Tuesday, 24 September 2019
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Monday, 23 September 2019 14:57 WIB

Germany™s private sector is suffering its worst downturn in almost seven years as a manufacturing slump deepens, raising pressure on the government to add fiscal stimulus. A Purchasing Manager™s Index fell to 49.1 in September from 51.7 a month earlier, according to IHS Markit. The reading was worse than economists predicted and the lowest since October 2012. It™s also the first reading below 50, signaling contraction, since April 2013. The confluence of trade tensions, challenges for the auto industry and looming Brexit are œparalyzing order books in...

RECENT NEWS
Australia's retail sales drop 0.1% in April, a big miss
Tuesday, 4 June 2019 08:49 WIB | Retail Sales AUD,

Australia's consumption, as represented by retail sales, dropped in the month of April, missing estimates by a big margin, the Australian Bureau of Statistics (ABS) reported on Tuesday. The retail sales arrived at -0.1 percent month-on-month, compared to the forecast of +0.2 percent and down from previous month's reading of +0.3 percent. œThe trend estimate rose 0.2% in April 2019. This follows a rise of 0.2% in March 2019, and a rise of 0.2% in February 2019. The seasonally adjusted estimate fell 0.1% in April 2019. This follows a rise of 0.3% in March 2019, and a rise of 0.8% in...

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...

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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...