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Hong Kong Stocks Rise For Third Day (Review)
Thursday, 4 June 2020 03:20 WIB

Hong Kong shares rallied for a third straight day Wednesday as the easing of lockdowns around the world overshadowed worries about China-US tensions. The Hang Seng Index climbed 1.37 percent, or 329.68 points, to 24,325.62. The benchmark Shanghai Composite Index rose 0.07 percent, or 1.97 points, to 2,923.37, while the Shenzhen Composite Index on China's second exchange was flat, inching up...

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,...

Oil rises in volatile session as traders eye OPEC cuts
Thursday, 4 June 2020 01:43 WIB

Oil moved between gains and losses in a volatile trading session, as demand continues to improve, but as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies. Brent crude futures for August were down 7 cents, or 0.2%, at $39.50 a barrel. The session high of $40.53 was the highest since March 6. West Texas Intermediate...

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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