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MARKET UPDATE
Hong Kong Shares Start Slightly Higher
Wednesday, 27 May 2020 09:10 WIB

Hong Kong stocks opened on a positive note Wednesday, extending gains into a third day as traders continue to put the easing of global lockdowns above China-US tensions. The Hang Seng Index added 0.56 percent, or 130.48 points, to 23,515.14. China's benchmark Shanghai Composite Index was marginally higher, inching up 0.77 points to 2,847.32, while the Shenzhen Composite Index on the country's...

ECONOMY
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...

COMMODITY
Emas Datar Seiring Kekhawatiran Hong Kong Mengimbangi Pembukaan Kembali Optimisme
Wednesday, 27 May 2020 09:45 WIB

Emas diperdagangkan mendatar pada hari Rabu karena kekhawatiran tentang respons AS terhadap undang-undang keamanan yang diusulkan China untuk Hong Kong membalas optimisme tentang pembukaan kembali ekonomi global. Spot emas tidak berubah ke level $ 1,711.93 per ons pada 1243 GMT setelah penurunan 1% pada hari Selasa. Emas berjangka AS juga datar, di level $ 1,705. Presiden A.S. Donald Trump...

GLOBAL
New York Times Marks 'Incalculable Loss' in US COVID Deaths
Wednesday, 27 May 2020 00:26 WIB

The U.S. death toll from the coronavirus is expected to reach 100,000 in a few days.  To mark the solemn landmark, the front page of the print version of the Sunday New York Times is a simple list of names of dead victims of the disease and brief personal details about them scoured from media around the country.   Sunday™s headline is œU.S. Deaths Near...

FISCAL & MONETARY
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...

ECONOMIC CALENDAR
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
MARKET REVIEW

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