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Friday, 14 June 2019 19:50 WIB

Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain. There was a big rise in auto sales, but the even when that was stripped out, retail sales rose 0.5%, the government said. Almost all categories showed gains in May. The only decline were food and beverage stores, department stores, miscellaneous...

RECENT NEWS
Australian Employment Rose 42,300 in May; Estimate 16,000 Gain
Thursday, 13 June 2019 08:50 WIB | Ekonomi Australia

Australia central bank ended an almost three-year pause last week, resuming interest rate cuts to try to drive the jobless rate down toward 4.5% -- its new estimate of full employment -- and revive inflation. The statistics bureau released the data in Sydney on Thursday. Unemployment rate 5.2%; est. 5.1%. Full-time jobs rose 2,400. Part-time jobs rose 39,800. Participation rate 66.0%; est. 65.8%. AUD at 69.23 U.S. cents vs 69.30 cents pre-data. Source : Bloomberg

US: Annual core Consumer Price Index (CPI) falls to 2% in May vs. 2.1% expected
Wednesday, 12 June 2019 19:54 WIB | Ekonomi AS CPI

The data published by the U.S. Bureau of Labor Statistics on Wednesday revealed that inflation, as measured by the Consumer Price Index (CPI), fell to 1.8% in May from 2% in April and fell short of the market expectation of 1.9%. With the initial reaction, the US Dollar Index extended its losses and was last down 0.1% on the day at 96.63. On a monthly basis, Further details of the report showed that the CPI on a monthly basis edged down to 0.1% from 0.3%. The core CPI, which excludes volatile food and energy prices, stayed unchanged at 0.1% for the month and ticked down to 2% on a yearly...

Australia Interest-Rate Cut Fails to Lift Gloom About Economy
Wednesday, 12 June 2019 08:51 WIB | Ekonomi Australia

Australia debt-laden households responded more with concern than enthusiasm to the Reserve Banks interest-rate cut, according to surveys conducted since last weeks move. Westpac Banking Corp.s consumer sentiment index fell 0.6% in June, while Australia & New Zealand Banking Group Ltd.s weekly report showed a 2% drop, the lenders said Wednesday. Westpac noted that confidence was showing signs of strength in the lead up to the policy easing, but that fell away in the following days -- suggesting respondents were impacted by last weeks GDP data...

UK wages rise by 3.4% 3m y/y in April, beat estimates
Tuesday, 11 June 2019 15:52 WIB | U.K

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses, bettered expectations, arriving at 3.4% 3m y/y in April versus 3.3% last and 3.1% expected while the gauge including bonuses came in at 3.1% 3m y/y in April versus 3.3% previous and 3.0% expected. The Kingdom's official jobless rate steadied at 3.8% in April, while the claimant count change showed a slight bigger-than-expected increase. The number of people claiming jobless benefits rose by 23.2k in May, against expectations of a 22.9k increase and +19.1k (revised from +24.7k)...

UK manufacturing production slumps 3.9% m/m in April, a big miss
Monday, 10 June 2019 15:58 WIB | Ekonomi inggris GDP Inggris

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, with the overall industrial activity showing sluggishness in the month of April. Manufacturing output arrived at -3.9% m/m in Apr versus 0.2% expectations and 0.9% booked in Mar, while total industrial output came in at -2.7% vs. 0.1% expected and 0.7% last.       On an annualized basis, the UK manufacturing production figures came in at -0.8% in Apr, missing expectations of +1.3% by a big margin. Total industrial output jumped by -1.0% in Apr,...

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ASIA
Kenaikan Upah Jepang Berakselerasi pada November Meski Prospek yang Suram
Wednesday, 9 January 2019 07:18 WIB

Upah Jepang naik lebih dari yang diperkirakan pada bulan November, menawarkan harapan pengeluaran konsumen yang lebih kuat dapat memicu inflasi jika kenaikan berkelanjutan. Secara keseluruhan,...

UNITED STATES
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...

EUROPE
Pasar Tenaga Kerja Ketat, Upah Inggris Tumbuh pada Kecepatan Tercepat Sejak 2008
Tuesday, 22 January 2019 17:09 WIB

Warga Inggris menikmati pertumbuhan upah terkuat sejak krisis keuangan satu dekade lalu seiring pasar tenaga kerja semakin ketat. Pendapatan rata-rata tidak termasuk bonus terus meningkat 3,3...

GLOBAL ECONOMY
Trump Mengatakan China Akan `Mengurangi dan Mengeluarkan' Tarif Impor Kendaraan
Monday, 3 December 2018 12:08 WIB

Presiden AS Donald Trump mengatakan China telah setuju untuk "mengurangi dan menghapus" tarif terhadap mobil-mobil Amerika dari 40 persen saat ini. Dia tidak memberikan rincian lain dalam tweet-nya...