Friday, 10 July 2020
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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 1.31 million in the week ended July 4, Labor Department data showed Thursday. The median forecast in a Bloomberg survey of economists called for 1.375 million. Continuing claims -- the total number of Americans claiming ongoing unemployment benefits in state programs -- declined to 18.1 million...

RECENT NEWS
Coronavirus likely hammered U.S. retail sales again in April
Friday, 15 May 2020 20:14 WIB | Ekonomi AS

Retail sales crater record 16% in April amid coronavirus lockdowns and spending slump Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending. Retail sales tumbled in every category except online shopping, the government said Friday. Sales also sank by a revised 8.3% in March, easily marking the worst back-to-back declines in modern American history. Economists polled by MarketWatch expected a 12.5% plunge. Receipts at auto dealers fell more than 12% as...

German GDP Shrinks by 2.2% in The First Quarter as Coronavirus Lockdown Weighs
Friday, 15 May 2020 15:27 WIB | Ekonomi Jerman

German GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of 2019, official statistics revealed Friday. The contraction, fueled by the early stages of nationwide lockdowns implemented in March to curtail the coronavirus pandemic, was in line with analyst expectations. Germany began easing its lockdown restrictions in late April, having experienced a considerably lower death rate than other major European countries. According to the Robert Koch Institute for Disease Control, the transmission rate for the coronavirus remained below the key...

Australia April unemployment rate +6.2 pct, s/adj (Reuters poll: +8.3)
Thursday, 14 May 2020 08:57 WIB | Ekonomi Australia Unemployment

The Aussie payrolls data had been indicating that around 1 million had already been rendered inactive. Today's official employment and unemployment statistics have been held in high anticipation and the data has finally arrived as follows: Australia April employment -594.3k s/adj (Reuters poll: -575.0k). Australia April unemployment rate +6.2 pct, s/adj (Reuters poll: +8.3). Australia April full-time employment -220.5k s/adj. Australia April participation rate +63.5 pct, s/adj (Reuters poll: +65.2 pct) The Unemployment Rate released by the Australian Bureau of Statistics is the number of...

UK GDP contracts -2.0% QoQ in Q1 vs. -2.5% expected, GBP/USD unfazed
Wednesday, 13 May 2020 13:28 WIB | GDP Inggris Ekonomi inggris

The preliminary reading of the first quarter 2020 UK GDP came in at -2.0% QoQ vs. -2.5% expected and 0.0% last while on an annualized basis the figure stood at -1.6% vs. -2.1% expected and +1.1% seen previously. The UK GDP monthly release showed that the UK economy contracted in March, arriving at -5.8% versus -8.0% expected and -0.1% previous. Meanwhile, Index of services (March) arrived at -1.9% 3M/3M vs. +0.3% expected and +0.2% prior. The Cable keeps its range around 1.2275 region, largely unfazed by the UK growth numbers. The Gross Domestic Product released by the National...

Consumer inflation posts biggest decline in April since 2008 as prices sink, CPI shows
Tuesday, 12 May 2020 20:17 WIB | Ekonomi AS CPI Amerika

One thing anxious Americans dont have to worry about with the COVID-19 pandemic shutting down large chunks of the economy is inflation. Consumer prices sank 0.8% in April, led by tumbling gasoline prices, to mark the biggest decline since the Great Recession. The decline in the consumer price index last month was the steepest since 2008. Economists polled by MarketWatch had also forecast an 0.8% drop. Prices at the pump led the decline, the government said Tuesday. Stay-at-home orders kept Americans off the roads and curbed the need to fuel up. Yet prices also fell by record amounts for...

U.K Bank Sentral Swiss, Spanyol Bursa Hong Kong Pending Home Sales Ekonomi AS Zona Euro, indeks Topix Bank Sentral Eropa German Ifo Business Climate Jobless Claim Ekonomi Jepang Indeks saham berjangka A.S. Indeks S&P 500 Bursa Tokyo MSCI Asia Pacific
ASIA
China's Factory Outlook Improves More than Expected in September
Monday, 30 September 2019 09:02 WIB

A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing...

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
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB

Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash reading of the country's composite Purchasing...

GLOBAL ECONOMY
First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB

A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...