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MARKET UPDATE

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Stocks open slightly higher, buoyed by tech rally
Thursday, 19 September 2019 20:48 WIB
Stocks opened slightly higher Thursday, with tech shares leading gains. The Dow Jones Industrial Average rose 73 points, or 0.2%, to 27,220, while the S&P 500 gained 8 points, or 0.3%, to

ECONOMY

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The Philadelphia Federal Reserve's manufacturing index fell to 12.0 in September after registering a reading of 16.8 in August. Any reading above zero indicates improving conditions. Economists

COMMODITY

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Gold was modestly lower Thursday, building on a loss seen a day earlier after the Federal Reserve delivered a widely expected interest rate cut but left traders uncertain on the outlook for further

FISCAL & MONETARY

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In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435

GLOBAL

c_173_127_16777215_00_images_assets_00000000000000000000000000000000000000senator.jpg 2 US Senators Warn Trump Against Nuclear Deal With Saudis
Thursday, 19 September 2019 16:41 WIB
Two U.S. senators are warning the Trump administration against a nuclear cooperation deal with Saudi Arabia, fearing it could set off a nuclear arms race in the volatile Middle East. "Sharing nuclear technology with Saudi Arabia, especially without adequate safeguards, will give Riyadh the tools it needs to turn the crown prince's nuclear weapons vision into reality," Democratic senators Ed

GOLD CORNER

c_173_127_16777215_00_images_assets_GOLD3_goldblok.jpg Gold to keep bullish trend this week: ECB, U.S. data in focus
Monday, 9 September 2019 11:35 WIB
After a very volatile session, gold is closing with a second straight week of losses last Friday while analysts remain bullish but slightly more cautious for this week. Seeing gold hit new fresh six-year highs, then drop more than $50 on a weekly basis has been unnerving for traders. Yet, analysts are saying that both upside and downside potential is capped for gold until the next big market

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ECONOMIC CALENDAR

TimeCountryFiguresPrevAct
01.00U.SFOMC Economic Projections--
01.00U.SFOMC Statement--
01.00U.SFederal Funds Rate2.25%2.00%
01.30U.SFOMC Press Conference--
08.30AUDEmployment Change36.4K34.7K

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