Wednesday, 06 August 2025
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GLOBAL
Trump announces Israel-Iran ceasefire
Tuesday, 24 June 2025 06:11 WIB

U.S. President Donald Trump announced Monday evening on Truth Social that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" following what he referred to as "THE 12 DAY WAR." According to Trump's post, the ceasefire will begin approximately six hours after his announcement, when...

MARKET UPDATE
Hong Kong Stocks Trade Slightly Lower
Wednesday, 6 August 2025 10:19 WIB

Hong Kong stocks fell 50 points, or 0.2%, to 24,851 in Wednesday morning trading, ending a two-day winning streak amid weakness in the technology, consumer discretionary, and financial sectors. Sentiment worsened after Wall Street closed lower overnight, as weak US data underscored the economic...

ECONOMY
India Braces for Pain as Trump Issues 24-Hour Warning on Tariffs
Wednesday, 6 August 2025 07:41 WIB

India is struggling to cope with the economic fallout from President Donald Trump's tariff threats, which have left officials in New Delhi shocked, disappointed, and unsure how to respond. Trump's harsh language, calling India's economy "dead," its tariff barriers "obnoxious," and its people...

COMMODITY
USD/CHF Held Near 0.8050 As Traders Expected A Fed Rate Cut At Its Upcoming Meeting
Wednesday, 6 August 2025 11:50 WIB

USD/CHF weakened after two days of gains, trading around 0.8070 during the Asian session on Wednesday (August 6th). The currency pair depreciated as the US dollar (USD) weakened due to strong dovish sentiment surrounding the Federal Reserve's (Fed) policy outlook. Traders will likely be watching...

FISCAL & MONETARY
Trump rules out Bessent for Fed chair
Wednesday, 6 August 2025 04:51 WIB

U.S. President Donald Trump said on Tuesday he had removed Treasury Secretary Scott Bessent from consideration for an open seat on the Federal Reserve's Board of Governors, but said he would "very shortly" announce his choice. In an interview with CNBC, Trump said Fed Governor Adriana Kugler's...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
03.30 U.S API Weekly Statistical Bulletin
06.30 JPN Average Cash Earnings y/y 1.4% 2.5%
13.00 EUR German Factory Orders m/m -1.4% -1.0%
15.00 EUR Italian Industrial Production m/m -0.7%
15.30 GBP Construction PMI 48.8
MARKET CHART
Loco Gold Daily Chart (LGD)