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MARKET UPDATE

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Hong Kong Shares Down At Lunch
Friday, 29 May 2020 11:18 WIB
Hong Kong stocks finished the morning session on a negative note Friday as investors nervously await a news conference by Donald Trump later in the day in which he is expected to outline the US

ECONOMY

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The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward

COMMODITY

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Oil prices edged lower on Friday after U.S. inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening U.S.-China tensions weighed on global financial

FISCAL & MONETARY

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Australia’s central bank chief said on Thursday that better-than-feared health outcomes from the COVID-19 pandemic suggest the country’s economic downturn will likely not be as severe as earlier

GLOBAL

c_173_127_16777215_00_images_assets_12Trump0d776596-1a85-46d9-826c-42fc77b37e17_169.jpg Trump and Macron Agree to Hold a G7 Meeting in the White House
Friday, 29 May 2020 10:38 WIB
The White House said United States President Donald Trump and French President Emmanuel Macron agreed the G7 Group meeting should hold a direct and immediate meeting. The two leaders opposed the country after a telephone discussion on Thursday (28/5). Trump in March 2020 canceled the meeting of the leaders of the Group of Seven who won June 10 in the United States because the corona virus

GOLD CORNER

c_173_127_16777215_00_images_assets_GOLD3_00gold.jpg Wall St., Main St. Look for Gold to Regain its Luster
Monday, 25 May 2020 14:32 WIB
Wall Street and Main Street look for gold prices to rise this week, according to the weekly Kitco News gold survey. Traders and analysts who make up the Wall Street poll continued to cite the mass liquidity being dumped into the global economy to offset damage from the COVID-19 pandemic. Also, they pointed to rising U.S.-China tensions that were helping gold pare some of last week’s losses on

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