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MARKET UPDATE

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Hong Kong Stocks Close Lower on Virus Worries (Review)
Saturday, 22 February 2020 04:19 WIB
Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than

ECONOMY

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U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders, a warning sign that the outbreak is

COMMODITY

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Oil futures fell on Friday, pressured by the possibility of a breakdown in the oil alliance between Saudi Arabia and Russia, as the market continues to worry that the spread of COVID-19 will slow

FISCAL & MONETARY

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Federal Reserve officials and the central bank’s staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released

GLOBAL

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Saturday, 22 February 2020 02:10 WIB
U.S. Secretary of State Mike Pompeo arrived in Oman Friday for a meeting with the country's new ruler, Sultan Haitham bin Tariq Al Said. Pompeo will also pay homage to relatives of Sultan Qaboos bin Said, who died in January. Oman has close ties with Iran and Saudi Arabia, where Pompeo departed from earlier Friday after a three-day visit. Pompeo and Saudi King Salman discussed regional

GOLD CORNER

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Monday, 17 February 2020 15:49 WIB
Voters in the weekly Kitco gold survey are bullish on the metal this week, citing gold's ability to hold up even when the dollar and equities strengthen, technical factors and ongoing worries about how the coronavirus could impact the global economy. Seventeen market professionals took part in the Wall Street survey. Eleven, or 65%, called for gold to rise. There was one vote, or 6%, saying

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