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LATEST NEWS
Hong Kong Stocks Head Into Weekend With a Loss (Review)

Hong Kong shares finished Friday with losses, in line with an Asia-wide sell-off, after data showed a massive 6.7 million Americans last week applied for unemployment benefits as the coronavirus shatters the global economy. The Hang Seng Index fell 0.19 percent, or 43.95 points, to...

Dow closes more than 350 points lower as job losses hit an 11 year high

U.S. stocks closed lower Friday as investors assessed the economic damage wrought by the coronavirus epidemic, after the Labor Department reported the U.S. economy lost more than 700,000 jobs in March, and that the unemployment rate rose to a near three-year high of 4.4%. The Dow Jones Industrial...

U.S. oil prices climb by nearly 32% for the week

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an agreement to significantly cut production levels as efforts to slow the spread of COVID-19 continues to hurt...

USD CSI 300 ekonomi A.S Irak Minyak Mentah Europe 600 Indek stoxx europe 600 Gold Outlook MH17, ekonomi PMI China The Fed Afghanistan Taiwan Ekonomi AS Nikkei 225
ASIA
China's Factory Outlook Improves More than Expected in September
Monday, 30 September 2019 09:02 WIB

A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing...

UNITED STATES
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...

EUROPE
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB

Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash reading of the country's composite Purchasing...

GLOBAL ECONOMY
First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB

A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...

U.S. Shed 701,000 Jobs in March in Foretaste of Worse to Come

Friday, 3 April 2020 19:48 WIB

The U.S. economy shed 701,000 jobs in the month to mid-March, the government said in a monthly labor market report that largely predates any impact from the Covid-19 pandemic on the U.S. economy. The figures, normally the most eagerly-awaited data of the month in global financial markets, have already been rendered largely meaningless by the unprecedented spike in jobless claims over the subsequent two weeks. Nearly 10 million Americans “ 6% of a total workforce of 164 million - have filed for unemployment benefit since the Bureau of Labor Statistics™ cut-off date of March 12. Analysts had expected a drop of 100,000 in overall employment, according to an Investing.com poll, roughly...

RECENT NEWS
U.S. Initial Jobless Claims Leap to Record 6.65 Million
Thursday, 2 April 2020 19:52 WIB | Jobless Claim Ekonomi AS Klaim pengangguran AS

The number of Americans applying for initial unemployment benefits surged to a new record 6.65 million last week, the U.S. Labor Department said on Thursday, as the full impact of the fallout from the coronavirus pandemic on the labor market became apparent. The increase dwarfed the prior weeks figure of 3.28 million and eclipsed the previous record of 695,000 set in 1982. The number of...

U.S. Factory Activity Contracts In March; Orders Tumble To 11-Year Low
Wednesday, 1 April 2020 21:30 WIB | ISM AS Ekonomi AS

U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists' views that the economy was in recession. The Institute for Supply Management (ISM) said on Wednesday its index of national factory activity fell to a reading of 49.1 last month from 50.1 in...

U.S. Private Sector Sheds 27,000 Jobs in March: ADP
Wednesday, 1 April 2020 19:43 WIB | ADP Ekonomi AS

The U.S. private sector shed 27,000 jobs in March, according to a report by payrolls processor ADP, before the worst of the impact of the coronavirus pandemic on the U.S. labor market was seen. Economists had expected the report to show a much larger loss of 150,000 jobs. Februarys figure was revised to 179,000 from the 183,000 initially reported. The ADP numbers come ahead of the Labor...

Consumer Confidence Sinks In March To A 32-Month Low
Tuesday, 31 March 2020 21:25 WIB | Ekonomi AS

Consumers started to rapidly lose confidence in the economy in March as a deadly coronavirus spread, a new survey shows, and its likely to plunge a lot more in the month ahead as millions are thrown out of work and the U.S. sinks into recession. The closely followed index of consumer confidence fell to 120 in March from a revised 132.6 in February, the Conference Board said...

China shows strong factory activity in March
Tuesday, 31 March 2020 09:19 WIB | Pertumbuhan Ekonomi China

An official gauge of China's manufacturing activity rebounded strongly in March as factory production resumed after the coronavirus epidemic was largely put under control in the country. The official manufacturing purchasing managers' index rose to 52.0 in March from a record low of 35.7 in February, the National Bureau of Statistics said Tuesday. The 50 mark separates expansion of activity...

A Record 3.28 Million Americans Applied for Unemployment Benefits Last Week Due to Coronavirus
Thursday, 26 March 2020 20:43 WIB | US Jobless Claims Klaim Pengangguran Unemployment Klaim pengangguran AS

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....

Virus Walloped U.S. Economy in March, IHS Markit Gauge Shows
Tuesday, 24 March 2020 21:38 WIB | Indeks manufaktur AS Manufaktur AS

The global health crisis dealt a swift, painful blow to the U.S. economy in March, with a gauge of activity at service providers and manufacturing contracting the most on record. The IHS Markit composite index of purchasing managers tumbled 9.1 points to 40.5, marking the steepest drop in data back to October 2009, the group reported Tuesday. The plunge mirrors the rapid deceleration in other...

U.K. Composite PMI Slumps To Survey Low Of 37.1 In March
Tuesday, 24 March 2020 16:55 WIB | Ekonomi inggris PMI U.K.

The flash U.K. composite purchasing managers index fell in March to a survey low of 37.1 from 53 in February, according to the latest data from IHS Markit/CIPS. Any reading below 50 indicates deteriorating conditions. The services index plunged to a record low 35.7 from 53.2. "Historical comparisons indicate that the March survey reading is consistent with GDP falling at a quarterly rate of...

Flash Eurozone PMI Plunges To Worst-Ever Reading In March
Tuesday, 24 March 2020 16:26 WIB | Ekonomi Eropa PMI

The flash eurozone composite purchasing managers index in March plummeted to a reading of 31.4 from 51.6 in February, which is a record low since the series began in July 1998. The services PMI plunged to 28.4 from 52.6 in February. Any reading below 50 indicates contracting conditions. "The March PMI is indicative of GDP slumping at a quarterly rate of around 2%, and clearly there's scope for...

LATEST NEWS
Hong Kong Stocks Head Into Weekend With a Loss (Review)

Hong Kong shares finished Friday with losses, in line with an Asia-wide sell-off, after data showed a massive 6.7 million Americans last week applied for unemployment benefits as the coronavirus shatters the global economy. The Hang Seng Index fell 0.19 percent, or 43.95 points, to...

Dow closes more than 350 points lower as job losses hit an 11 year high

U.S. stocks closed lower Friday as investors assessed the economic damage wrought by the coronavirus epidemic, after the Labor Department reported the U.S. economy lost more than 700,000 jobs in March, and that the unemployment rate rose to a near three-year high of 4.4%. The Dow Jones Industrial...

U.S. oil prices climb by nearly 32% for the week

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an agreement to significantly cut production levels as efforts to slow the spread of COVID-19 continues to hurt...

USD CSI 300 ekonomi A.S Irak Minyak Mentah Europe 600 Indek stoxx europe 600 Gold Outlook MH17, ekonomi PMI China The Fed Afghanistan Taiwan Ekonomi AS Nikkei 225
ASIA
China's Factory Outlook Improves More than Expected in September
Monday, 30 September 2019 09:02 WIB

A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing...

UNITED STATES
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...

EUROPE
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB

Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash reading of the country's composite Purchasing...

GLOBAL ECONOMY
First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB

A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...

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