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European markets higher amid continued political uncertainty; Maersk shares up 1.3%
Friday, 24 May 2019 14:28 WIB

European markets were higher on Friday morning, despite trade war fears continuing to put global stocks under pressure. The pan-European Euro Stoxx 600 index was 0.4% higher with all major borses and most sectors in positive territory. Stocks sensitive to trade wars, such as autos and miners, were the biggest gainers, both jumping by more than 1%. In corporate news, Moeller Maersk shares were...

German economy rebounded due to domestic demand
Thursday, 23 May 2019 14:38 WIB

The German economy rebounded in the first quarter after narrowly avoiding recession late last year, led by a strong rise in household consumption and a booming construction sector, the Federal Statistical Office said Thursday. Germany's gross domestic product--the broadest measure of goods and services produced in an economy--expanded 0.4% in the three months through March from the previous...

Oil Set for Biggest Weekly Drop of the Year as Trade War Bites
Friday, 24 May 2019 13:50 WIB

Oil headed for its biggest weekly drop since December as the rapidly escalating trade war caused investors to reassess the outlook for global growth, drowning out concern over multiple supply risks. Futures in New York rebounded as much as 1.4% Friday after plunging 5.7% the day before. Crude is being caught in a stampede out of riskier assets driven by the White...

Pentagon Denies Media Reports Detailing Mideast Troop Increase
Friday, 24 May 2019 14:12 WIB

Acting Defense Secretary Patrick Shanahan has denied reports that between 5,000 and 10,000 U.S. troops could be sent to the Middle East to defend against a potential threat by Iran. "There is no 10,000. There's no 5,000. That's not accurate," he told reporters, referring to a Reuters report that the Pentagon was considering sending 5,000 defensive troops to the region, and...

Fed minutes: Voters say patient stance can last 'for some time'
Thursday, 23 May 2019 01:16 WIB

The voting members of the Federal Open Market Committee seemed comfortable with their patient stance on interest rate, agreeing it could last for "some time," according to minutes of their April 30- May 1 meeting released Wednesday. Even if global economic and financial conditions improve, a wait-and-see approach was warranted, the officials said. Officials were split on the...

Time Country IM Figures Previous Forecast Actual
06.30 JPN L National Core CPI y/y 0.8% 0.9% 0.9%
11.30 JPN L All Industries Activity m/m -0.2% -0.1% -0.4%
15.30 GBP H Retail Sales m/m (GBP) 1.1% -0.3%
17.00 GBP L CBI Realized Sales 13 6
19.30 U.S H Core Durable Goods Orders m/m 0.3% 0.1%
19.30 U.S M Durable Goods Orders m/m 2.6% -2.0%
20.00 EUR L Belgian NBB Business Climate -3.2 -2.3
Day 2 EUR H European Parliamentary Elections


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