MARKET UPDATE
Wall St Jumps at Open as U.S. Job Growth Accelerates
Thursday, 2 July 2020 20:47 WIB

Wall Street's main indexes opened higher on Thursday, with the Nasdaq hitting a record high, as data showed the U.S. economy added jobs at a record pace in June, bolstering hopes of a post-pandemic economic rebound. The Dow Jones Industrial Average rose 201.48 points, or 0.78%, at the open to 25,936.45. The S&P 500 opened higher by 27.78 points, or 0.89%, at 3,143.64, while the Nasdaq...

ECONOMY
US NFP surges by 4.8 million in June, Unemployment Rate falls to 11.1%
Thursday, 2 July 2020 19:50 WIB

Nonfarm Payrolls (NFP) in the US increased by 4,800,000 in June, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed May's increase of 2,699,000 (revised from 2,509,000) and came in better than the market expectation of 3,000,000. Further details of the publication revealed that the Unemployment Rate fell to 11.1% from 13.3% in May and the Labor...

COMMODITY
Oil Futures Climb on Shrinking U.S. Crude Inventories
Thursday, 2 July 2020 19:43 WIB

Crude-oil prices headed higher Thursday for a second session, as values continued to garner support from a bullish report on U.S. stockpiles this week. The Energy Information Administration reported Wednesday that U.S. crude inventories fell by 7.2 million barrels for the week ended June 26, coming after three consecutive weeks of increases. Energy markets have also been keying in on increases...

GLOBAL
US, German Firms Say Possible COVID Vaccine Shows Encouraging Results
Thursday, 2 July 2020 17:43 WIB

Tests of a possible COVID-19 vaccine are showing encouraging results, U.S. and German scientists say. U.S.-based Pfizer and the German firm BioNTech have teamed up for what they call Project Lightspeed, whose goal is a vaccine against COVID-19. Both firms Wednesday announced "early positive data from the most advanced of four potential vaccines they are developing,...

FISCAL & MONETARY
ECB's Lagarde: Economic recovery will be a complicated matter
Friday, 26 June 2020 15:19 WIB

European Central Bank (ECB) President Christine Lagarde, while presenting at an Online Summit organised by the European Business Leaders' Convention, said that we probably have passed the lowest point of the crisis. Additional quotes: Still cautious because of the second wave of infections. Economic recovery will be a complicated matter. Recovery will be incomplete, maybe...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.