Wednesday, 17 July 2019
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Tuesday, 16 July 2019 19:58 WIB

Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes. Retail sales increases 0.4% last month, the government said Tuesday. Economists polled by MarketWatch expected a 0.1% gain. The increase was an even larger 0.7% if gasoline sales are stripped out. Falling oil prices caused a big drop in sales at gas stations. Retail sales offer a clear window in the health of the consumer-driven U.S. economy. Retail...

RECENT NEWS
China's Caixin manufacturing PMI steadies at 50.2 in May, Aussie hits 3-week tops
Monday, 3 June 2019 09:01 WIB |

China's May Caixin manufacturing PMI came in at 50.2 vs. 50.0 expected and 50.2 last, as operating conditions improved for the first time in four months. On Friday, the purchasing managers' index (PMI) for China's manufacturing sector arrived at 49.4 in May, down from 50.1 in April, the National Bureau of Statistics (NBS) reported. œChinese manufacturing firms signalled a further slight improvement in overall operating conditions during May. Total new work rose at a faster pace, supported by a renewed increase in export sales, while production was broadly stable. As a result, backlogs of...

China's Factory Outlook Worsens as Trade War Heats Up Again
Friday, 31 May 2019 08:43 WIB | ekonomi China

The outlook for China's manufacturing sector deteriorated more than expected in May, as weakness in the domestic economy combined with escalation in the trade standoff with the U.S. The manufacturing purchasing managers' index (PMI) dropped to 49.4, according to data released by the National Bureau of Statistics on Friday. That's worse than the 49.9 forecast in a Bloomberg survey of economists. The non-manufacturing gauge remained steady to 54.3. A reading below 50 signals contraction. The outlook worsened across all enterprise size categories, though by the most among small...

U.S. First-Quarter Growth Revised Down to 3.1% Pace From 3.2%
Thursday, 30 May 2019 19:45 WIB | Ekonomi AS PDB AS GDP AS

U.S. economic growth last quarter was revised down by less than expected amid stronger consumption and exports than initially reported, suggesting the expansion was on relatively firm footing before President Donald Trump's escalation of the trade war with China. Inflation-adjusted gross domestic product increased at a 3.1% annualized rate in the January-March period, compared with an initially reported 3.2% and analyst estimates for a revision to 3%, Commerce Department data showed Thursday. Consumer spending, which accounts for the majority of the economy, grew 1.3%,...

First quarter (Q1) Private Capital Expenditure arrives big miss (-1.7% vs 0.5%) , AUD lower
Thursday, 30 May 2019 08:57 WIB | Ekonomi Australia

The main focus is on Private Capital Expenditure where a small decline in expenditure for Q1 2019 was expected on the street. Analysts at ANZ Bank Australia were noting that Business conditions had not recovered since the deterioration in late 2018, while trade tension overseas sows doubt, adding: "Mining capex is nearing the end of its downturn and plans for 2019-20 are upbeat. We expect only a small improvement in non-mining capex plans from the December quarter estimate." The data arrived as follows: Private Capital Expenditure (Q1): -1.7%  vs expected 0.5% and vs prior 2.0%. Capex...

Durable-Goods Orders Slump 2.1% in April And Business Investment Almost Dries Up
Friday, 24 May 2019 20:02 WIB | Ekonomi AS U.S. Durable Goods

Orders for durable or long-lasting goods fell sharply in April, mostly because of falling demand for Boeing jets and new cars and trucks. Business investment also continued to weaken, reflecting worries about the China trade fight and a slower U.S. economy. Orders for durable goods ” products meant to last at least three years ” dropped 2.1% in April, the government said Friday. The increase in orders in March was also marked down. Economists surveyed by MarketWatch had forecast a 2.4% decline in new orders. If cars and planes are stripped out, orders were flat. Transportation often...

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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
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
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...