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Asia Stocks Rise as Optimism Remains Over Economic Recovery From Coronavirus Pandemic
Thursday, 4 June 2020 07:38 WIB

Stocks in Asia rose in Thursday morning trade as optimism over the economic recovery from the coronavirus pandemic continued to keep investor sentiment afloat. South Korea™s Kospi led gains among the region™s major markets as it rose 1.76% in early trade, adding to its nearly 3% Wednesday surge. In Japan, the Nikkei 225 added 1.06% while the Topix index advanced 0.85%. Meanwhile, shares...

U.S. Services Sector Off 11-Year Trough
Wednesday, 3 June 2020 21:19 WIB

U.S. services industry activity pushed off an 11-year low in May, but businesses appeared in no rush to rehire workers as they reopen, supporting views the economy could take years to recover from the devastation caused by the COVID-19 crisis. The Institute for Supply Management (ISM) said on Wednesday its non-manufacturing activity index rose to a reading of 45.4 last month from 41.8 in April,...

Euro Near Multi-Month High as Markets Bet on ECB Stimulus Boost
Thursday, 4 June 2020 08:30 WIB

The euro held near multi-month highs against rival majors Thursday on expectations the European Central Bank will expand its bond buying programme later in the day to shore up the coronavirus-stricken economy. The euro's strength helped to push the dollar's index against a basket of key currencies to the lowest level in nearly three months. The euro stood at $1.12305, having risen to $1.1258...

Indigenous Australians Show Solidarity With US Protesters
Wednesday, 3 June 2020 23:40 WIB

As protests take place in the United States of America, indigenous families who have had bad experiences with law enforcement say police brutality is a serious problem in Australia. Aboriginal Australians make up about 3 percent of the total population, but almost a third of the prison population are indigenous. David Dungay Jr died in a prison hospital in Sydney in 2015...

Australia Central Bank Pins Hope on Quicker Economic Recovery After Pandemic Shutdown
Tuesday, 2 June 2020 13:25 WIB

Australia™s central bank held rates at all-time lows on Tuesday and sounded less gloomy as the economy gradually re-opens during what is likely to be the worst quarter since the Great Depression. The Reserve Bank of Australia (RBA) left rates at 0.25% at its monthly policy meeting in a widely expected decision, and said the œaccommodative approach will be maintained as...

Time Country IM Figures Previous Forecast Actual
08.30 AUD L Retail Sales m/m -17.9% -17.9%
08.30 AUD H Trade Balance (AUD) 10.60B 7.50B
10.35 JPN L 30-y Bond Auction 0.45|3.7
13.30 CHF L CPI m/m (CHF) -0.4% -0.1%
14.15 EUR L Spanish Services PMI 7.1 24.0
14.45 EUR L Italian Services PMI 10.8 26.2
14.50 EUR L French Final Services PMI 29.4 29.4
14.55 EUR L German Final Services PMI 31.4 31.4
15.00 EUR L Final Services PMI (EUR) 28.7 28.7 30.5
15.30 GBP L Construction PMI 8.2 30.0
16.00 EUR L Retail Sales m/m -11.2% -18.0%
18.30 U.S L Challenger Job Cuts y/y 1576.9%
18.45 EUR H Main Refinancing Rate 0.00% 0.00%
18.45 EUR H Monetary Policy Statement - - -
19.30 EUR H ECB Press Conference - - -
19.30 U.S M Unemployment Claims 2123K
19.30 U.S L Revised Nonfarm Productivity q/q -2.5% -2.5%
19.30 U.S L Revised Unit Labor Costs q/q 4.8% 4.8%
19.30 U.S L Trade Balance (US) -44.4B -41.5B
21.30 U.S L Natural Gas Storage 109B


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