DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold extends loss to a third session as dollar strengthens to 1 1/2-year high

Gold prices on Monday settled lower for a third straight session as a popular gauge of the dollar strengthened to its highest level in more than 17 months, weighing on demand for the precious metal. December gold lost $5.10, or 0.4%, to settle at $1,203.50 an ounce, after posting a drop of 2% last week, falling nearly 1.4% on Friday alone. Monday marked the lowest finish for a most-active contract since Oct. 10, according to FactSet data. Prices for the metal have now posted declines in six...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019

Oil rose for the first time in 11 sessions on the possibility that OPEC and its allies will cut output next year and after Saudi Arabia said it will reduce sales in December. While futures in New York climbed as much as 1.3 percent on Monday, they are still down about 20 percent from a 2014-high reached early last month. Top OPEC member Saudi Arabia said exports will be curbed by 500,000 barrels a day in December, and a committee of the Organization of Petroleum Exporting...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Tokyo Stocks Open Lower on Monday

Tokyo stocks opened lower on Monday tracking falls on Wall Street last week amid lingering worries over global economic growth. The Nikkei 225 index was down 0.55 percent, or 121.75 points, at 22,128.50 in early trade, while the broader Topix index was down 0.50 percent, or 8.30 points, at 1,664.68. Source : AFP

Australia Sees Improved Growth, Unemployment Lifting Inflation
Friday, 9 November 2018 08:47 WIB | ECONOMY |RBA

Australia's central bank expects stronger growth and hiring to help lift inflation, but warned of risks to the global outlook from a worsening trade war and weaker China.

In an upbeat assessment of the economy's prospects, the Reserve Bank reiterated that higher interest rates œare likely to be appropriate at some point, in its quarterly Statement on Monetary Policy released in Sydney Friday. It also repeated that there isn™t a strong case for a near-term move.

œConsumption growth is expected to be supported by ongoing growth in employment and a modest pick-up in wages growth, the central bank said. But there remains œuncertainty about how households may respond to significant housing price declines.

Australia™s economy has been bolstered by a record-low cash rate since 2016 as the RBA tries to drive wages higher; consumer prices haven™t been at the midpoint of the 2-3 percent target since mid-2014. The RBA™s goal of laying the ground for the first rate increase since 2010 is at risk from a trade war between the U.S. and China, and the latter™s economy weakening.

œThe risks to global growth from trade protectionism have intensified, the RBA said, warning of the impact of further measures. œThis would have further direct effects on trade, but may also affect investment and confidence, which could have more negative consequences for global growth.

The RBA noted conditions in China™s industrial sector have weakened and the nation™s property market posed risks. It also warned that economies like Taiwan and South Korea are threatened by the escalating trade dispute due to their position in the global supply chain.

Australia™s currency has weakened as the central bank stood pat while the U.S. Federal Reserve steadily raised rates. The RBA made it clear that further depreciation would be welcomed as it would boost the competitiveness of locally produced goods.

œThe resulting increase in domestic income and employment would also support growth in business investment and consumption, the central bank said.

œInflation would also be likely to increase by more than currently forecast, because of stronger domestic economic conditions and the increase in the prices of imported goods and services.

Source : Bloomberg

RELATED NEWS
UK Q3 Prelim GDP arrives at 0.6% q/q, bang on expectations...
Friday, 9 November 2018 16:46 WIB

Perkiraan PDB Inggris awal menunjukkan bahwa angka PDB berada di 0,6% kuartal/kuartal pada kuartal ketiga 2018, lebih baik dari 0,4% yang terlihat pada kuartal kedua yang sesuai ekspektasi. Sementara...

UK services PMI drops sharply to 52.2 in October, a big miss on expectations...
Monday, 5 November 2018 17:11 WIB

Aktivitas sektor jasa dalam ekonomi Inggris memburuk lebih dari yang diperkirakan pada bulan Oktober, meleset dari perkiraan konsensus, laporan dari Markit Economics menunjukkan pada hari ini. PMI ja...

U.S. Payrolls Rise Above-Forecast 250,000 as Wage Gains Hit 3.1%...
Friday, 2 November 2018 19:59 WIB

Perekrutan tenaga kerja AS rebound lebih dari perkiraan pada bulan Oktober, kenaikan upah tahunan di menyentuh 3 persen untuk pertama kalinya sejak 2009 dan tingkat pengangguran bertahan di level tere...

U.S. Trade Gap Hits Seven-Month High Amid Expanding Tariff War...
Friday, 2 November 2018 19:47 WIB

Defisit perdagangan AS melebar lebih dari perkiraan pada bulan September ke level tertingginya tujuh bulan karena impor meningkat dan selisih barang dengan China mencapai rekornya di tengah perang tar...

ISM manufacturing index falls to six-month low in October as price rises, shortages weigh...
Thursday, 1 November 2018 21:11 WIB

Institute for Supply Management pada hari Kamis mengatakan indeks manufaktur pada Oktober jatuh ke level terendah enam bulan 57,7%. Setiap pembacaan di atas 50% menunjukkan peningkatan kondisi. Ekono...

POPULAR NEWS
Gold extends loss to a third session as dollar strengthens to 1 1/2-year high

Gold prices on Monday settled lower for a third straight session as a popular gauge of the dollar strengthened to its highest level in more than 17 months, weighing on demand for the precious metal. December gold lost $5.10, or 0.4%, to settle at $1,203.50 an ounce, after posting a drop of 2% last week, falling nearly 1.4% on Friday alone. Monday marked the lowest finish for a most-active contract since Oct. 10, according to FactSet data. Prices for the metal have now posted declines in six...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019

Oil rose for the first time in 11 sessions on the possibility that OPEC and its allies will cut output next year and after Saudi Arabia said it will reduce sales in December. While futures in New York climbed as much as 1.3 percent on Monday, they are still down about 20 percent from a 2014-high reached early last month. Top OPEC member Saudi Arabia said exports will be curbed by 500,000 barrels a day in December, and a committee of the Organization of Petroleum Exporting...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Tokyo Stocks Open Lower on Monday

Tokyo stocks opened lower on Monday tracking falls on Wall Street last week amid lingering worries over global economic growth. The Nikkei 225 index was down 0.55 percent, or 121.75 points, at 22,128.50 in early trade, while the broader Topix index was down 0.50 percent, or 8.30 points, at 1,664.68. Source : AFP

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.