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MARKET UPDATE

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Hong Kong Shares Sink At Open
Friday, 29 May 2020 09:11 WIB
Hong Kong stocks dropped more than one percent at the open Friday on fears about China-US tensions after Donald Trump said he would hold a news conference later in the day on the latest

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_Lain2_111RXHTEKA6R4I6TDRBLGQJ74PCUE.jpg US Coast Guard Seizes Half Ton of Cocaine near Puerto Rico
Thursday, 28 May 2020 23:09 WIB
The U.S Coast Guard said crews from two of its cutters recovered nearly 500 kilograms of cocaine off the coast of Puerto Rico. Authorities announced on Wednesday that a helicopter crew first spotted the 45-kilogram bales of cocaine near a debris field of the U.S territory's Desecheo Island on Friday. It’s unclear if any other evidence was secured at the scene. Cmdr. Beau Powers, Coast Guard

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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