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Hong Kong stocks start lower
Tuesday, 14 July 2020 09:05 WIB

Hong Kong shares opened lower Tuesday after the city joined several countries in reimposing containment measures as the virus sees a resurgence, fuelling worries about the economic recovery. The Hang Seng Index slipped 0.42 percent, or 108.96 points, to 25,663.16. The benchmark Shanghai Composite Index fell 0.24 percent, or 8.26 points, to 3,435.02, while the Shenzhen Composite Index on...

U.S. Initial Jobless Claims Fell Last Week by More Than Forecast
Thursday, 9 July 2020 19:43 WIB

Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases. Initial jobless claims in regular state programs fell by 99,000 to 1.31 million in the week ended July 4, Labor Department data showed Thursday. The median forecast in...

Gold Steadies Amid U.S.-China Tensions, WHO's Warning
Tuesday, 14 July 2020 09:31 WIB

Spot gold was steady as investors weighed fresh tensions between the U.S. and China, this time over territorial claims, and the economic damage caused by the pandemic. The Trump administration rejected China™s expansive maritime claims in the South China Sea, reversing a previous policy of not taking sides in such disputes and escalating tensions with Beijing on yet another...

WHO Warns 'No Return to Normal' Amid Pandemic
Tuesday, 14 July 2020 10:16 WIB

The World Health Organization (WHO) warned Monday that there would be œno return to the old 'normal™ for the foreseeable future as COVID-19 cases rise across the globe. Nearly 13 million confirmed cases of COVID-19 have been reported around the world resulting in nearly 570,000 deaths, according to data from the Johns Hopkins Coronavirus Resource Center. In a regular...

BoE's Bailey Says Now is The Time to Plan for Post-Libor Era
Monday, 13 July 2020 23:22 WIB

Bank of England Governor Andrew Bailey said financial institutions must have plans in place now for the end-2021 deadline for dropping Libor (London Interbank Offered Rate), the discredited interest rate benchmark used to price trillions of dollars of financial contracts. Bailey acknowledged there had been calls to step back from the Libor transition as a priority because of...

Time Country IM Figures Previous Forecast Actual
01.00 U.S L Federal Budget Balance -398.8B -860.0B -864.1B
06.01 GBP L BRC Retail Sales Monitor y/y 7.9% 2.5% 10.9%
08.30 AUD M NAB Business Confidence -20 - 1
11.30 JPN L Revised Industrial Production m/m -8.4% -8.4%
13.00 EUR L German Final CPI m/m 0.6% 0.6%
13.00 GBP M GDP m/m -20.4% 5.0%
13.00 GBP M Manufacturing Production m/m -24.3% 7.5%
13.00 GBP L Construction Output m/m -40.1% 14.9%
13.30 CHF L PPI m/m (CHF) -0.5% 0.3%
16.00 EUR L ZEW Economic Sentiment 58.6 55.8
16.00 EUR L German ZEW Economic Sentiment 63.4 60.1
17.00 U.S L NFIB Small Business Index 94.4 97.5
19.30 ALL M CPI m/m -0.1% 0.1%
19.30 U.S M Core CPI m/m -0.1% -0.1%
All Day EUR L French Bank Holiday - - -
Tentative CHN M Trade Balance (CHN) 443B 410B
Tentative GBP L NIESR GDP Estimate -17.6%
Thursday, 9 July 2020 14:45 WIB
Gold Drove on the Positive Track
Thursday, 2 July 2020 15:37 WIB
Hang Seng Back Wriggling


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