. crude inventory drops by almost 13 million barrels
Thursday, 27 June 2019 02:50 WIB

Oil prices climbed sharply on Wednesday, as the U.S. government reported a weekly drop of nearly 13 million barrels in domestic crude stocks, reportedly the largest since 2016. Given the big draw in gasoline and supply decline at the U.S. oil trading hub at Cushing, Okla., "we wouldn't be...

FISCAL & MONETARY
Powell says the Fed is 'grappling' with whether to cut interest rates
Wednesday, 26 June 2019 00:28 WIB

Federal Reserve Chairman Jerome Powell on Tuesday suggested an interest-rate cut in July, widely expected by investors and economists, is not a done deal. While greater uncertainty about trade and worries about global economy might be starting to show through to economic data, officials don™t...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN Retail Sales y/y 0.5%
14.00 EUR Spanish Flash CPI y/y 0.8%
19.30 U.S Final GDP q/q (US) 3.1%
19.30 U.S Final GDP Price Index q/q 0.8%
19.30 U.S Unemployment Claims 2.4%
MARKET CHART
Loco Gold Daily Chart (LGD)