MARKET UPDATE
Hong Kong Stocks Start Week With Another Sharp Drop (Review)
Tuesday, 25 February 2020 04:14 WIB

Hong Kong suffered more big losses Monday as investors fret that the coronavirus could become a global pandemic, with energy firms and companies linked to tourism among the worst hit. The Hang Seng Index fell 1.79 percent, or 487.93 points, to close at 26,820.88. The benchmark Shanghai Composite Index slipped 0.28 percent, or 8.44 points, to 3,031.23 and the Shenzhen Composite Index rose 1.36...

ECONOMY
German Business Morale Rises in February, Unfazed by Coronavirus - Ifo
Monday, 24 February 2020 16:38 WIB

German business morale rose unexpectedly in February, a survey showed on Monday, easing recession fears in Europe™s largest economy which has been losing momentum as its manufacturers struggle with falling exports. The Ifo institute said its business climate index rose to 96.1 after an upwardly revised 96.0 in January. The February reading compared with a Reuters consensus forecast for a fall...

COMMODITY
U.S. oil prices settle down nearly 4% as coronavirus outbreak spreads
Tuesday, 25 February 2020 02:59 WIB

Oil futures settled lower on Monday, with U.S. prices losing almost 4% as the market continued to fret over the impact of coronavirus on energy demand. "It could be a bloodbath for oil in the short-term as the risks of a global pandemic will cripple travel and trade," said Edward Moya, senior market analyst at Oanda, in a market update. He said U.S. benchmark crude futures may trade in the...

GLOBAL
Afghanistan's First Case of Coronavirus Confirmed
Monday, 24 February 2020 23:36 WIB

Officials in Afghanistan said Monday a patient who recently visited neighboring Iran has tested positive for the coronavirus and is in isolation in a hospital in the western border province of Herat. The revelation comes as the outbreak of the disease, known as COVID-19, has killed at least 12 people in Iran and infected dozens more since last Wednesday when the country...

FISCAL & MONETARY
Fed officials more upbeat about the economic outlook this year, minutes show
Thursday, 20 February 2020 02:35 WIB

Federal Reserve officials and the central bank™s staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released Wednesday. The risks to the outlook were more favorable than had appeared at their meeting in mid-December. There were concerns expressed during their discussions about the threat...

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