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MARKET UPDATE

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Hong Kong Shares End Morning Higher
Wednesday, 8 July 2020 12:15 WIB
Hong Kong stocks went into the break Wednesday with some gains after suffering steep losses the day before, though virus fears continue to weigh on sentiment. The Hang Seng Index added 0.34

ECONOMY

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A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns. The Institute for

COMMODITY

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Gold held firm near a more than eight-year high on Wednesday, as safe-haven demand was bolstered by worries over surging COVID-19 cases and hopes of more stimulus measures to combat the economic

FISCAL & MONETARY

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Australia’s central bank chief highlighted worries among households and businesses about the health and economic outlook, as the nation’s successful run of Covid-19 containment was rocked by a new

GLOBAL

c_173_127_16777215_00_images_assets_Lain2_aus153.jpg Australia's Melbourne Locks Down Again Due to Coronavirus
Wednesday, 8 July 2020 10:58 WIB
The southern Australian city of Melbourne will be placed under a six-week lockdown due to a spike of new COVID-19 cases.   Victoria State Premier Daniel Andrews announced Tuesday that residents will not be allowed to leave home unless going to work, school, medical appointments or shopping for food during the lockdown, which takes effect at midnight local time Wednesday. 

MARKET ANALYSIS

c_173_127_16777215_00_images_assets_HANGSENG_00khybernews110143.jpg Hang Seng Back Wriggling
Thursday, 2 July 2020 15:37 WIB
The day before the holiday, the Hang Seng Index closed at 24,427.19, up 0.52% after being bullish above 1%. Following the official Chinese Manufacturing Purchasing Managers' Index (PMI) report rose to a three-month high of 50.9 in June from the previous 50.6 in May. Another strength that underpins the increase in Hang Seng is the US employment growth data. The positive sentiment of the Hong

GOLD CORNER

c_173_127_16777215_00_images_assets_GOLD_GOLDY.jpg Gold price bull rally: the drive is alive
Monday, 6 July 2020 13:40 WIB
Gold achieved an important milestone this past week as priced pushed above $1,800 an ounce for the first time since 2011 and with strong fundamentals and what appears to be an unstoppable uptrend, retail investors and Wall Street analysts are significantly bullish on gold. Of the 17 Wall Street professionals who took part in last week poll, 12, or 70%, called for gold prices to rise. Three, or

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ECONOMIC CALENDAR

TimeCountryFiguresPrevAct
06.50JPNBank Lending y/y4.8%6.2%
06.50JPNCurrent Account (JPN)0.25T0.82T
12.00JPNEconomy Watchers Sentiment15.5
12.45CHFUnemployment Rate (CHF)3.4%
16.00EUREU Economic Forecasts--

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