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MARKET UPDATE

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Japan’s Nikkei dropped on Thursday morning after renewed U.S.-China trade tensions dragged down technology shares, while index-heavyweight SoftBank Group fell more than 5 percent. The Nikkei share

ECONOMY

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Energy and transport costs pushed U.K. inflation back above target last month. Consumer prices rose 2.1% from a year earlier, ending a three- month spell of inflation below the Bank of England’s 2

COMMODITY

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The yen advanced against its peers on Thursday as persistent U.S.-China trade fears and Brexit concerns fanned risk aversion, lifting the safe-haven Japanese currency. The yen was 0.1% firmer at

FISCAL & MONETARY

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The voting members of the Federal Open Market Committee seemed comfortable with their patient stance on interest rate, agreeing it could last for "some time," according to minutes of their April 30-

GLOBAL

c_173_127_16777215_00_images_assets_Global4_111111Huawei-5G-foldable-phone.jpg UK, Japan Mobile Operators Suspend Huawei 5G Phone Launches
Thursday, 23 May 2019 10:39 WIB
British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company. Britain's EE and Vodafone and Japan's KDDI and Y! Mobile said they are pausing the launch of Huawei smartphones, including some that can be used on next generation mobile networks, amid

GOLD CORNER

c_173_127_16777215_00_images_assets_Gold2_0giavang.jpg 'Gold Has Nothing To Stand On Right Now': Watch The $1,269 Price Level - Analysts
Wednesday, 22 May 2019 10:19 WIB
The U.S. dollar has been stealing gold's thunder again as it took on a role of a safe-haven, with analysts warning to keep a close eye on the $1,269 level, which if broken can be a gateway to even lower prices. The yellow metal has been struggling this week as equities rebounded, the U.S. dollar climbed higher, and geopolitical tensions seemed to favor the dollar over gold. June Comex gold

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ECONOMIC CALENDAR

TimeCountryFiguresPrevAct
01.00U.SFOMC Meeting Minutes--
06.00AUDFlash Manufacturing PMI50.9 51.1
07.30JPNFlash Manufacturing PMI (JPN)50.249.6
13.00EURGerman Final GDP q/q0.4%
14.15EURFrench Flash Services PMI50.5

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