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Wall Street Opens Higher on Recovery Optimism
Wednesday, 27 May 2020 20:51 WIB

U.S. stock indexes gained at the open on Wednesday as a pickup in business activity fueled hopes of a post-pandemic economic recovery, while investors remained cautious about brewing U.S.-China tensions. The Dow Jones Industrial Average rose 303.52 points, or 1.21%, at the open to 25,298.63. The S&P 500 opened higher by 23.88 points, or 0.80%, at 3,015.65, and the Nasdaq Composite gained...

U.K. Retail Sales Fall by a Record 18% in April, Clothing Sales Slump 50%
Friday, 22 May 2020 13:44 WIB

A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday. The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of...

Gold Slides Below $1,700 an Ounce as Stock-Market Rally Dulls Haven Appeal
Wednesday, 27 May 2020 19:57 WIB

Gold lost ground Wednesday, sliding below the psychologically important $1,700-an-ounce level as an ongoing stock-market rally in response to easing COVID-19 lockdowns robbed the yellow metal of its haven appeal. Gold for June delivery on Comex dropped $12.60, or 0.7%, to $1,693 an ounce, while July silver was off 13 cents, or 0.7% at $17.465 an ounce. A dip below $1,700 could turn into a...

First Human Trial of Potential COVID-19 Vaccine Underway in Australia
Wednesday, 27 May 2020 17:52 WIB

The southern hemisphere's first human trials of a potential coronavirus vaccine have started in Australia.  131 people aged between 18-59 are involved in the program in Melbourne and Brisbane.           The potential vaccine, NVX-CoV2373, is being developed by the American biotech company Novavax. It started working on...

RBA's Lowe: Australian financial system is resilient and is well placed to deal with COVID-19
Thursday, 21 May 2020 09:53 WIB

Reserve Bank of Australia (RBA) Governor Philip Lowe is on the wires now, via Reuters, speaking on a panel at FINSIA's "The Regulators" Webinar. "Australian financial system is resilient and is well placed to deal with COVID-19." "Capital and liquidity buffers that exist are available to be drawn upon if required to support the economy." "Important that lenders continue to...

Time Country IM Figures Previous Forecast Actual
08.30 AUD L Construction Work Done q/q -2.9% -1.5% -1.0%
14.30 EUR M ECB President Lagarde Speaks - - -
21.00 U.S L Richmond Manufacturing Index -53 -40 -27


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