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MARKET UPDATE

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European stocks traded in positive territory on Friday despite mixed signals over the status of U.S.-China trade discussions. The pan-European Stoxx 600 pared early gains to trade 0.5% higher at

ECONOMY

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U.S. Manufacturing, Services PMI Improve in November
Friday, 22 November 2019 22:12 WIB
IHS Markit said its flash manufacturing purchasing managers index rose to 52.2 in November from 51.3 in October. This is the fastest rate since April. Meanwhile the flash services purchasing

COMMODITY

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The U.S. dollar rose against a basket of currencies on Friday after data showed U.S. factory and services activity quickened in November in a sign of the continued resilience of the U.S. economy in

FISCAL & MONETARY

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While delivering a key note address at the European Banking Congress, in Frankfurt, on Friday, the new European Central Bank (ECB) President Lagarde said: “We face a global environment that is

GLOBAL

c_173_127_16777215_00_images_assets_Graph_PASAR-VIETNAM.jpg After Trump Rebuke, Vietnam Scrambles to Avoid US Trade Dispute
Friday, 22 November 2019 23:59 WIB
The U.S. government agreed this week to give another coast guard vessel to Vietnam so the Southeast Asian country can increase its defense against China. But behind that move, Vietnam and the United States are struggling over a growing trade deficit that has alarmed U.S. officials. The U.S. government has complained since June that Americans buy more Vietnamese-produced goods compared to what

GOLD CORNER

c_173_127_16777215_00_images_assets_GOLD_gold_corner1.jpg Unique split on Wall Street to keep investors guessing the gold price this week
Monday, 18 November 2019 11:02 WIB
This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of

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