MARKET UPDATE
Hong Kong shares down at break
Monday, 30 March 2020 11:17 WIB

Hong Kong stocks ended Monday's morning session more than one percent down as the coronavirus continues to spread rapidly around the world, fanning concerns about the impact on the global economy. The Hang Seng Index fell 1.29 percent, or 303.21 points to 23,181.07. Sumber : AFP

ECONOMY
A Record 3.28 Million Americans Applied for Unemployment Benefits Last Week Due to Coronavirus
Thursday, 26 March 2020 20:43 WIB

The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down and companies laid off scores of workers to cope with the coronavirus pandemic. The seasonally adjusted increase in initial jobless claims from March 15 to March 21 was the largest ever, easily crushing the previous record of 695,000 in 1982....

COMMODITY
Gold Prices Slip After Big Weekly Gains
Monday, 30 March 2020 10:21 WIB

Gold prices slipped on Monday in Asia after recording their biggest weekly gains since 2008. Gold futures were down by 0.1% at $1,652.50 by 9:34 PM ET (2:34 GMT), after almost reaching the $1,700 mark last week amid fears about the economic impact damage from the pandemic. The Asian stock markets, which usually move in directions opposite to gold, also fell today. The COVID-19 pandemic...

GLOBAL
US Health Expert: Coronavirus Could Kill 100,000 in US
Monday, 30 March 2020 11:32 WIB

The top U.S. government infectious disease expert, Dr. Anthony Fauci, predicted Sunday that 100,000 or more Americans could die from the coronavirus pandemic, 50 times the current death toll. Fauci told CNN that the U.S. could have œmillions of cases of COVID-19, a vast spread of the pandemic in the country, where officials now officially count 124,000 confirmed cases...

FISCAL & MONETARY
Bank of England Keeps Rates at Nearly Zero and Says Could Expand Asset Purchases if Necessary
Thursday, 26 March 2020 19:22 WIB

The Bank of England voted unanimously to keep interest rates at 0.1% and maintain its £200 billion program of buying UK government bond and sterling non-financial investment-grade corporate bond purchases. "Regarding the impact of asset purchases, gilt yields fell significantly following the previous week's special MPC meeting and the commencement of additional gilt...

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