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RECENT NEWS
Data Nonfarm Payroll AS Hanya Menambahkan Sebanyak 12K

Menurut Biro Statistik Tenaga Kerja AS pada hari Jumat (1/11), nonfarm payrolls AS (penggajian non-pertanian) hanya menambahkan sebanyak 12K pada bulan Oktober pasca kenaikan luar biasa sebesar 223K pada bulan September.

UK CPI expected to rebound sharply in January, challenging BoE's rate cut path

United Kingdom's Office for National Statistics will publish the January CPI data on Wednesday.The annual UK headline and core CPI inflation are expected to increase in January.The Pound Sterling braces for volatility on the UK CPI report data release amid a prudent BoE.The high-impact Consumer Price Index (CPI) data from the United Kingdom (UK) for January will be published by the Office for National Statistics (ONS) on Wednesday at 07:00 GMT. The Pound Sterling (GBP) could witness a big reaction to the UK CPI inflation report, which will likely have a strong bearing on the Bank of...

US Retail Sales Rise 0.6% in June, Compared to 0.1% Expected

Retail sales in the US increased 0.6% month-on-month to $720.1 billion in June, the US Census Bureau reported on Thursday. This figure follows a 0.9% decline reported in May and was better than market expectations of a 0.1% increase. On an annual basis, retail sales rose 3.9% in June, compared to 3.3% in May. "Total sales for the period April 2025 to June 2025 increased 4.1% compared to the same period last year," the press release stated. (alg) Source: FXstreet

Bessent Sees No Reason for Powell to Resign from the Fed Now (3)

Treasury Secretary Scott Bessent has lent his support to Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chairman to resign. "Nobody is telling me he should resign now," Bessent said of the US central bank chief, speaking Tuesday on Fox Business. "His term ends in May. If he wants to continue, I think he should. If he wants to leave early, I think he should." Powell has been criticized by President Donald Trump for months for leading the Fed on hold, refusing to continue rate cuts last year due to concerns about the...

Trump extends China tariff deadline by 90 days

President Donald Trump on Monday delayed high U.S. tariffs on Chinese goods from snapping back into place for another 90 days, a White House official told CNBC. Those tariffs were set to resume Tuesday. But Trump signed an executive order hours beforehand that extends the deadline until mid-November, according to the official. The delay was the expected outcome from the latest round of talks between U.S. trade negotiators and their Chinese counterparts, which took place in Stockholm in late July. If the deadline were not extended, then U.S. duties on China would have shot back up to where...