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MARKET UPDATE

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Hong Kong’s Hang Seng Index ended at a new high, up for the sixth week in a row, led by property shares, as mainland money gushed into the city. HSCE, an index tracking mainland companies,

ECONOMY

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The University of Michigan’s consumer sentiment index fell in January to a reading of 94.4, the worst reading since July. Economists polled by MarketWatch expected a 98 reading. Confidence has

COMMODITY

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Dollar marks fifth weekly loss in a row
Saturday, 20 January 2018 04:24 WIB
The U.S. dollar pared earlier losses on Friday, but notched a fifth weekly loss, as investor concerns over a potential government shutdown. The ICE U.S. Dollar Index which measures the buck against

FISCAL & MONETARY

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PBOC Researcher Sees Room for Higher Interest Rates
Monday, 8 January 2018 10:32 WIB
Faster factory inflation and higher industrial profits in the past year have created space for an increase in overall interest rates, People’s Bank of China researcher Ji Min

GLOBAL

c_173_127_16777215_00_images_assets_Global4_apple-store.jpg Apple to Build 2nd Campus, Hire 20,000 in $350B Pledge
Saturday, 20 January 2018 04:29 WIB
Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. economy. The pledge announced Wednesday is an offshoot from the sweeping overhaul of the U.S. tax code championed by President Donald Trump and approved by Congress last month. Besides dramatically lowering the standard corporate tax rate, the

GOLD CORNER

c_173_127_16777215_00_images_assets_Gold2_Ship-of-Gold.jpg Gold Could Test The 'Ultimate Target For Bulls' This Week - MKS
Tuesday, 16 January 2018 05:25 WIB
As gold prices continue to make their way higher this week, the yellow metal could test its 'ultimate target for bulls', which is currently set at $1,357 - September's high, says MKS PAMP trader Sam Laughlin. 'We are likely to see further short squeezes over the near-term as the metal edges toward USD $1,350 and above this the September 2017 high around USD $1,357,' Laughlin writes. Gold’s

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