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MARKET UPDATE

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The S&P 500 and Nasdaq Composite rose on Tuesday, recovering from a decline earlier in the session, as shares of major tech companies such as Microsoft and Apple. The S&P 500 traded just

ECONOMY

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A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns. The Institute for

COMMODITY

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The U.S. dollar inched higher against a basket of currencies on Tuesday, holding above the near two-week low hit in the previous session, as investors turned uneasy over new coronavirus flare-ups

FISCAL & MONETARY

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Australia’s central bank chief highlighted worries among households and businesses about the health and economic outlook, as the nation’s successful run of Covid-19 containment was rocked by a new

GLOBAL

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Tuesday, 7 July 2020 23:32 WIB
Mexican President Andres Manuel Lopez Obrador is due to meet with U.S. President Donald Trump on his first official visit to Washington Wednesday, pending the results of his coronavirus test. Lopez Obrador said, he will announce the results of his test on Tuesday and will undergo another test when arriving in the U.S. if it's part of the protocol. The White House said in a statement that both

MARKET ANALYSIS

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Thursday, 2 July 2020 15:37 WIB
The day before the holiday, the Hang Seng Index closed at 24,427.19, up 0.52% after being bullish above 1%. Following the official Chinese Manufacturing Purchasing Managers' Index (PMI) report rose to a three-month high of 50.9 in June from the previous 50.6 in May. Another strength that underpins the increase in Hang Seng is the US employment growth data. The positive sentiment of the Hong

GOLD CORNER

c_173_127_16777215_00_images_assets_GOLD_GOLDY.jpg Gold price bull rally: the drive is alive
Monday, 6 July 2020 13:40 WIB
Gold achieved an important milestone this past week as priced pushed above $1,800 an ounce for the first time since 2011 and with strong fundamentals and what appears to be an unstoppable uptrend, retail investors and Wall Street analysts are significantly bullish on gold. Of the 17 Wall Street professionals who took part in last week poll, 12, or 70%, called for gold prices to rise. Three, or

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