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LATEST NEWS
Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to 25,373.12. The benchmark Shanghai Composite Index rose...

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel group claimed the attack was in retaliation for...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down around 0.9%, with basic resources falling 1.7% to...

Standard & Poor's 500 GBP/USD IndeksHang Seng China Enterprise Monetery HONGKONG Indek stoxx europe 600 Eropa Perancis EuroDolar GDP AS Ekonomi AS PMI Retail Topan BOJ Palladium
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,"...

UK Final Services PMI revised higher to 47.1 for June; GBP/USD holds steady above mid-1.2400s

Friday, 3 July 2020 15:57 WIB

The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June. The data did little to influence the British pound or provide any meaningful impetus to the GBP/USD pair. Source : FXstreet

RECENT NEWS
China's Service Sector Activity Expands at a Faster Pace in April - Official PMI
Thursday, 30 April 2020 08:47 WIB | ekonomi China

Chinas services activity expanded at a faster pace in April, but business is expected to take some time to fully recover due to the lingering impact from the coronavirus crisis at home and globally. The official non-manufacturing Purchasing Managers Index (PMI) rose to 53.2, from 52.3 in March, the National Bureau of Statistics said on Thursday. The 50-point mark separates growth from...

Coronavirus Hammered U.S. Economy in First Quarter
Wednesday, 29 April 2020 20:00 WIB | GDP AS

The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the country, ending the longest expansion in the nation's history. The Commerce Department said gross domestic product fell at a 4.8% annualized rate in the January-to-March period after expanding at a 2.1% rate in the...

Consumer Confidence Suffers Record Drop in April, but Americans More Hopeful of Future
Tuesday, 28 April 2020 21:28 WIB | Kepercayaan Konsumen

The confidence Americans have in the economy experienced the biggest plunge in April in modern times as the coronavirus ravaged Main Street and Wall Street. But they are also starting to think the worst might be over. The consumer confidence index sank this month to 86.9 points from a revised 118.8 in March, according to the nonprofit Conference Board, publisher of the report, a bit worse than...

Durable-Goods Orders Plunge 14.4% in March as Automakers, Boeing Take Big Hit
Friday, 24 April 2020 20:02 WIB | U.S. Durable Goods Pesanan Barang AS

Orders for durable goods sank 14.4% in March largely because of a decline in demand for big-ticket items such as new cars and trucks with the coronavirus sweeping across the country. The sharp decline in demand last month is likely to be the first of series of historically poor numbers with much of the U.S. economy shut down and international trade severely disrupted. Economists surveyed by...

German IFO Business Climate Index misses estimates with 74.3 in April, EUR/USD unmoved
Friday, 24 April 2020 15:19 WIB | German Ifo Business Climate Ekonomi Jerman

The headline German IFO Business Climate Index came in at 74.3 in April, weaker than last month's 85.9 and missing the consensus estimates pointing to a reading of 80.0. Meanwhile, the Current Economic Assessment arrived at 79.5 points in the reported month as compared to last month's 92.9 and 81.0 anticipated. On the other hand, the IFO Expectations Index “ indicating firms' projections for...

UK Retail Sales Fall By Most On Record As Coronavirus Lockdown Hits
Friday, 24 April 2020 13:41 WIB | Ekonomi inggris UK Retail Sales

British retail sales fell by the most on record in March, official figures showed on Friday, reflecting the hit from the coronavirus shutdown which closed many businesses in the second half of the month. Despite a surge in shopping for food, overall sales volumes plunged by 5.1% in March from February, a bigger fall than a median forecast for a drop of 4.0% in a Reuters poll of economists. It...

U.S. Service Sector PMI Slumps to Record Low in April
Thursday, 23 April 2020 21:22 WIB | PMI AS Indeks manufaktur AS Manufaktur AS

The IHS Market flash purchasing managers index for services in April fell to a record low, while the manufacturing PMI weakened to the lowest level in 11 years. The flash services PMI fell to 27 from 39.8 in March while the manufacturing PMI dropped to 36.9 from 48.5. Any reading below 50 indicates worsening conditions. The "flash" reading is based on approximately 85% of the final number of...

The US Economy Has Now Erased All Job Gains since The Great Recession
Thursday, 23 April 2020 19:56 WIB | US Jobless Claims Jobless Claim Klaim pengangguran AS

It took only five weeks for the U.S. economy to wipe out all the job gains it added over the last 11 years. The coronavirus and forced business closures throughout the U.S. again buoyed the number of Americans applying for state unemployment benefits, which last week totaled 4.427 million, the Labor Department reported Thursday. Combined with the four prior jobless claims reports, the number...

UK Preliminary Manufacturing PMI slumps to 32.9 in April, GBP/USD unfazed
Thursday, 23 April 2020 16:02 WIB | Ekonomi inggris

The UK manufacturing and services sector activities showed a deeper contraction in April, the preliminary report from IHS Markit showed this Thursday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) plunged to a record low of 32.9 in April versus 42.0 expected and 47.8 “ March's final reading. Meanwhile, the Flash UK Services Business Activity Index...

LATEST NEWS
Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to 25,373.12. The benchmark Shanghai Composite Index rose...

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel group claimed the attack was in retaliation for...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down around 0.9%, with basic resources falling 1.7% to...

Standard & Poor's 500 GBP/USD IndeksHang Seng China Enterprise Monetery HONGKONG Indek stoxx europe 600 Eropa Perancis EuroDolar GDP AS Ekonomi AS PMI Retail Topan BOJ Palladium
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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