This week's events review

This week was filled with some sad events coupled with ongoing sagas. World headlines were filled with shock at the Christchurch shooting, ...

  • giovanni archidiacono
  • 1 min read

EU and Chinese weak data preventing US growth, FED holds the line on rates

According to the Fed’s chief, Jerome Powell, lacklustre E.U. and Chinese economies are halting the U.S. economy from making considerab ...

  • giovanni archidiacono
  • 1 min read

EU's patience wearing off with Brexit deal

Brussels is concerned about the current Brexit situation and is pleading Westminster to get something going quick. European ministers made ...

  • giovanni archidiacono
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What to expect in today's FOMC meeting

The US Federal Reserve will be announcing their decision on interest rates and releasing the minutes of the Federal Open Market Committee (F ...

  • giovanni archidiacono
  • 1 min read

Asian indices trade lower as investors await the Fed's decision

Asian markets have closed the session lower to start the week, as most investors will keep their eye on the Fed’s meeting later today ...

  • giovanni archidiacono
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UK Parliament speaker Bercow warns Theresa May

U.K. Parliament’s speaker John Bercow has warned Theresa May’s government that it should not bring a replica of its proposed Bre ...

  • giovanni archidiacono
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Today's announcements and data releases, 19/3/2019

All times in GMT+7, Jakarta, Bangkok   14:00 CHF Exports (MoM) (FEB)   14:00 CHF Imports (MoM) (FEB)   14:00 CHF Swi ...

  • giovanni archidiacono
  • 3 mins read

Bolsonaro aims to improve U.S. relations as he visits Washington

Brazilian President Jair Bolsonaro has spoken of his admiration of the U.S. as he attends his first visit to Washington as the two countries ...

  • giovanni archidiacono
  • 1 min read

The Hang Seng may be in trouble as it contiues the downtrend

Hong Kong’s Hang Seng Index has broken two significant support features, suggesting a continuation of its downtrend, with a downside t ...

  • giovanni archidiacono
  • 1 min read

US markets continue to post gains

U.S. indices ended the exchange mostly higher as investors prepared for a meeting of Federal Reserve policy makers to begin Tuesday. Meanwh ...

  • giovanni archidiacono
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Malaysian closes more schools due to posinoning accident

Malaysia has shut more schools after a suspected chemical leak last week left more than 200 children, teachers and others being treated for ...

  • giovanni archidiacono
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Wall street continues gains as S&P 500 hits four-month high

U.S. markets continued higher as investors welcomed strong economic data and signs that inflation remains under control. Also making moves ...

  • giovanni archidiacono
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EU markets mixed as Brexit suffers another twist

Eurozone markets were affected by the loss suffered by Theresa May as lawmakers refused to pass her Brexit proposal. The Stoxx Europe 600 d ...

  • giovanni archidiacono
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Today's announcements and data releases, 13/3/2019

All times in GMT+7, Jakarta, Bangkok     11:30 JPY Tertiary Industry Index (MoM) (JAN Evaluates the monthly change in output ...

  • giovanni archidiacono
  • 4 mins read

Samsung launches crypto wallet for Galaxy S10

Samsung Electronics has just revealed the cryptocurrency wallet for its just launched flagship phone, the Galaxy S10. The Samsung Blockchai ...

  • giovanni archidiacono
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Crypto wallet Abra allows storing real ETHER

Cryptocurrency wallet provider Abra is now letting users deposit and withdraw ETH (Ethereum) directly from its app rather than using the ser ...

  • giovanni archidiacono
  • 1 min read

China's car sales continue to fall

Car sales in China have fallen by 14% in February, marking it the eighth straight month of year-on-year decline in the world’s biggest ...

  • giovanni archidiacono
  • 0 mins read

US markets mostly higher on day's exchange

U.S. markets ended the session slightly higher, bar the Dow as Boeing continued its descent and Theresa May’s defeat in Parliament cas ...

  • giovanni archidiacono
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Theresa May suffers defeat again

British Prime Minister Theresa May has suffered yet another loss as her Brexit deal has been rejected by lawmakers by 149 votes, despite May ...

  • giovanni archidiacono
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Indonesia Market Today 12 March 2019

A. Indonesia Morning Market ReviewTuesday (12/03/2019). After the 5-day streak of the DJIA dropped, it finally rose, although at the beginni ...

  • Gold
  • 2 mins read

Legendary auction house Sotheby's celebrates 275 years

Monday celebrated Sotheby’s first auction, a books sale in London that totalled £826, back in 1744. To celebrate the anniversar ...

  • giovanni archidiacono
  • 1 min read

Boeing's 737 MAX gets green lights from FAA

FAA regulators have announced that they have no current plans to ground Boeing’s 737 MAX airliners following the deadly crash in Ethio ...

  • giovanni archidiacono
  • 0 mins read

US indices rally despite Boeing's decline

U.S. indices have finally broken a 5-day losing streak, although the Dow had to put up with Boeing falling by 5.3%, at one point going as lo ...

  • giovanni archidiacono
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Levi Strauss IPO is the main attraction of 2019

2019 brings a host of highly anticipated initial public offerings, tech companies hovering over $1 billion like Uber, Airbnb, Lyft and Slack ...

  • giovanni archidiacono
  • 1 min read

EU markets trade mostly positive as Theresa May faces final vote

Eurozone indices traded positive as British PM Theresa May is making her way to Brussels to negotiate over Brexit with the commission presid ...

  • giovanni archidiacono
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Today's announcements and data releases, 11/3/2019

All times in GMT+7, Jakarta, Bangkok     13:00 JPY Machine Tool Orders (YoY) (FEB P) Tracks trends in machine tool orders pla ...

  • giovanni archidiacono
  • 5 mins read

Captain Marvel soars past expectations in box office

The 21st instalment of Disney’s Marvel Cinematic Universe, its first film with a solo female lead, cashed in $455 million worldwide si ...

  • giovanni archidiacono
  • 1 min read

Boeing expecting heavy scrutiny folowing second fatal airplane crash in 5 months

The Boeing 737 Max may have been the company’s gem as it generated 60% of its sales and bringing a record profit margin of over $10 bi ...

  • giovanni archidiacono
  • 1 min read

China's aviation authority halts Boeing aircrafts following Ethipia crash

The Chinese Aviation Administration of China have ordered the temporary suspension of Boeing 737 Max aircrafts from operating until further ...

  • giovanni archidiacono
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Asian indices suffer as China posts weak export figures

Asian markets have had a torrid exchange day as most indices have posted losses, following a drastic drop in China’s exports, 20.6% in ...

  • giovanni archidiacono
  • 0 mins read

Shenzhen banks lower mortgage rates

Shenzhen’s mortgage rates have started a downward spiral, signalling that the strict property controls holding house prices in check i ...

  • giovanni archidiacono
  • 1 min read

ECB delivers a new round of monetary stimulus

The European Central Bank will deliver a fresh round of monetary stimulus in a bid to shore up the weakening economy as it cut its growth fo ...

  • giovanni archidiacono
  • 0 mins read

Wall Street on a 4-day losing streak

U.S. indices have recorded a 4th straight losing session as further evidence of a global economic slowdown were on show as the ECB cut its G ...

  • giovanni archidiacono
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AUD suffering against greenback as weak data is digested

The AUD/USD price looks to take a hit as weak economic growth data from Australia makes the reduction of interest rates a close reality. GD ...

  • giovanni archidiacono
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Gold steadies following a 5-week low

Gold prices steadied in today’s exchanges, pulling back some of the losses it suffered as it hit a five-week low in the previous sessi ...

  • giovanni archidiacono
  • 0 mins read

Asian markets trade mixed as Wall Street struggles

Asian indices were faring slighlty better in today’s exchange as Wall Street had another losing session. Mainland China’s Shang ...

  • giovanni archidiacono
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Brexit negotiations not going smoothly with 24 days to go

British PM Theresa May’s top government lawyer seems to have failed to win over the European Union negotiators in order to obtain any ...

  • giovanni archidiacono
  • 1 min read

Wall street continues losing streak

U.S. indices continued the losing streak although for the most part of the day’s exchange all the listings were constantly crossing be ...

  • giovanni archidiacono
  • 0 mins read

India is next on Trump's trade war agenda

Donald Trump seems to engage in another trade battle, this time with India as he seeks to end the preferential treatment goods from the coun ...

  • giovanni archidiacono
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Volvo to test first driverless buses in Singapore

Volvo AB will begin trials of driverless buses in Singapore, as the city joins the race for autonomous public transport. With a capacity of ...

  • giovanni archidiacono
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Asian markets trade mostly lower but China's indexes post gains

Asian indices were mostly lower following Wall Street’s sell off in the previous exchange, however in mainland China the major indices ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 5/3/2019

All times in GMT+, Jakarta, Bangkok       10:30 AUD RBA Cash Rate Target (MAR 05)   14:30 CHF Consumer Price Ind ...

  • giovanni archidiacono
  • 4 mins read

Philippines appoint new Central Bank governor

The Philippines have announced a new Central Bank governor in Budget Secretary Benjamon Diokno. President Rodrigo Duterte made the appointm ...

  • giovanni archidiacono
  • 0 mins read

Grab to test new technology in Indonesia's "smart city"

Grab has announced it will test new transportation-related technologies in a smart city under development by Indonesian group Sinar Mas just ...

  • giovanni archidiacono
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China lowers its economic expectations for 2019

Chinese Premier Li Keqiang has lowered the country’s economic target for 2019 and increasing fiscal measures in order to balance growt ...

  • giovanni archidiacono
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Wall Street hits 2-week low as caution hits investors

Initial cheers of joy at the possibility of a trade agreement between Washington and Beijing were diluted as sentiment amongst investors is ...

  • giovanni archidiacono
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EU indices add gains as trade agreement seems likely

European indices traded higher amid optimism surrounding the U.S.-China trade standoff. The Stoxx Europe 600 increased by 0.3% with Paris b ...

  • giovanni archidiacono
  • 0 mins read

Indonesia and Australia finally sign long-awaited trade agreement

Indonesia and Australia celebrated the long-awaited signing of a trade deal between the two, following a rather unnecessary delay. Trade Mi ...

  • giovanni archidiacono
  • 3 mins read

US-China trade talks push oil prices higher

Oil prices increased as reports of a likely truce between the U.S. and China on the current trade standoff, along with further production cu ...

  • giovanni archidiacono
  • 0 mins read

Asian markets surges as optimism surrounds US-Chna trade talks

Asian indices rallied as the general consensus of a positive result of the ongoing trade spat between Washington and Beijing. Mainland Chin ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 4/3/2019

All times in GMT+7, Jakarta, Bangkok   13:25 CHF SNB Annual Result 2018 (2018)   16:00 CHF Total Sight Deposits CHF (MAR 01) ...

  • giovanni archidiacono
  • 1 min read

Theresa May to unveil "Brexit" support fund

British PM Theresa May will later today unveil plans for a £1.6 billion fund to aid the growth of communities supporting Brexit. The ...

  • giovanni archidiacono
  • 1 min read

Huawei' CFO extradition to US is now a formality

The Canadian government has decided to allow the U.S. extradition process of Huawei CFO Meng Wanzhou to proceed, the country's Department of ...

  • giovanni archidiacono
  • 1 min read

Eurozone markets rise as new hope of trade agreement on the horizon

EU markets were strong during the exchange session as fresh talks between Washington and Beijing bring positivity to investors. The Stoxx E ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mostly on the rise as trade talks resume

Asian indices have risen as U.S. officials are preparing a final trade deal ahead of a summit between President Donald Trump and Chinese lea ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 1/3/2019

All times in GMT+7, Jakarta, Bangkok       12:00 JPY Vehicle Sales (YoY) (FEB)   12:00 JPY Consumer Confidence I ...

  • giovanni archidiacono
  • 5 mins read

US indices trade lower, however post gains overall for February

U.S. indices have taken a slight hit as Trump and Kim Jong-un summit came to an end in Hanoi without an agreement on de-nuclearization. How ...

  • giovanni archidiacono
  • 0 mins read

EU markets trade lower following summit ending in Hanoi

Eurozone markets traded lower mostly due to the rather abrupt end to the summit between Trump and Kim Jong-un in Hanoi. The Stoxx Europe 60 ...

  • giovanni archidiacono
  • 0 mins read

Moscow to implement blockchain in upcoming elections

The city council of Moscow has submitted a bill to use blockchain technology for an electronic voting system, this was announced by the depu ...

  • giovanni archidiacono
  • 0 mins read

Blockchain to help innovate EU's agricultural industry

Emmanuel Macron has suggested for increased use of data technologies such as blockchain in the EU to increase the concerns regarding food tr ...

  • giovanni archidiacono
  • 1 min read

UK steps closer from having a second Brexi referendum

U.K. politicians are having the chance to have a rerun of the 2016 poll when the country chose to leave the E.U. Jeremy Corbyn’s Labo ...

  • giovanni archidiacono
  • 0 mins read

US indices trade lower amid eventful day in Washington

U.S. indices traded slightly lower as investors were drawn by the current geopolitical issues, meanwhile in the U.S. trade representative Ro ...

  • giovanni archidiacono
  • 0 mins read

Trump adnd Kim Jong-Un meet in Hanoi

North Korean leader Kim Jong Un and U.S. President Donald Trump met in Vietnam for the second time in a move the U.S. will hope the rogue st ...

  • giovanni archidiacono
  • 1 min read

Banks in Pakistan will be allowed to offer refinancing

The central bank of Pakistan has given the go-ahead to Islamic banks to offer cheaper refinancing to three priority areas including small an ...

  • giovanni archidiacono
  • 2 mins read

Indonesian authorities launch rescue mission as mine collapses

Indonesian officials announced dozens of rescuers were using spades and ropes to dig out more than 60 people who were feared buried by the c ...

  • giovanni archidiacono
  • 0 mins read

Australia's construction sector misses badly on expectations

Construction spending has taken a dive in Australia in the last quarter as infrastructure came off the boil and home building hit a one-year ...

  • giovanni archidiacono
  • 0 mins read

US indices trade lower as Powell gives evidence to Senate

U.S. indices closed the session on a lower note as the Fed’s chief Jerome Powell gave evidence before Senate where he once again expla ...

  • giovanni archidiacono
  • 0 mins read

Asian indices trade mostly lower

Asian indices were somehow mixed today, with the indices in Japan, Hong Kong and South Korea, all posting losses. However, mainland China&r ...

  • giovanni archidiacono
  • 0 mins read

Mercedes-Benz looking to incorporate blockchain technology

Mercedes-Benz Car has developed a platform based on blockchain technology to increase transparency and sustainability in complex supply chai ...

  • giovanni archidiacono
  • 0 mins read

Warren Buffet sees value in blockchain, but not the same to be said about bitcoin

Warren Buffett has a much better opinion on blockchain technology rather than bitcoin. Chairman and CEO of Berkshire Hathaway did not budge ...

  • giovanni archidiacono
  • 1 min read

Oil prices slump as Trump deems prices "too high"

Oil prices fell by 3% following Trump’s message to OPEC expressing that prices are too high. Trump tweeted, "Oil prices getting too h ...

  • giovanni archidiacono
  • 0 mins read

US markets rise as Trump delays tariff deadline

U.S. indices traded higher as investors cheered Trump’s intentions to delay tariffs on Chinese goods. The DJIA increased by 0.2% whil ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 25/2/2019

All times in GMT+7, Jakart, Bangkok     16:00 CHF Total Sight Deposits CHF (FEB 22)   16:00 CHF Domestic Sight Deposit ...

  • giovanni archidiacono
  • 0 mins read

Trump thankful of Xi ahead of Hanoi summit with Kim Jong-un

Donald Trump has been very thankful of his Chinese counterpart Xi Jinping ahead of his summit with North Korea’s leader Kim Jong-un in ...

  • giovanni archidiacono
  • 1 min read

Asian indices mostly higher as Trump delays tariff deadline

Asian markets were greeted by the news that Trump will delay the March 1 deadline for the imposing of tariffs and easing tensions over the c ...

  • giovanni archidiacono
  • 0 mins read

Oil climbs higher as trade tensions ease

Oil prices have climbed as the U.S. and China seem to be coming closer to an agreement which has eased the worries surrounding global growth ...

  • giovanni archidiacono
  • 0 mins read

Indonesian Market Today 25 February 2019

A. Indonesia Morning Market ReviewMonday (25/02/2019). Investors' hopes about trade negotiations between the US & China that are expecte ...

  • Gold
  • 3 mins read

Markets mixed as weak data is digested

Asian indices followed the trend left by Wall street’s exchange as the major indices retreated. Mainland China’s Shanghai compo ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 22/2/2019

All times in GMT+7, Jakarta, Bangkok     14:00 EUR German Gross Domestic Product s.a. (QoQ) (4Q F)   14:00 EUR German ...

  • giovanni archidiacono
  • 3 mins read

SpaceX rockets sends first privatel-funded moon mission in orbit

The second SpaceX launch of 2019 blasted three spacecrafts into orbit, along with a first privately-funded lunar mission by Israel. It is t ...

  • giovanni archidiacono
  • 0 mins read

Oil prices drop as US production hits record highs

Oil prices have taken a hit as the U.S. outputs increased to a record 12 million barrels per day, going against the modus operandi intended ...

  • giovanni archidiacono
  • 0 mins read

Wall street closes lower as EU and Japan data disappoints

Wall Street finished the session on a low note as economic data from both Japan and Europe was below-par, continuing to add to the concern t ...

  • giovanni archidiacono
  • 0 mins read

EU markets decline due to weak data

Weak economic data and a wind of uncertainty has dragged the Eurozone markets slightly lower. The Stoxx Europe 600 dropped by 0.2%, with th ...

  • giovanni archidiacono
  • 0 mins read

Asian markets rally om posititve Fed stance on rates

Asian stocks surged as the Fed takes a more patient stance on raising rates and the possible halting of a balance sheet runoff. Mainland Ch ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 21/2/2019

All times in GMT+7, Jakarta, Bangkok     11:30 JPY All Industry Activity Index (MoM) (DEC) Evaluates the monthly change in ov ...

  • giovanni archidiacono
  • 6 mins read

Thailand's economy boosted by domestic demand

Thailand’s economy increased in the fourth quarter at a much faster pace than expected thanks to local demand as it helped to offset a ...

  • giovanni archidiacono
  • 1 min read

Federal Reserve to halt balance sheet runoff

The Federal Reserve has given signs that it intends to conjure a plan to stop letting go of $4 trillion in bonds and several other assets, a ...

  • giovanni archidiacono
  • 0 mins read

Wall Street continues the winning streak

US indices kept up the winning streak as a transcript from the Federal Open Market Committee’s meeting in January showed that almost a ...

  • giovanni archidiacono
  • 0 mins read

British PM May heads to Brussels seeking breakthrough on Brexit

Theresa May has made another trip to Brussels in hope to reach an agreement with Jean -Claude Juncker as the Brexit deadline nears. As Brit ...

  • giovanni archidiacono
  • 1 min read

Asian indices boosted by Wall Street's gains

Asian indices followed the trend left by yesterday’s session in Wall Street as they traded higher. Mainland Chinese index the Shangha ...

  • giovanni archidiacono
  • 0 mins read

Hyundai offices raided by South Korea's prosecutors

South Korean prosecutors have raided the office of Hyundai Motor Co’s quality division earlier today. The offices in in southern Seou ...

  • giovanni archidiacono
  • 0 mins read

Fashion industry bids farewell to Karl Lagerfeld

Karl Lagerfeld enjoyed the stature of a god among mortals in the world of fashion, where he stayed on top for more than half of a century an ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 20/2/2019

All times in GMT+7, Jakarta, Bangkok     14:00 JPY Convenience Store Sales (YoY) (JAN) The value of items sold at small conve ...

  • giovanni archidiacono
  • 2 mins read

Ford to close its oldest plant in Brazil

Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a mo ...

  • giovanni archidiacono
  • 1 min read

US inidces trade higher as Nasdaq goes on 7-session win streak

U.S. indices closed higher with the Nasdaq extending its winning streak to a seventh session, as another round of U.S.-China trade talks beg ...

  • giovanni archidiacono
  • 0 mins read

SMBC completes Blockchain based finance trial

Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade f ...

  • giovanni archidiacono
  • 0 mins read

WTO warns of an imminent global slowdown

According to the World Trade Organization, a quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine ye ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mixed as China's Liu He heads to Washington

The likelihood of a truce between the U.S. and China has given Asian markets mixed results as news of China’s Vice Premier Liu He due ...

  • giovanni archidiacono
  • 0 mins read

Eurozone markets mostly surge, UK and Germany off the pace

Eurozone markets have surged following prospects of a successful round of talks between Washington and Beijing. The Stoxx Europe 600 advanc ...

  • giovanni archidiacono
  • 0 mins read

UK opposition party suffers a breakaway over Brexit

The U.K.’s opposition Labour Party suffered a dramatic split earlier today morning following a group of its politicians deciding to le ...

  • giovanni archidiacono
  • 0 mins read

Gold ries to 2-week high as greenback weakens

Gold prices reached their highest point as the greenback lost some of its muscle due to high hopes of a deal being struck between Washington ...

  • giovanni archidiacono
  • 0 mins read

Asian indices kick the week off on a high

Asian markets kicked the week off on a high as positive sentiment surrounds trade talks between U.S. and China. Mainland China’s Shan ...

  • giovanni archidiacono
  • 0 mins read

Google builds first solar project in Taiwan

Eight years ago, Google revealed its plans to build a wind energy plant in the Atlantic Ocean, however it has been somewhat slow in its deve ...

  • giovanni archidiacono
  • 1 min read

Rising fundraising costs in dollars are hurting Chinese companies

When it comes to borrowing in dollars, creditors appear to view debt-soaked Chinese enterprises as subprime recipients. The average interes ...

  • giovanni archidiacono
  • 1 min read

Huawei attmepts to charm Kiwis with rugby themed ads

Huawei has taken out full-page ads in major New Zealand newspapers in an attempt to win over favoritism, in the advertisement the full page ...

  • giovanni archidiacono
  • 1 min read

Jakarta set to have a new airport

Indonesia’s largest airport operator is looking to spend billions of dollars to build a new facility in Jakarta and upgrade the existi ...

  • giovanni archidiacono
  • 1 min read

Japanese economy rallies in final Q of 2018

Japanese economy rallied in the final quarter of 2018 due to solid spending by households and companies, suggesting that the previous quarte ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 13/2/2019

All times in GMT+7, Jakarta, Bangkok     16:30 GBP CPIH (YoY) (JAN)   16:30 GBP Consumer Price Index (MoM) (JAN) Meas ...

  • giovanni archidiacono
  • 5 mins read

Theresa May confident on reaching Brexit deal

U.K. Prime Minister Theresa May is confident she will present a favourable Brexit deal to Parliament allowing the U.K. to leave the E.U. on ...

  • giovanni archidiacono
  • 0 mins read

Trump eases stance on China tariff deadline

President Donald Trump announced that he would consider delaying the current trade deadline of March 2 should U.S. and China reach an agreem ...

  • giovanni archidiacono
  • 1 min read

CAD gains against USD and oil surges as OPEC makes further production cuts

The CAD gained strength against the USD adding to this year’s gains as oil prices rose and risk appetite has been elevated by the pote ...

  • giovanni archidiacono
  • 0 mins read

US indices post best day of 2019

U.S. indices posted their best day so far of the 2019 calendar as lawmakers reached an agreement which may resolve the current government sh ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today 12 February 2019

Tuesday (12/02/2019). The combination of the decline in the DJIA fell by -0.21% in response to the tough trade talk between US and China, an ...

  • Gold
  • 3 mins read

Oil prices drop amid global trade fears and rising US production

Oil prices dropped by 1% as the U.S. continues to up its drilling activity along with current trade tensions between Washington and Beijing. ...

  • giovanni archidiacono
  • 0 mins read

Asian indices trade mixed as trade talks resume later this week

Asian indices traded mixed across the board as investors look out for any positive signs of trade talks between Washington and Beijing, bar ...

  • giovanni archidiacono
  • 0 mins read

Bank Nizwa launches series to educate clients on Islamic banking

Bank Nizwa has announced the launch of its ‘Islamic Banking for Business’ Series, a roadshow with the aim to target corporate an ...

  • giovanni archidiacono
  • 2 mins read

DP World and Virgin Hyperloop One to build project in India

UAE’s state operated port operator, DP World, is launching its first hyperloop project in India, in partnership with Virgin Hyperloop ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 11/2/2019

All times in GMT+7, Jakarta, Bangkok     14:30 CHF Consumer Price Index (MoM) (JAN) It is the key gauge for inflation in Swit ...

  • giovanni archidiacono
  • 5 mins read

UK PM seeking further approval from Parliament

British PM Theresa May will urge her fellow cabinet members to give her more time in order to fix the Brexit deal which she hopes they will ...

  • giovanni archidiacono
  • 1 min read

AMI claims reports on Amazon Chief are not "politically motivated"

The owner of U.S. tabloid newspaper the National Enquirer pushed back on Friday against accusations of “extortion and blackmail” ...

  • giovanni archidiacono
  • 1 min read

Venezuela tells its partners to make a decision regarding depositing oil sale proceeds

Venezuelan oil company PDVSA is instructing its clients to deposit proceeds of oil sales into Russian bank Gazprombank AO. The move by PDVS ...

  • giovanni archidiacono
  • 0 mins read

Trump to meet KIm Jong Un in Hanoi later this month

Donald Trump said U.S. diplomats are making progress and had a "very productive meeting" with North Korean officials. He also announced tha ...

  • giovanni archidiacono
  • 0 mins read

US indices mixed, Dow posts seventh winning week

U.S. stocks bounced off lows to close the week on a slightly higher note, regardless of the ongoing trade tensions between Washington and Be ...

  • giovanni archidiacono
  • 0 mins read

Asian indices drop as Trump decides not to meet Xi ahead of deadline

Asian indices fell as word got out that Trump made it clear he will not be meeting his counterpart Xi Jinping ahead of the trade deadline on ...

  • giovanni archidiacono
  • 0 mins read

Fortinet co-founding brothers join the billion dollar club

Cybersecurity has unlocked riches for Ken and Michael Xie, as the Chinese-born brothers are now billionaires from their stakes in Fortinet, ...

  • giovanni archidiacono
  • 1 min read

US indices fail to make up any gains

U.S. indices closed without gains as investors took in the news that Trump won’t be meeting China’s President Xi Jinping before ...

  • giovanni archidiacono
  • 0 mins read

Trump "unlikely" to meet Xi Jinping before the trade deadline

President Donald Trump will not be meeting his counterpart, Xi Jinping as the March 2 deadline on the current trade talks looms. When quest ...

  • giovanni archidiacono
  • 0 mins read

ASX and Nikkei have mixed results as Lunar New Year festivities carry on

Not all Asian indices were closed on a day when most countries are celebrating the  Lunar New Year, it certainly did not stop the gover ...

  • giovanni archidiacono
  • 1 min read

US markets fall off the pace due to mixed earnings reports

U.S. indices retreated as Wall Street digested mixed quarterly earnings results as well as President Donald Trump's second State of the Unio ...

  • giovanni archidiacono
  • 0 mins read

Euro markets mixed across the board

Euro indices were slightly mixed other than the Stoxx Europe 600 which edged higher by 0.1%. Meanwhile Frankfurt’s DAX posted the reg ...

  • giovanni archidiacono
  • 0 mins read

Toyota's Asian sales rise as US market slows down

Toyota Motor’s quarterly earnings were higher than expected as sales in the Asian region continue to increase, while showing signs of ...

  • giovanni archidiacono
  • 1 min read

President Donald Trump's speech to the US Congress

    TO THE CONGRESS OF THE UNITED STATES:Madam Speaker, Mr. Vice President, Members of Congress, the First Lady of the United St ...

  • giovanni archidiacono
  • 25 mins read

Nikkei and ASX shine as most indices close for the New Lunar Year

Asian indices are mostly closed due to the New Lunar Year celebrations. However, Japan’s Nikkei 225 rose by 0.3% as Yamaha Corp. adva ...

  • giovanni archidiacono
  • 0 mins read

LIMA group urges halting gold and oil purchases from Venezuela

The Lima group, consisting of Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, Guatemala, Honduras, Mexico, Panama, Paraguay has urge ...

  • giovanni archidiacono
  • 0 mins read

China's developers post year-on-year drop in housing contract sales

According to property consultancy China Real Estate Consultancy Corp. (CRIC), more than 30% of China’s top 100 developers posted a yea ...

  • giovanni archidiacono
  • 1 min read

Eurozone indices hit nine-week highs

Major European indexes rose on Tuesday, boosted by momentum from Wall Street’s positive start to the week, and with oil and bank stock ...

  • giovanni archidiacono
  • 0 mins read

US markets rally as investors await Trump's speech

U.S. indices posted gains as investors eagerly awaited President Donald Trump's latest State of the Union address while the corporate earnin ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 05/2/2019

All times in GMT+7, Jakarta, Bangkok   10:30 AUD RBA Cash Rate Target (FEB 5)   15:45 EUR Markit/ADACI Italy Services PMI (J ...

  • giovanni archidiacono
  • 1 min read

US indices rally with the Nasdaq rising over 1%

U.S. markets ended the day’s exchange on a high as there are positive comments from both U.S. and China officials regarding the ongoin ...

  • giovanni archidiacono
  • 0 mins read

Asian indices kick the week off with gains

Asian indices rallied during today’s exchange, while Chinese markets were closed due to the Lunar Year celebrations, Hong Kong’s ...

  • giovanni archidiacono
  • 0 mins read

GM seeks furhter expansion in Brazil

General Motors Co has stated that it is reviewing its decision to invest $2.73 billion in Brazil as it would depend on the returning to prof ...

  • giovanni archidiacono
  • 0 mins read

Oil prices slighlty lower, although output is expected to decline

Oil prices hovered slightly lower due to expectations of a shrinking supply along with the current tensions between Washington and Beijing a ...

  • giovanni archidiacono
  • 0 mins read

Trump does not rule out military intervention against Venezuela

Donald Trump has made it clear that military intervention is an option regarding the current situation in Venezuela and has warned Russia of ...

  • giovanni archidiacono
  • 1 min read

Tsai Ing-wen takes a shot at China's lack of democracy

Taiwan’s President Tsai Ing-wen did not mix her words as she criticized China’s lack of democracy just a day before the new Luna ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 04/2/2019

All times in GMT+7, Jakarta, Bangkok   07:00 AUD TD Securities Inflation (MoM) (JAN) A monthly estimate of inflation in the Austral ...

  • giovanni archidiacono
  • 4 mins read

US indices post their best January month since the 80's

U.S. indices were mostly up as the Fed announced a more positive stance regarding rising interest rates. The DJIA fell off the pace by 0.9% ...

  • giovanni archidiacono
  • 0 mins read

World central banks spend record numbers in purchasing gold

The world banks have purchased around 651.5 metric tons of bullion in 2018 which is 74% higher than the previous year amounting to a spendin ...

  • giovanni archidiacono
  • 0 mins read

US indices post bet day since December as Powell looks to take a positive stance on rates

U.S. indices posted their best day since December 6 as the Fed announced it will hold rates at the 2.25%-2.50% mark. Fed chair Jerome Powel ...

  • giovanni archidiacono
  • 0 mins read

Alibaba's revenue lowest since 2016

Chinese e-commerce giant Alibaba’s revenue decreased to its lowest figures since 2016 due to the ongoing trad spat between Washington ...

  • giovanni archidiacono
  • 0 mins read

Oil prices rise following Venezuela's sanctions

Oil has climbed by 1% as investors digest the sanctions handed to Venezuela by the U.S.A. which would essentially disrupt the global supply ...

  • giovanni archidiacono
  • 0 mins read

Eurozone indices post gains, DAX loses momentum

Eurozone markets traded higher as there are signs of a new round of talks between Washington and Beijing. Leading the way is the Stoxx Euro ...

  • giovanni archidiacono
  • 0 mins read

UK lawmakers pass amendment, but time is ticking for Theresa May

Lawmakers in the U.K. have approved Theresa May’s proposal to re-negotiate the Brexit deal with Brussels, which will more than likely ...

  • giovanni archidiacono
  • 1 min read

Indices mostly trade higher as Japan falls off the pace

Main indices in Asia traded in mixed fashion as investors look ahead to the Fed’s meeting along with the current U.S.-China trade stan ...

  • giovanni archidiacono
  • 0 mins read

US indices mixed as earnings reports continue to roll in

US indices were slightly mixed as another round of earnings reports were posted. The DJIA advanced by a slight 0.2%, meanwhile both the S&a ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 29/1/2019

All times in GMT+7, Jakarta, Bangkok   07:30 AUD NAB Business Conditions (DEC) A survey of the current state of the business sector ...

  • giovanni archidiacono
  • 1 min read

Huawei and its CFO in hot water as US Department of Justice files criminal charges

Criminal charges have been filed by the U.S. Department of Justice against Huawei’s CFO, Meng Wanzhou, along with additional theft cha ...

  • giovanni archidiacono
  • 1 min read

US markets post losses as Nvidia and Caterpillar post weak earnings

US indices had a bad start to the week as they all posted losses as investors turn cautious due to the continued trade standoff between Wash ...

  • giovanni archidiacono
  • 0 mins read

Asian markets close the week on a high

Also gained Asian markets continued taking gains following Wall Street’s performance. Chinese mainland index, the Shanghai Composite ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 25/1/2019

All times in GMT+7, Jakarta, Bangkok     08:10 JPY BOJ Outright Bond Purchase 5~10 Years   16:00 EUR German IFO Busine ...

  • giovanni archidiacono
  • 2 mins read

Intel fourth quarter figures miss expectations as company continues to seek a new CEO

Intel shares dropped by 8% during Thursday’s exchange as the company’s fourth quarter figures did not quite meet expectations. ...

  • giovanni archidiacono
  • 1 min read

Chip makers rally while the DJIA slips during exchange

The DJIA ended the session with a slight loss of 0.1% following Commerce Secretary Wilbur Ross comments regarding the trade standoff between ...

  • giovanni archidiacono
  • 0 mins read

Eurozone indices mostly higher as ECB makes decision on rates

Following yesterday’s strong performance by wall Street, Eurozone indices traded mostly higher and the wawaited announcement on rates ...

  • giovanni archidiacono
  • 0 mins read

Asian indices mostly higher following Wall Street's performance

Asian markets rallied following Wall Street’s session coupled with some strong earnings reports from the likes of IBM and United Techn ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 24/1/2019

All times in GMT+7, Jakarta, Bangkok   07:30 AUD Employment Change (DEC) Tracks the number of employed in Australia . The figure ap ...

  • giovanni archidiacono
  • 4 mins read

US markets post gains as strong earning reports continue

US indices made up the lost ground from Wednesday’s session, although there still seems to be an air of concern surrounding the curren ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mixed as US-China trade talks suffer breakdown

Asian indices were mixed across the board as there seem to be a breakdown between Washington and Beijing’s current trade talks. Mainl ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 23/1/2019

All times in GMT+7, Jakarta, Bangkok     09:00 NZD RBNZ Sectoral Factor Inflation Gauge   11:30 JPY All Industry Activ ...

  • giovanni archidiacono
  • 3 mins read

Here is a quick breakdown of how the US markets have performed under Trump

Here is a breakdown of how the markets have performed as U.S. President Donald Trump enters his third year in power. With a mix of issues s ...

  • giovanni archidiacono
  • 2 mins read

US indices drop amid global fears of a slowdown

U.S. indices closed their exchange session on loss as global slowdown fears gripped investors. Other factors where reports that U.S. offici ...

  • giovanni archidiacono
  • 0 mins read

Asian markets fall due to global worries

Asian markets took a slowdown due to global economic fears, with the mainland Chinese markets falling off the pace. The Shenzhen composite ...

  • giovanni archidiacono
  • 0 mins read

Asian markets rally despite China's weak GDP figures

Asian markets have rallied despite China’s growth in the last quarter of 2018 being the slowest since 1990. Mainland Chinese indices ...

  • giovanni archidiacono
  • 0 mins read

China's fourth-quarter growth slowest since 1990

China’s economic growth grew at its slowest pace since 1990 as fourth quarter GDP growth came in at 6.4% which is down from 6.5% the p ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 21/1/2019

All times in GMT+7, Jakarta, Bangkok     09:00 CNY Retail Sales (YoY) (DEC)   09:00 CNY Retail Sales YTD (YoY) (DEC) ...

  • giovanni archidiacono
  • 1 min read

US markets post yet another winning session

US exchanges ended the week on a high note fueled by news that Chinese officials have offered to increase imports to the U.S. by $1 trillion ...

  • giovanni archidiacono
  • 0 mins read

EU markets rally, Telecom Italia shares slip by 8%...

The Eurozone’s indices enjoyed gains all across the board as there seems to be some progress on the U.S.-China trade standoff. The St ...

  • giovanni archidiacono
  • 0 mins read

Asian indices boosted as China's Vice Premier heads to Washington

Asian markets were boosted following positive news from the ongoing U.S.-China trade talks. Mainland Chinese markets enjoyed gains as the S ...

  • giovanni archidiacono
  • 0 mins read

Trump cancels his Davos summit trip due to government shutdown

Donald Trump has cancelled his and his delegation will not be going to the World Economic Forum, due to the ongoing government shutdown. Pr ...

  • giovanni archidiacono
  • 0 mins read

Islamic Development Bank agrees to $40 million loan for Kazakh businesses

The Islamic Development Bank (IsDB) has provided a $40 million loan to Kazakhstan’s Damu Entrepreneurship Development Fund.  Fun ...

  • giovanni archidiacono
  • 1 min read

India's businesses call on RBI to cut rates

Main business groups in India have called on to the central bank to decrease its interest rates by half of a percentage point and to cut its ...

  • giovanni archidiacono
  • 0 mins read

Debt in the Islamic Perspective

In general business people are not afraid of debt, because they know how to pay debts and unfortunately many of the businessmen run away fro ...

  • Gold
  • 3 mins read

Today's announcements and data releases, 18/1/2019

All times in GMT+7, Jakarta, Bangkok   09:00 NZD Non Resident Bond Holdings (DEC) The monetary value of bonds held by non residents ...

  • giovanni archidiacono
  • 7 mins read

US indices continue the winning streak

US indices maintained their winning streak as positive news came from the current trad stand-off between Washington and Beijing that Trump&r ...

  • giovanni archidiacono
  • 0 mins read

US launches investigation into Huawei on allegations of intellectual property theft

U.S. federal prosecutors in Seattle have announced they are due to launch an investigation into Huawei as allegations regarding theft of int ...

  • giovanni archidiacono
  • 1 min read

Theresa May survives no-confidence vote

Theresa May survived a vote of no confidence by a slim margin as votes were 306 for and 325 against, following her defeat in parliament in a ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 17/1/2019

All times in GMT+7, Jakarta, Bangkok   16:30 GBP Bank of England Credit Conditions & Bank Liabilities Surveys   17:00 EU ...

  • giovanni archidiacono
  • 3 mins read

Bank of America posts record earnings

Bank of America delivered its fourth quarter revenue figures and its shares rallied by 7.16%. Earnings were $0.73 per share compared to the ...

  • giovanni archidiacono
  • 0 mins read

US indices continue the gains as Goldman and BoA post strong earnings

US indices have rallied for the second straight day as earnings report from companies such as Goldman Sachs and Bank of America boosted the ...

  • giovanni archidiacono
  • 0 mins read

Brexit agreement "not open for negotiation.." according to chief negotiator Barnier

EU chief negotiator Michel Barnier has hinted that Britain may still keep a close bond with Brussels, which would entail adhering to its reg ...

  • giovanni archidiacono
  • 0 mins read

Blockchain commodity trading platform Vakt adds Chevron and Total to its members club..

Chevron has joined other energy heavyweights Total, from France and Indian based refiner Reliance Industries in becoming members of the Vakt ...

  • giovanni archidiacono
  • 0 mins read

Goldman Sachs smashes expectations, shares up pre-market

Goldman Sachs has beaten expectations as revenue and profits have risen, regardless of the rather difficult 2018 the bank has had. Especial ...

  • giovanni archidiacono
  • 0 mins read

China's bank injects $83 billion into the economy in order to salvage the current slowdown

In an attempt to rescue the current weakening economy, China’s central bank has made an injection of $83 billion as policymakers pledg ...

  • giovanni archidiacono
  • 0 mins read

French governenment announces new growth package, but will it stop the uprising?

Bank of France Governor, Francois Villeroy de Galhau has announced a new package which he sees as a step in the right direction to resolving ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mixed following UK government defeat

Asian markets slumped following the U.K. government’s defeat in parliament, casting doubt over the future of the country’s econo ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 16/1/2019

All times in GMT+7, Jakarta, Bangkok   11:30 JPY Tertiary Industry Index (MoM) (NOV) Evaluates the monthly change in output produce ...

  • giovanni archidiacono
  • 7 mins read

US indices post first winning session of the week

Despite the disappointing figures from JPMorgan & Chase along with the current slowdown in China’s economy the US indices rallied ...

  • giovanni archidiacono
  • 0 mins read

JPMorgan shares down pre-market as earnings are just below estimates

JPMorgan & Chase’s profits, surprisingly, not meet their forecasted figures as pre-market shares dwindled by 1.7%. This very same ...

  • giovanni archidiacono
  • 0 mins read

China's weak data drags down oil prices

Oil prices took a plunge on the last session after weak Chinese imports and exports citing a slowdown in global demand. Brent crude retreat ...

  • giovanni archidiacono
  • 0 mins read

HSBC settles $250 billion of FX trades using blockchain

Thanks to blockchain platform “FX Everywhere” HSBC has handled over 3 million transactions equalling to 150,000 payments which h ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 15/1/2019

All times in GMT+7, Jakarta, Bangkok   11:30 JPY Bankruptcies (YoY) (DEC) Measures the number of companies that filed for bankruptc ...

  • giovanni archidiacono
  • 3 mins read

US market close lower posting first back-to-back losing sessions of the year

US markets posted their first back-to-back losing sessions of the new year following disappointing Chinese data. The DJIA retreated by 0.4% ...

  • giovanni archidiacono
  • 0 mins read

EU markets take a hit following weak Chinese data

The Eurozone markets have not fared well in today’s exchanges due to China’s weak data. As mirrored by the pan-European STOXX 6 ...

  • giovanni archidiacono
  • 0 mins read

Trump fires warning to Turkey's Erdogan

Donald Trump has sent a strong warning to his Turkish counterpart Recep Tayyip Erdogan. In a typical not-so-subtle statement Trump made it ...

  • giovanni archidiacono
  • 0 mins read

Asian markets end the day's session negative

Asian markets were all on the red zone following China’s data revealing the huge surplus of trade with the US. The Shanghai composite ...

  • giovanni archidiacono
  • 0 mins read

South Korea uses Blockchan as incentive for tax credit

Regardless of a bearish period undergone by most, if not all crypto tokens, the South Korean government has added blockchain to the list of ...

  • giovanni archidiacono
  • 0 mins read

CapitaLand strikes deal to create Asia's largest property group

Earlier today, CapitaLand announced that it would buy Ascendas-Singbridge Pte. from Temasek for SGD6.04 billion ($4.44 billion) in a cash-an ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 14/1/2019

All times in GMT+7, Jakarta, Bangkok     14:00 EUR German Wholesale Price Index (YoY) (DEC) Measures changes in the prices pa ...

  • giovanni archidiacono
  • 1 min read

Saudi energy minsiter hints that Russia should "catch up" on contributing oil cuts

Saudi Energy Minister Khalid al-Falih does not seem to think that Russia is keeping up the recent OPEC agreement set in stone in December wh ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 11/1/2019

All times in GMT+7, Jakarta, Bangkok     12:00 JPY Eco Watchers Survey Current (DEC)   12:00 JPY Eco Watchers Survey O ...

  • giovanni archidiacono
  • 5 mins read

US indices have their best start in a decade

The US indices have got off to one of their best starts in a long while. The DJIA rose by 0.5%, bringing its year-to-date gain to 2.89% hen ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 10/1/2019

All times in GMT+7, Jakarta, Bangkok   15:00 CHF Foreign Currency Reserves (DEC)   19:30 EUR ECB Publishes Account of Dec. 1 ...

  • giovanni archidiacono
  • 3 mins read

US indices continue 4th straight winning streak

The DJIA has enjoyed its longest streak since November and the S&P 500 has also its longest run of gains since September. Furthermore, ...

  • giovanni archidiacono
  • 0 mins read

Oil prices continue to surge as OPEC's members maintain production cuts

Oil is enjoying a surge of late after falling by more than 40% over the last 3 months. Saudi energy minister, Khalid al-Falih announced the ...

  • giovanni archidiacono
  • 0 mins read

EU stocks continue the rally despite weak German numbers

EU stocks continued their rally, brushing aside weak German data as positivity surrounds the current talks between Washington and Beijing. ...

  • giovanni archidiacono
  • 0 mins read

Brazil seems very attractive looking ahead in 2019

Since the election of its new president, Jair Bolsonaro, in last October, Brazil has once again made investors look closer as to what prospe ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 9/1/2019

All times in GMT+7, Jakarta, Bangkok     13:25 CHF SNB Posts Preliminary Result   14:00 EUR German Trade Balance (NOV) ...

  • giovanni archidiacono
  • 7 mins read

Markets conitnue to rally, Apple shares make up on previous losses

The DJIA recorded its first 3-day winning streak since November as it rose 1.1%, while the S&P 500 gained 0.97% and the Nasdaq increased ...

  • giovanni archidiacono
  • 0 mins read

EU markets make gains despite a mix of political headlines

It has been an interesting day in the Eurozone, Macron is facing another face off with the “yellow vest” protests while weak Ger ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 8/1/2019

All times in GMT+7, Jakarta, Bangkok     07:30 AUD Trade Balance (NOV)   07:30 AUD ANZ Job Advertisements (MoM) (DEC) ...

  • giovanni archidiacono
  • 5 mins read

The S&P may rally by 15% or more..... here's what to look out for

With the recent market dip a thing of last year, some analysts are claiming that we are at the bottom and the only way forward is up. There ...

  • giovanni archidiacono
  • 1 min read

Indices rally due to positive trade talks, energy sectors surge

Following what many have described as a positive meeting between U.S. and China on trade talks, indices in the States have slightly edged up ...

  • giovanni archidiacono
  • 0 mins read

Morgan Stanley, Charles Schwab, UBS and co. launch new exchnage to take on Wall Street

A new low-budget exchange named the MEMX (Members Exchange) will be launched by a consortium of financial institution in order to compete wi ...

  • giovanni archidiacono
  • 1 min read

Eurozone markets remain mostly unchanged

EU stocks have been trading cautiously as Trump and Xi hold crucial trade talks. The Stoxx Europe 600 traded almost flat while the German D ...

  • giovanni archidiacono
  • 0 mins read

Oil prices rally as economic slowdown seems imminent

Oil prices have rallied as trade talks resume between Washington and Beijing and a feeling that an economic slowdown is due aired by J.P. Mo ...

  • giovanni archidiacono
  • 0 mins read

Bumblebee knocks Aquaman off the box office top spot

Aquaman has been replaced at the top of the box office rankings by Bumblebee. On its Chinese debut the movie cashed in $59.4 million and br ...

  • giovanni archidiacono
  • 1 min read

Malaysian King abdicates just after 2 years

For the first time in Malaysian history, its king has abdicated the throne. Following much speculation, and rather unexpectedly, 49-year-ol ...

  • giovanni archidiacono
  • 0 mins read

Asian markets rally ahead of Trump nd Xi's trade talks

Asian Markets have been trading slightly higher due to the upcoming meeting between Trump and Xi Jinping today as they engage in trade talks ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 7/1/2019

All times in GMT+7, Jakarta, Bangkok     12:00 JPY Vehicle Sales (YoY) (DEC)   14:00 EUR German Retail Sales (MoM) (NO ...

  • giovanni archidiacono
  • 2 mins read

New survey suggests Britain wants a second referendum on Brexit

The UK is nearing its leaving due date on March 29, however, there is a growing sentiment amongst Britons which might call for a second refe ...

  • giovanni archidiacono
  • 0 mins read

Apple's troubles forgotten as U.S. economy bounces back

The Fed’s chair, Jerome Powell made it clear that they won’t be too hasty in raising rates going ahead in 2019 and these comment ...

  • giovanni archidiacono
  • 0 mins read

US indices trade negative as Apple suffers worst day since 2013

U.S. indices have taken another hit into the new year as concerns over a slowing global economy seems to be gripping investors’ sentim ...

  • giovanni archidiacono
  • 0 mins read

Oil prices gain as OPEC's cuts seem to be working

Oil prices are on the rise, as OPEC’s production cuts seem to be effective. Brent Crude futures were up 1.7% at $55.82 a barrel while ...

  • giovanni archidiacono
  • 0 mins read

US issues Level 2 warning regarding travelling to China

Travelling to China should be treated with “extreme caution” according to the U.S. State Department as it issued a level 2 warni ...

  • giovanni archidiacono
  • 0 mins read

British employers struggle to find new workers as Brexit still remain unsolved

According to a British Chamber of Commerce study there are clear indications that companies are facing difficulties when it comes to enrolli ...

  • giovanni archidiacono
  • 0 mins read

Indian authroities warn public not to invest in cryptocurrencies

It is common knowledge that India has enforced a ban on banks on facilitating or advising the purchase of cryptocurrencies, nevertheless, au ...

  • giovanni archidiacono
  • 0 mins read

Thailand to implement blockchain technology in upcoming elections

Thailand’s NECTEC (National Electronics and Computer Technology Centre) has announced it will adopt a blockchain backed system in its ...

  • giovanni archidiacono
  • 0 mins read

EU tech sector hit by Apple's announcement while indices trade negative

Apple’s decision to cut its revenue forecast has taken a hit on the Eurozone’s markets, most notably the tech sector, Switzerlan ...

  • giovanni archidiacono
  • 0 mins read

Xi seeks peaceful unification with Taiwan, however use of force is not ruled out

Xi Jinping has decided to reach out to Taiwan in a bid to ease tensions between the two countries, given the current slowing status of the C ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 02/01/2019

All times in GMT+7, Jakarta, Bangkok     15:45 EUR Markit/ADACI Italy Manufacturing PMI (DEC)   15:50 EUR Markit Franc ...

  • giovanni archidiacono
  • 0 mins read

Asian markets start 2019 with caution

Asian markets have begun the new year in a cautious manner, bar the Japanese indices as tey are still closed forthe holiday season. Mainlan ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 2 January 2019

A. Indonesia Morning Market ReviewWednesday (02/01/2019). In 2018 by incising a number of records where the JCI during December rose + 3.39% ...

  • Gilang Ramadhan
  • 2 mins read

Today's announcements and data releases, 31/12/2018

All times in GMT+7, Jakarta, Bangkok     16:00 CHF Total Sight Deposits CHF (DEC 28)   16:00 CHF Domestic Sight Deposi ...

  • giovanni archidiacono
  • 0 mins read

Asian markets close 2018 on a negative note

On the final trading day o Hang Seng index climbed by 1.34%, however he overall figure for the year tells a different story as it is down 13 ...

  • giovanni archidiacono
  • 0 mins read

Italy's budget gets vote of confidence a day before its deadline

Italy’s parliament has passed the government’s budget a day before its deadline as it won a vote of confidence by the Chambers o ...

  • giovanni archidiacono
  • 0 mins read

EU's decision to lower usage of palm oil is not welcomed by Indonesia and Malaysia

Malaysia and Indonesia surely will not like the latest statements form the EU as it plans to bring to an end the use of palm oil in transpor ...

  • giovanni archidiacono
  • 1 min read

Russia won't be joining OPEC permanently anytime soon

OPEC’s hopes to have Russia as a permanent partner have been dashed by the Kremlin’s Energy Minister, Alexander Novak. Only rec ...

  • giovanni archidiacono
  • 0 mins read

EU markets finish strong in penultimate session of 2018

Eurozone indices have come out of yesterday’s slump to record some gains, the Stoxx Europe 600 climbed by 2% after hitting a 52-week l ...

  • giovanni archidiacono
  • 0 mins read

Oil prices surge regardless of growing U.S. inventories

Oil prices have taken a slight edge upwards following the recent losses which saw it hit 18-month lows and resulting it in being down 20% fo ...

  • giovanni archidiacono
  • 0 mins read

Government shutdown in its 12th day as Senate adjourns budget decision

The US government partial shutdown will continue into next week as legislator failed to come to an agreement in regards to Trump’s req ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 28/12/2018

All times in GMT+7, Jakarta, Bangkok   15:00 CHF KOF Leading Indicator (DEC)   16:30 GBP BBA Loans for House Purchase (NOV) ...

  • giovanni archidiacono
  • 2 mins read

Asian indices contiue gains as Japan falls behind

Asian markets have enjoyed another day of slight gains, bar Japan as it failed to keep up the pace. The Nikkei 225 retreated by 0.37% while ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 28 December 2018

A. Indonesia Morning Market ReviewFriday (28/12/2018). Concerns about government shutdown had brought the DJIA down sharply -611 points earl ...

  • Gilang Ramadhan
  • 2 mins read

JP Morgan settles $135 million fine by the SEC for misconduct

JPMorgan Chase & Co. has settled the $135 million imposed by the SEC (Securities and Exchange Commission) due to allegations that it ina ...

  • giovanni archidiacono
  • 0 mins read

U.S. indices close on a high recovering from early losses

U.S. stocks continued their surge as the DJIA was up 1.1% ending on 260.37 points wiping out a 600-point loss earlier during the exchanges. ...

  • giovanni archidiacono
  • 0 mins read

U.K.'s defence minister warns of Huawei's threat to cybersecurity

Huawei has had what most would see as a year to forget, with the Chinese telecom giant being blocked out of Japan, while New Zealand banned ...

  • giovanni archidiacono
  • 1 min read

Apple to move iPhone X assembly operations to India via Foxconn

The ongoing trade war between Washington and Beijing has prompted Apple to move its operations out of China and to focus on India as it anno ...

  • giovanni archidiacono
  • 0 mins read

Eurozone indices take a hit as a global sell-off seems imminent

Fears of a global sell-off did not fare well for the Eurozone as markets lost the early leads gained in the morning session. The Euro Stoxx ...

  • giovanni archidiacono
  • 0 mins read

Japan's plans to allow more foreign workers is not welcomed by all

Japan’s passing of its controversial law allowing more foreigner workers to enter the country has not been taken with such open arms a ...

  • giovanni archidiacono
  • 2 mins read

Vietnam overtakes Singapore to claim Southeast Asia' IPO top spot

Vietnam has become Southeast Asia’s top market for IPO’s for 2018 overthrowing Singapore. In the previous years the communist c ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 27/12/2018

All times in GMT+7, Jakarta, Bangkok     16:00 EUR ECB Publishes Economic Bulletin (DEC 13)   16:00 CHF Credit Suisse ...

  • giovanni archidiacono
  • 0 mins read

Asian markets surge folowing Wall Street's rally

Asian markets were boosted by the rally in Wall Street as the major indices rose above 4.9% along with the rise of the energy sector which b ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 27 December 2018

A. Indonesia Morning Market ReviewThursday (27/12/2018). The highest rebound of DJIA in the past decade was +1086.25 points (+ 4.98%) and th ...

  • Gilang Ramadhan
  • 2 mins read

U.S. indices rally on, Oil prices jump by more than 7%

U.S. indices have made a rally after the worst Christmas Eve on record. The DJIA shot up by 550 points, while the S&P 500 who traded in ...

  • giovanni archidiacono
  • 0 mins read

Indonesia disaster agency warns of severe weather as Anak Krakatoa continues to pose a danger

Indonesian authorities have warned of "extreme weather and high waves" around the erupting Anak Krakatau volcano, while the nations’ m ...

  • giovanni archidiacono
  • 1 min read

BoA announces new blockchain patent to facilitate cash handling services

Bank of America has announced it is seeking to patent a blockchain supported system aiming to improve cash handling services. The patent do ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 26/12/2018

All times in GMT+7, Jakarta, Bangkok   21:00 USD S&P/Case-Shiller US Home Price Index (OCT)   21:00 USD S&P/Case-Shi ...

  • giovanni archidiacono
  • 0 mins read

Japan exits IWC and will resume commercial whaling as of July 2019

Japan has drawn harsh criticism due to its decision to terminate being part of the International Whaling Commission (IWC) and announcing it ...

  • giovanni archidiacono
  • 1 min read

U.S. oil prices gain following previous losses, but not all is in the clear

U.S. oil prices have gained some ground from its previous losses which saw the fossil fuel slump by 6.7% marking its lowest point since June ...

  • giovanni archidiacono
  • 0 mins read

Asian markets resume, Nikkei bounces back

Asian markets have been trading after the Christmas holidays, apart from Australia and Hong Kong as they are still closed for the festive se ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 26 December 2018

A. Indonesia Morning Market ReviewWednesday (12/26/2018). During the Indonesian market holiday, the DJIA and the Regional Exchange were "cov ...

  • Gilang Ramadhan
  • 2 mins read

Oil slides to 16-month lows as investors seek safety in gold

Oil has fallen by almost 7% as another volatile market session following and a U.S. government shutdown possibility becoming real. While th ...

  • giovanni archidiacono
  • 0 mins read

No Santa rally as Dow continues the decline while Trump takes another shot at the Fed

The main U.S. indices have once again fallen after a weekend of interesting events in Washington. Firstly, there were reports Trump intende ...

  • giovanni archidiacono
  • 1 min read

RBS joins fellow UK banks in expanding EU operations

Given the current situation surrounding Brexit, several UK banks and financial institutions have applied to the European Central Bank for re ...

  • giovanni archidiacono
  • 0 mins read

South Korea's School of Integrated Sciences and Technologies launches crypto MBA degree

The Seoul School of Integrated Sciences and Technologies, also known as Assist, will launch a master’s degree in both cryptocurrency a ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 24/12/2018

All times in GMT+7, Jakarta, Bangkok     16:00 CHF Total Sight Deposits CHF (DEC 21)   16:00 CHF Domestic Sight Deposi ...

  • giovanni archidiacono
  • 0 mins read

South Korea aims to fine BMW $10 million over vehicle engine fires

German carmaker BMW has been fined by South Korea the sum of $10 million in regards to the lack urgency in recalling faulty vehicles and may ...

  • giovanni archidiacono
  • 1 min read

Indonesian tsunami claims 222 lives as rescue operations continue

The tsunami wave that hit Indonesia's Sunda Strait on Saturday night has claimed 222 lives so far as evacuation and rescue operations contin ...

  • giovanni archidiacono
  • 1 min read

Asian indices see some gains entering the Christmas holiday

Asian markets broke off trading earlier due to the Christmas holiday with mixed results all across the board apart from Japan’s Nikkei ...

  • giovanni archidiacono
  • 0 mins read

J.P. Morgan and Morgan Stanley have a bullish outlook on Asia

Asian markets may have had a year to forget, however, both J.P. Morgan and Morgan Stanley have positive outlooks for the coming year. Regar ...

  • giovanni archidiacono
  • 1 min read

Trump irritated by Powell's decision, but does he have the authority to remove him as Chairman of the Fed?

The latest move by the Fed has left Donald Trump not feeling very pleased, he did after all in previous weeks pointed to the Federal Reserve ...

  • giovanni archidiacono
  • 1 min read

December has been the worst month for the Dow since the Great Depression

The DJIA has dropped by 120 points in another volatile trading session, as earlier news pointing to the Federal Bank of New York potentially ...

  • giovanni archidiacono
  • 0 mins read

Malaysian Government seeks $7.5 billion in damages from Goldman Sachs

Following this week’s charges brought onto Goldman Sachs by the Malaysian Government, the latter has demanded a $7.5 billion in damage ...

  • giovanni archidiacono
  • 0 mins read

Indonesia's coal companies aiming to go into renewables

Indonesia’s major coal miners, Adaro Energy, Indo Tambangraya Megah and Tabang Batubara Bukit Asam are all seeking to turn to more env ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 21/12/2018

All times in GMT+7, Jakarta, Bangkok     14:00 EUR German Import Price Index (MoM) (NOV) Measures the change in prices for go ...

  • giovanni archidiacono
  • 8 mins read

Markets continue in the red following Wall Street's volatile session

Asian markets are once again trading negative as Wall Street suffered another volatile trading session. China is embroiled in a hacking sca ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 21 December 2018

A. Indonesia Morning Market ReviewFriday (21/12/2018). The DJIA fell sharply again by -464.1 points (-2%) after the Fed raised the FFR and a ...

  • Gilang Ramadhan
  • 2 mins read

Dow Jones hits 14-month lows as Nasdaq enters the bears' claws

The Fed’s decision has spared nobody as Asian and European markets were in the red, however news that Donald Trump may not be willing ...

  • giovanni archidiacono
  • 0 mins read

Oil prices hit 15-month lows as inventories keep surging

Oil prices have hit the lowest mark for over a year as a worry of over-supply and rising Fed rates have hit hard on the stock markets. U.S. ...

  • giovanni archidiacono
  • 0 mins read

Western Union partners up with Ripple to test faster payments

President of Western Union Odilon Almeida has hinted to the possible use of blockchain technology as it also eyes to launch its own cryptocu ...

  • giovanni archidiacono
  • 1 min read

Qualcomm scores a second blow to Apple in Germany

Qualcomm has struck a second victory against Apple as it seeks to further dent the gem in its cap. Apple meanwhile faces a second in German ...

  • giovanni archidiacono
  • 0 mins read

U.S. Justice Department charges two Chinese nationals linked to hacking, identity theft, wire fraud

Two Chinese nationals, Zhu Hua and Zhang Shilong, have been charged by the U.S. Justice Department on indictments including conspiracy to co ...

  • giovanni archidiacono
  • 1 min read

European stocks suffer as the Fed's decision creates a negative effect

Powell decision to raise rates has had European stocks trading negative, as the pan-European STOXX600 index fell to its lowest since Decembe ...

  • giovanni archidiacono
  • 0 mins read

Marlboro's Altria Group finalizes $12.8 billion of Juul Labs

Altria Group Inc. has just purchased a 35% stake in Juul Labs Inc., the deal is rumoured to be around $12.8 billion making it one of Silicon ...

  • giovanni archidiacono
  • 0 mins read

Putin reminds everyone not to overlook chance of a nuclear conflict

Russian President Vladimir Putin has pointed out that nuclear conflict is an issue not to be overlooked, pointing in particular at the recen ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 20/12/2018

All times in GMT+7, Jakarta, Bangkok   14:00 CHF Exports (MoM) (NOV)   14:00 CHF Imports (MoM) (NOV)   14:00 JPY Con ...

  • giovanni archidiacono
  • 3 mins read

Former Nissan chairman Ghosn likely to be released

The Tokyo District Court has announced it will not extend former Nissan’s chairman Carlos Ghosn detention along with Ghosn’s for ...

  • giovanni archidiacono
  • 0 mins read

Asian indices down, Chinese and Australian bank suffer following Fed's rate hike

The Fed’s decision to raise rates has already taken effect as Asian indices and Bank sectors declined following the news. Starting wi ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today 20 December 2018

A. Indonesia Morning Market ReviewThursday (12/20/2018). After the DJIA had gained around +382 points before the announcement of the FFR inc ...

  • Gold
  • 2 mins read

Markets turn negative as Fed raises rates

U.S. indexes have declined as the Fed Reserve has once again raised rates, by one quarter point, for the fourth and final time in 2018 and a ...

  • giovanni archidiacono
  • 0 mins read

Washington to lift sanctions over aluminium giant Rusal

Oleg Deripaska is about to hand over the reins of its two aluminium companies, Rusal and En+. Deripaska had originally been it by sanctions ...

  • giovanni archidiacono
  • 0 mins read

US indexes rally as trading gets under way

The main U.S. indices gained some momentum as the Fed is expected to reveal its decision later today and the sentiment is that Powell will d ...

  • giovanni archidiacono
  • 1 min read

Bitcoin records 3-week gains of 22%

Bitcoin has surged by 10% to a high of $3,929.10 and bringing its 3-week gains by 22%. Along with Bitcoin XRP rose by 16% and ETHER also we ...

  • giovanni archidiacono
  • 0 mins read

Trump claims victory over ISIS

The U.S. will begin to draw its troops out of Syria as Donald Trump declared victory over the Islamic militant group ISIS. In claiming vict ...

  • giovanni archidiacono
  • 1 min read

UK Business unions not happy with the Government's approach to Brexit

Brexit is nearing and the current mood isn’t that bright at all as U.K. business groups have taken a shot at politicians accusing them ...

  • giovanni archidiacono
  • 1 min read

Italian budget resolution has come to a verbal agreement

Negotiations over Italy’s budget seem to have come to a verbal agreement according to EU Commission Vice President Valdis Dombrovskis. ...

  • giovanni archidiacono
  • 0 mins read

EU markets buoyed, Italian banks shares rise due to budget talks progress

The Eurozone has taken a bit of a breather in today’s trading sessions so far, with the decline in oil prices and news that Italy may ...

  • giovanni archidiacono
  • 0 mins read

Musk's Loop tunnel is unveiled

Two years ago, Elon Musk voiced his dislike of LA traffic and vowed to build a tunnel, that is now come a reality as The Boring Company, own ...

  • giovanni archidiacono
  • 1 min read

Thai central bank raises rates for first time since 2011

The upcoming general elections in Thailand in February 2019 may provide market instability and a lack of economic growth. Therefore, the Ba ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 19/12/2018

All times in GMT+7, Jakarta, Bangkok     14:00 EUR German Producer Price Index (MoM) (NOV)   14:00 EUR German Producer ...

  • giovanni archidiacono
  • 6 mins read

Asian oil shares take a hit, SoftBank debut dissapoints so far

Asian markets continue their trend of uncertainty, especially after a very flat day in Wall Street. In China the Shanghai composite was dow ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today 19 December 2018

A. Indonesia Morning Market ReviewWednesday (19/12/2018). After the DJIA fell sharply by more than -4.2% for 2 days, it turned out that the ...

  • Gold
  • 2 mins read

Trump tells Fed not to "make yet another mistake"

Donald Trump is keeping the heat on the Fed ad it prepares the last of the announcements for 2018, most notably, commenting that they should ...

  • giovanni archidiacono
  • 0 mins read

Credit Suisse "advises" clients to act quick on moving assets out of the U.K.

Credit Suisse seems to think better to re-allocate investments out of the U.K. before Janary as parliament will finally get to vote on the B ...

  • giovanni archidiacono
  • 1 min read

The outlook on 2019 given the events so far this year

Let’s begin with the greenback, it has been climbing steadily however 2019 could see a slowdown as global growth seems to be cooling o ...

  • giovanni archidiacono
  • 1 min read

Goldman Sachs fights its corner, but it does not appear to be so convincing

Goldman Sachs is entering stormy, murky, waters.      According to former employees, investment funds similar to the 1M ...

  • giovanni archidiacono
  • 1 min read

EU stocks and Oil continue the rout as markets wobble

European stocks have once again faired unimpressively, the pan-European Stoxx 600 fell by 0.2% through the day’s session along with mo ...

  • giovanni archidiacono
  • 0 mins read

Toyota offers Grab fleet its Total-care Service

The first signs of a collaboration between Toyota and ride-hailing company Grab has taken place, as the carmaker has offered its new Total-c ...

  • giovanni archidiacono
  • 0 mins read

EU gives the go ahead to huge $2 billion microelectronics project

The E.U. has given the green light to France, Germany, Italy and Britain to allocate $2 billion to aid a collective microelectronics project ...

  • giovanni archidiacono
  • 0 mins read

Japan seeks to strengthen its military presence

Japan has announced it plans to boost its military equipment with the aid of the U.S., as it fears it will lose ground over China’s gr ...

  • giovanni archidiacono
  • 1 min read

All markets heading for a negative end to the year

According to data from the MSCI world equity index, which tracks shares in 47 countries, this may not be such a merry Christmas as the index ...

  • giovanni archidiacono
  • 0 mins read

Xi Jinping, "No one is in a position to dictate to the Chinese people what should or should not be done."

As Chinese President Xi Jinping’s speech continues, one take that has already struck some worrying notes on not giving in to outside p ...

  • giovanni archidiacono
  • 0 mins read

China's growth 40 years on from Deng's reform

As China commemorates the 40th anniversary of the late Deng Xiaoping’s “reform and opening up” the numbers how an incredib ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 18/12/2018

All times in GMT+7, Jakarta, Bangkok     13:45 CHF SECO Dec. 2018 Economic Forecasts   16:00 EUR German IFO Business C ...

  • giovanni archidiacono
  • 1 min read

Markets mostly down as Xi Jinping's speech begins

Asian markets have once again started the day in mostly negative territory, as investors await China’s President Xi Jinping’s sp ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 18 December 2018

A. Indonesia Morning Market ReviewTuesday (18/12/2018). After last week Friday, DJIA fell sharply by -2.02%. At the beginning of this week, ...

  • Gilang Ramadhan
  • 3 mins read

Goldman Sachs "lied to" by former Malaysian government

Goldman Sachs has come out defending its integrity and reputation amid fresh allegations filed by the Malaysian government earlier today, in ...

  • giovanni archidiacono
  • 0 mins read

Blockstream expands to Asia-Pacific region

Blockstream has taken another giant step towards the ability to send payments through outer space by bolstering its satellite service in the ...

  • giovanni archidiacono
  • 1 min read

Both ENI and Shell "fully aware"of corruption surrounding OPL245 scandal

According to Milan judge, Giusy Barbara, both Italian oil company ENI and Dutch counterparts Shell, both were aware of the corruption surrou ...

  • giovanni archidiacono
  • 1 min read

Oil prices fall as US production fails to decrease

Oil prices have taken a turn on the downside as investor sentiment remains under pressure as all around signs grow fuelled by lack of demand ...

  • giovanni archidiacono
  • 0 mins read

UK retail shares in the red, Standard Chartered slips further

London’s FTSE100 index was down by 0.3% today as retail shares went into negative territory as the online fashion retailer ASOS crashe ...

  • giovanni archidiacono
  • 0 mins read

December has been the worst since 1980, but how will it end?

Following the correction of the DJIA and the worst possible start to market trading since December of 1980 futures for the main indexes are ...

  • giovanni archidiacono
  • 0 mins read

Trump's US Chief of Staff appointment is a crypto fan

Donald Trump may have just won a lot of supporters, as the appointment of Mick Mulvaney brings a whole load of support for blockchain techno ...

  • giovanni archidiacono
  • 0 mins read

Goldman Sachs hit by additional criminal charges

Goldman Sachs has been hit by criminal charges brought by the Malaysian Government in connection with the 1MDB scandal. Other charges were ...

  • giovanni archidiacono
  • 0 mins read

Why has Seletar airport become such a sensitive issue?

Singapore’s ambition to become Southeast Asia’s airport bug may be the reason behind the current standoff with Malaysia over the ...

  • giovanni archidiacono
  • 1 min read

The Hang Seng's future is looking rather gloomy

Hong Kong’s index, the Hang Seng, is closing the year on a low and the outlook ahead does not seem very pleasant. Amid the trade feud ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 17/12/2018

All times in GMT+7 Jakarta, Bangkok     16:00 CHF Total Sight Deposits CHF (DEC 14)   16:00 CHF Domestic Sight Deposit ...

  • giovanni archidiacono
  • 5 mins read

Mixed start of the week for oil prices

Oil prices are having mixed fortunes today as Brent slightly fell on fears of a decline in growth while U.S. oil remained on steady ground a ...

  • giovanni archidiacono
  • 0 mins read

Asian makets with a cautious start to the week

Markets in Asia have started the week rather prudently on the back of weak Chinese and European data and a growing concern that global growt ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 17 December 2018

Monday (17/12/2018). Last week ,the JCI rose + 0.71% but foreign investors posted Net Sell of IDR 2.33 trillion, at the beginning of this we ...

  • Gilang Ramadhan
  • 2 mins read

Egypt's 4.400-year-old discovery is in literally perfect condition

Officials in Egypt have announced the discovery of 4,400-year-old tomb dating back to the Fifth Dynasty of the Old Kingdom, at a time when i ...

  • giovanni archidiacono
  • 1 min read

Boeing unveils new production plant in China

Regardless of the ongoing trade spat between the U.S. and China, Boeing has inaugurated its first plant in Zhoushan, China as it seeks to ex ...

  • giovanni archidiacono
  • 0 mins read

US-China tariff deadline extended to March 2

The U.S. Trade Representative office (USTR) has announced changes to the due date for a tariff increase on Chinese goods. The original Janu ...

  • giovanni archidiacono
  • 0 mins read

Market update so far for USD, Gold and Oil

GOLD Bullion has moved into an uptrend given the last consolidation price of $1200 been viewed mostly as a strong base, as the closing high ...

  • giovanni archidiacono
  • 1 min read

EU economy not as strong as it may seem to be

The Eurozone has disappointed on the closing end of 2019, expanding at a sluggish pace for four years and gains of new order growth has disa ...

  • giovanni archidiacono
  • 0 mins read

All major indexes are negative following weak data from China and Eurozone, J&J biggest loser

Wall Street stocks have plunged as both China and Europe announced weak data numbers. However, the spotlight has been shed on Johnson & ...

  • giovanni archidiacono
  • 0 mins read

Theresa May heads to London empty handed

Theresa May will head back to London in what was a futile attempt to gain assurance from Brussels, as the EU leaders put it in writing, "The ...

  • giovanni archidiacono
  • 0 mins read

Forex market mixed, NZD takes a beating, busy day for the EUR

The FX market has been mixed as China released its growth figures which were disappointing to say the least. Topping the list is the Kiwi d ...

  • giovanni archidiacono
  • 1 min read

Oil prices down as China releases weak growth figures

Oil has dropped due to the selloff as investors cash in on the 2% made from the previous session and coupled with the worry that demand may ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 14/12/2018

All times in GMT+7, Jakarta, Bangkok     11:30 JPY Capacity Utilization (MoM) (OCT) Capacity utilization measures the extent ...

  • giovanni archidiacono
  • 4 mins read

China's weak data sends Asian markets in negative territory

Asian markets are taking another beating as China’s economic data for November missed expectations. Industrial output in rose by 5.4% ...

  • giovanni archidiacono
  • 0 mins read

Polls point out to a recession due within the next 2 years

It may seem that a recession may very well be looming upon us, according to the most recent polls, where some feel the likelihood of economi ...

  • giovanni archidiacono
  • 0 mins read

Juncker to publish no-Brexit deal scenario, urges the U.K. to make a decision

The President of the European Commission Jean-Claude Juncker is making it clear to the U.K. that the time has come to make a decision on the ...

  • giovanni archidiacono
  • 0 mins read

Another wild trading session on Wall Street

Wall Street again saw a wild trading session as all the major indexes shed their early gains as the ongoing U.S.-China trade war deadline se ...

  • giovanni archidiacono
  • 1 min read

S&P500 hovering around 2-month lows

The S&P500 index is deep down below the 200-day exponential moving average (EMA)as it finds itself holding near to the 2-month low level ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 14 December 2018

A. Indonesia Morning Market ReviewFriday (14/12/2018). After the DJIA had gained +213.7 points driven by optimism for talks between the US & ...

  • Gilang Ramadhan
  • 2 mins read

Virgin Galactic takes a step closer to making space tourism within reach

Virgin Galactic has taken another giant step into the business of space tourism as it successfully completed its longest rocket-powered flig ...

  • giovanni archidiacono
  • 0 mins read

EUR/USD holds steady following Draghi's comments

EUR/USD pair dropped along with the downward revisions followed by Draghi's comments  that the balance of risk is heading ...

  • giovanni archidiacono
  • 0 mins read

Gold down to week's low, USD up

Gold headed for its lowest point for a week as the greenback gained strength and investors jumped on to the global stock rally. Spot gold r ...

  • giovanni archidiacono
  • 0 mins read

US Unemployment reaches 49-week low, Fed likely to raise rates

American are filing less applications for job benefits, reaching a 49-week low, indicating that the Fed is more likely to raise rates once m ...

  • giovanni archidiacono
  • 0 mins read

Draghi brings the curtain down on QE, interest rates unchanged

Mario Draghi will bring to an end one of his more controversial policies, as of the end of this month QE will cease to be, as will the purch ...

  • giovanni archidiacono
  • 1 min read

German economy keeps growing regardless of difficulties

The German economy is on track to keep its growth rate thanks to domestic consumer demand, however the turbulent trade environment and momen ...

  • giovanni archidiacono
  • 0 mins read

Swiss National Bank makes no changes to its monetary policies

The Swiss National Bank will keep its policy of monetary expansion and stabilizing development and boosting economic activity. As of its la ...

  • giovanni archidiacono
  • 0 mins read

Risk sentiment stalls USD/JPY upside breakthrough

USD/JPY did not take advantage to push the upside past 113.50 yet again, holding firm at 6-day tops while the bulls turn cautious as Europea ...

  • giovanni archidiacono
  • 1 min read

Draghi's turn to come under the spotlight as ECB's monetary policies are due

ECB’ president Mario Draghi is skating on thin ice as the spotlight will be on as he will give his last monetary update of the year la ...

  • giovanni archidiacono
  • 1 min read

China confirms arrest of second Canadian citizen

Another Canadian citizen has been detained in China following former diplomat Michael Kovrig’s arrest on Monday. Both Kovrig and busi ...

  • giovanni archidiacono
  • 1 min read

Kakao shows further commitment to Blockchain startup Orbs

Israeli blockchain start-up Orbs announced it has received investment from the venture arm of South Korea’s internet provider Kakao Co ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 13/12/2018

All times in GMT+7, Jakarta, Bangkok       14:00 EUR German Consumer Price Index (MoM) (NOV F) Assesses changes in the ...

  • giovanni archidiacono
  • 4 mins read

Oil prices inching up, US set to become world's top producer

Oil prices are moving up as trade tensions ease up between the U.S. and China, along with a reduction in U.S. inventories. OPEC’s pro ...

  • giovanni archidiacono
  • 1 min read

US indexes closing positive but lose most of the day's gains

U.S. stocks closed higher amid positive trade talks between Washington and Beijing. The DJIA was up157.03 points to 24,527.27, the S&P5 ...

  • giovanni archidiacono
  • 0 mins read

Theresa May wins vote of confidence but time is running out for a Brexit deal

Theresa May has overcome the prospect of being ousted by her peers, the Conservative party voted 200 for and 117 against and therefore makin ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mostly up after positive US-China trade talks

Asian markets have mostly been in bullish mood, in China the Shanghai composite was up 0.2%, meanwhile the Hong Kong's Hang Seng rose by 0.9 ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 13 December 2018

A. Indonesia Morning Market ReviewThursday (13/12/2018). DJIA moved wildly last night after briefly rising +458 points in the trade war resp ...

  • Gilang Ramadhan
  • 2 mins read

IBM and India's telecom regulators succesfully test blockchain system

The Telecom Regulatory Authority of India has conducted tests using blockchain technology alongside tech firm IBM, in order to enhance mobil ...

  • giovanni archidiacono
  • 0 mins read

Former Trump lawyer Cohen sentenced to 3 years imprisonment

The former lawyer of President Trump, Michel Cohen has been sentenced to three years in prison for fraudulent conduct during the presidentia ...

  • giovanni archidiacono
  • 0 mins read

EU and Japan have just created the world's largest free trade area

  Japan and the E.U. have formed what would be the world’s largest free trade area. Japan has been part of the 12 nation Trans- ...

  • giovanni archidiacono
  • 1 min read

Gold and commodities in balance, CPI figures and Italian budget meeting in focus

Today’s U.S. CPI numbers data is in focus, the YoY inflation rate should be on-trend at 2.2% which should in theory reverse investors& ...

  • giovanni archidiacono
  • 0 mins read

Trump's comments boost stocks pre-market

U.S. stock futures are high in pre-market trading as Trump confirmed that there is headway being made in trade talks with China and confirme ...

  • giovanni archidiacono
  • 0 mins read

Theresa May faces a tough challenge ahead

British PM Theresa May is facing her biggest challenge yet as her own fellow Conservative Party members seek to remove her from the top spot ...

  • giovanni archidiacono
  • 0 mins read

Duterte thanks congress for extending Mindanao martial law period

The Philippine Congress has voted 235-28 all in favour of extending martial law for an additional 12 months in the Mindanao region as Presid ...

  • giovanni archidiacono
  • 0 mins read

Malaysia set to take the next step s a high-earning nation

According to the World Bank’s vice-president for East Asia and Pacific, Victoria Kwakwa, Malaysia is on course to becoming a high-inco ...

  • giovanni archidiacono
  • 0 mins read

Despite trade tensions Chinese companies continue to file IPO's in the US

Despite the current trade war between the U.S. and China, there are more Chinese IPO’s in the States than the previous year. A total ...

  • giovanni archidiacono
  • 1 min read

US Justice Department to indict Chinese hackers

The U.S. Justice Department is preparing to indict several Chinese hackers who are suspected to work for the Chinese Ministry of State Secur ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 12/12/2018

All times in GMT+7, Jakarta, Bangkok       17:00 EUR Euro-Zone Industrial Production s.a. (MoM) (OCT) Measures the volu ...

  • giovanni archidiacono
  • 3 mins read

Huawei's CFO granted bail by Canadian court

Huawei’s CFO Meng Wanzhou has been granted bail from a Vancouver judge, going against the U.S. wishes as they thought she could be a f ...

  • giovanni archidiacono
  • 0 mins read

Asian markets up led by car manufacturers

Automakers in China, Japan and South Korea all rose due to reports that Chia will ease tariffs on U.S. made cars. The news boosted Asian st ...

  • giovanni archidiacono
  • 0 mins read

Indonesian Market Today 12 Desember 2018

A. Indonesia Morning Market ReviewWednesday (12/12/2018). After the DJIA had risen +397 points at the beginning of the trade but due to the ...

  • Gold
  • 2 mins read

Dow and S&P500 turn negative after Trump threatens shutdown

The S&P500 and the Dow Jones Industrial Average shed their early gains in Tuesday’s session, the DJIA down 0.29% losing 71.95, the ...

  • giovanni archidiacono
  • 0 mins read

Google's CEO in the hot seat before Congress

Google’s CEO Sundar Pichai has begun his testimony before the House Judiciary Committee as lawmakers fire questions on topics such as ...

  • giovanni archidiacono
  • 0 mins read

China looks to lower tariffs on US cars as manufacturers enjoy a premarket boost

Beijing has begun the process of lowering tariffs on U.S.-made cars as part of the ongoing agreement with Washington. Tariffs are being low ...

  • giovanni archidiacono
  • 0 mins read

Pound sterling on the rebound, fresh concerns over Brexit and PM's future

The British pound is making up some of its losses suffered on Monday as it rose 0.5% to 1.2624, this comes after European Commission Preside ...

  • giovanni archidiacono
  • 0 mins read

Russian military convoy lands in Venezuela

Two Russian Tu-160 bombers, a heavy-lift An-124 Ruslan cargo plane and an Il-62 passenger plane landed in Maiquetia airport, on the outskirt ...

  • giovanni archidiacono
  • 1 min read

India's Modi facing defeat according to polls, RBI governor resigns

India’s PM Narendra Modi is staring at a possible defeat in the upcoming elections, according to latest polls the three key states of ...

  • giovanni archidiacono
  • 0 mins read

Indonesia unveils new map, and overlapping revelations

Indonesian government has launched a detailed map of its land which will settle various overlapping disputes in the huge archipelago. The m ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 11/12/2018

All times in GMT+7, Jakarta, Bangkok       13:00 JPY Machine Tool Orders (YoY) (NOV P) Tracks trends in machine tool or ...

  • giovanni archidiacono
  • 2 mins read

UNICEF's Innovation Fund to back Blockchain projects

UNICEF’s Innovation Fund will invest up to $100,000 into six companies developing blockchain projects. Companies receiving the backin ...

  • giovanni archidiacono
  • 1 min read

Fed's expectations are under the spotight as 4th rate cut is due

The Federal Reserve Bank is aiming to slightly push rates up next week as inflation remains on track along with a healthy labor market and w ...

  • giovanni archidiacono
  • 1 min read

Google+ social media service to be shut down

Google has announced it will shut down its Google+ service in April 2019 after discovering a glitch in its software for the second time this ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mixed following Wall Street's wild day, Australian banks recover

Asian stocks have been somewhat mixed in the morning session following wild trading in Wall Street. Chinese markets saw early gains with th ...

  • giovanni archidiacono
  • 0 mins read

Wall Street recovers from torrid start, global markets shaky

Wall Street finished Monday’s session in much better shape as it recovered from early lows, the Dow was as low as 500 points and the S ...

  • giovanni archidiacono
  • 1 min read

Turkey to keep its rates unchanged

Standard Chartered analysts have the opinion that the Central Bank of the Republic of Turkey will not change its rates and will announce the ...

  • giovanni archidiacono
  • 1 min read

U.S. dollar technical analysis

The US Dollar Index (DXY) is trading in bull market territory above its main moving averages.   DXY is breaking out to the upside fro ...

  • giovanni archidiacono
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Indonesia Market Today - 11 December 2018

A. Indonesia Morning Market ReviewTuesday (11/12/2018). Again, Rupiah was depreciated against the USD (14550) and the price of crude oil fel ...

  • Gilang Ramadhan
  • 3 mins read

Oil drops erasing all previous gains since OPEC announcement

Oil has taken a stunning turnaround in fortunes in the matter of hours as prices crashed by more than 3%. Global markets floundering caus ...

  • giovanni archidiacono
  • 0 mins read

Qualcomm is granted injuction against Apple, alleges patent violations

Qualcomm has been granted an injunction on Apple by the Fuzhou Intermediate People's Court in China as chipmaker has waved accusations of pa ...

  • giovanni archidiacono
  • 1 min read

Volatile trading as Dow slips further and banks slip

Early trading in the U.S. has been extremely volatile and the banks have taken a hit. The Dow Jones and the S&P500 both fell, the Dow d ...

  • giovanni archidiacono
  • 0 mins read

GBP drops to its lowest since mid 2017

Sterling has dropped against the greenback in earlier trading due to the delayed reports on the ongoing Brexit talks, falling to 1.2605, its ...

  • giovanni archidiacono
  • 0 mins read

Abu Dhabi National Oil Company and IBM hail new Blockchain system

The Abu Dhabi National Oil Company (ADNOC) has successfully partnered with IBM to test a blockchain supply chain system, ...

  • giovanni archidiacono
  • 1 min read

Elon Musk airs his views on the SEC and his 'replacement'

In an interesting interview on Sunday night with Lesley Stahl, he covered topics such as his slightly erratic behavior and his views on the ...

  • giovanni archidiacono
  • 1 min read

The U.K. can revoke article 50, but not everyone shares the same view

The European Court of Justice has given the United Kingdom the right to unilaterally revoke Article 50 without the permission of other bloc ...

  • giovanni archidiacono
  • 1 min read

Former Malaysian PM Razak arrested

Former Malaysian prime minister Najib Razak has been arrested over accusations of tampering with the 1MDB audit report. Mr. Razak had arriv ...

  • giovanni archidiacono
  • 0 mins read

South Korea's Shinhan Bank looks to expand Blockchain technology services

Shinhan Bank, one of South Korea's largest financial institutions has stated it has begun to use Blockchain technology to a greater extent a ...

  • giovanni archidiacono
  • 0 mins read

Huawei's CFO fights for her freedom as court hearing nears

Meng Whanzou, CFO of Chinese telecom Huawei, is expected to be in court today to make a case for her release. However while Beijing has rub ...

  • giovanni archidiacono
  • 0 mins read

Nissan's CEO in the spotlight for taking part in scandal

Following the recent scandal involving its former chairman Carlos Ghosn, Nissan now finds itself accused of issuing false statements in its ...

  • giovanni archidiacono
  • 0 mins read

SoftBank IPO will be Japan's largest, just shy of Alibaba's record

SoftBank Corp has priced its IPO at 1,500 yen per share making a further 160 million shares available in order to meet the growing demand, h ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 10/12/2018

All times in GMT+7, Jakarta, Bangkok     13:45 CHF Unemployment Rate (NOV) The percent of unemployed persons in the labor for ...

  • giovanni archidiacono
  • 7 mins read

Trump continues his criticism of Macron following riots

French Foreign Minister Jean-Yves Le Drian has to come to the defense of President Macron as Trump continues his criticism of his French cou ...

  • giovanni archidiacono
  • 1 min read

Oil prices keep rallying following OPEC production cuts

Oil prices have extended their gains following last week’s OPEC meeting in Vienna which resulted on a price cut of 1,2 million barrels ...

  • giovanni archidiacono
  • 0 mins read

Japan’s GDP numbers not impressive as economy hits lowest since 2014

Japan’s economy has shrunk to its lowest since 2014, as third quarter capital expenditure fell and elevating concerns of local demand and ...

  • giovanni archidiacono
  • 0 mins read

Indonesia will continue issue green Sukuk 2019

Indonesian government is considering issuing Bond with Syariah basis for green project, or green sukuk, due to positive response from the ma ...

  • Gold
  • 1 min read

U.S. markets not looking good, however Goldman Sachs shares a more positive outlook

The Dow Jones Industrial Average fell on Sunday night by a further 197 points followed by the S&P500 and Nasdaq100 futures both down 100 ...

  • giovanni archidiacono
  • 1 min read

Chinese data numbers are surprisingly bad, lowest since 2016

  China’s surprisingly low exports and imports numbers for November may be signaling a decrease in global demand. Exports in No ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 10 December 2018

A. Indonesia Morning Market Review Monday (10/12/2018).The DJIA's fall last Friday week -558.7 points (-2.24%) making the DJIA down -1.7% s ...

  • Gilang Ramadhan
  • 2 mins read

Asian markets down following weak Chinese data

Stocks in Asia traded lower Monday morning following significantly weaker-than-expected Chinese trade data released over the weekend. Weak ...

  • giovanni archidiacono
  • 0 mins read

Former Trump attorney Cohen facing a substantial jail term

Donald Trump’s former attorney Michael Cohen is starting at the possibility of a lengthy prison term should the Federal prosecutors of ...

  • giovanni archidiacono
  • 0 mins read

Dark week for Wall Street continues, Dow Jones down a further 500 points

This week has surely been one to forget for Wall Street as stocks again plummeted. Weak U.S. job numbers and the never ending trade standof ...

  • giovanni archidiacono
  • 0 mins read

Oil prices rise as OPEC members agree on production cuts

Oil prices have risen by 5% as the OPEC meeting in Vienna ended on a high note. Members of the producing countries and its allies agreed on ...

  • giovanni archidiacono
  • 0 mins read

Japan hints to halting purchasing Huawei products, concerns over cyber security

Japan hinted that it is planning to halt purchasing Huawei’s equipment in an effort to strengthen its security against intelligence le ...

  • giovanni archidiacono
  • 0 mins read

E.U. markets seeking to rally

European markets are attempting a rally following yesterday’s sell off, even with the unconvincing performance of Asian and Wall Stree ...

  • giovanni archidiacono
  • 0 mins read

Asian shares make slight gains, Australian Banks mostly up

Asian markets saw a slight recovery however were still sheepish after the U.S. Federal Reserve hinted that it might delay the increasing of ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 7 December 2018

A. Indonesia Morning Market ReviewFriday (07/12/2018). After DJIA had dropped sharply by around 700 points, finally the DJIA closed down -79 ...

  • Gilang Ramadhan
  • 3 mins read

Death cross on the S&P500, it may not be all doom after all

The dreaded death cross is forming in the S&P 500 as it is on the brink of heading below the 200 day moving average of 2,762.08. It is ...

  • giovanni archidiacono
  • 0 mins read

U.S. deficit up to 10 year record, jobs numbers improving

Trump's claims of being a tariff man may not be so tough after all, data published on Thursday shows that the U.S. trade deficit rose to a 1 ...

  • giovanni archidiacono
  • 0 mins read

Mistery surrounds the overnight futures sell-off, CME taking precautions

Thursday began with a unexplainable plunge in equity futures which prompted the CME group to stop trading several times. As futures markets ...

  • giovanni archidiacono
  • 0 mins read

OPEC meeting awaits Russia decision on production cuts

According to the Saudi energy minister, Khalid al-Falih, members of OPEC are looking to agree on a deal which would cut oil production ...

  • giovanni archidiacono
  • 0 mins read

E.U. stocks down across the board, chip stocks lead the way

Following the arrest of Huawei’s CFO global chip stocks have taken a huge hit. In Europe Austrian chipmaker AMS went down 7% while Sw ...

  • giovanni archidiacono
  • 0 mins read

Marriott hacking scandal, China may have some questions to answer

The hacking scandal of hotel group Marriott International has left clues that seem to be pointing the finger to Beijing. Investigators ha ...

  • giovanni archidiacono
  • 1 min read

Malysia and Singapore in dispute over sea and air space boundaries

The Malaysian government has sent two protest notes to Singapore in regards to the airspace and maritime boundary delimitation issues ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 6/12/2018

All times in GMT+7, Jakarta, Bangkok     14:00 EUR German Factory Orders (MoM) (OCT)   14:00 EUR German Factory Orders ...

  • giovanni archidiacono
  • 6 mins read

Huawei CFO arrested over breaking trade sanction laws

Huawei’s CFO Meng Wanzhou has been arrested in Canada and is facing extradition to the U.S. where she is facing accusations of breakin ...

  • giovanni archidiacono
  • 0 mins read

Asian markets continue to shed as continued U.S. futures sell off dampens mood

Asian markets continued the downward trend today, OPEC’s meeting later today in Vienna the arrest of Huawei’s CEO and the contin ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 6 December 2018

A. Indonesia Morning Market ReviewThursday (06/12/2018). The fall of the Asian Stock Index this Thursday and the weakening of the Rupiah ami ...

  • Gilang Ramadhan
  • 2 mins read

Trading closed for major indexes as U.S. mourns the late George H. W. Bush, futures recover

Jobs data, the Labor Department’s report and Fed Chairman Powell’s testimony have all been postponed and the New York Stock Exch ...

  • giovanni archidiacono
  • 0 mins read

J.P. Morgan feels Brexit may not be the solution after all

J.P. Morgan has changed its perspective in regards to Brexit. However it comes to no surprise as several defeats for PM Theresa May ha ...

  • giovanni archidiacono
  • 0 mins read

E.U. markets are not spared by global effect after a dark day in Wall Street

The global sentiment is certainly dropping if the markets were to be taken as an indicator. Showing just that feeling, along with the winds ...

  • giovanni archidiacono
  • 0 mins read

1MBD scandal continues, fugitive Low Taek Jho is hit with new charges

Malaysian financer Low Taek Jho and four others involved in the alleged 1Malaysia Development Berhad, have been charged with four fresh coun ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 5/12/2018

All times in GMT+7, Jakarta, Bangkok       15:45 EUR Markit/ADACI Italy Services PMI (NOV)   15:45 EUR Markit/AD ...

  • giovanni archidiacono
  • 3 mins read

Oil prices fall, U.S. oil inventories swelling up

Wednesday has seen Oil prices dip 1% as U.S. inventories enlarge and also due to a decrease in global demand. International Brent crude oil ...

  • giovanni archidiacono
  • 0 mins read

FAANG stocks back in correction, losing $140 billion in market value

Following a torrid day on the stock exchanges FAANG stocks are back in correction. As a result the NASDAQ composite dropped by more than 4% ...

  • giovanni archidiacono
  • 0 mins read

Asian indexes retreat, Australia misses out on third quarter growth figures

Drops into U.S. long term Treasury yields and new worries on the trade war between Washington and Beijing have produced a ripple effect thro ...

  • giovanni archidiacono
  • 0 mins read

Indonesian Market Today 5 December 2018

A. Indonesia Morning Market ReviewWednesday (05/12/2018). The drop in 10-year US Treasury yields to the lowest level since mid-September mad ...

  • Gold
  • 2 mins read

Dow drops 600 points, Apple and Caterpillar loose,

Tuesday trading in the U.S. has seen a monumental drop for the major indexes. So far the Dow Nones Industrial Average has fallen to 600 poi ...

  • giovanni archidiacono
  • 0 mins read

Sterling sees a negative reversal due to Ministers adding pressure on PM May

Tuesday saw a positive start for the Sterling however as trading got underway on the other side of the Atlantic, the British pound took a ne ...

  • giovanni archidiacono
  • 0 mins read

Amazon takes to the sky as it looks to take the lead from UPS, FedEx

Morgan Stanley has stated that the delivery service market has missed out on Amazon Air and the risk it poses to the big guns such as UPS an ...

  • giovanni archidiacono
  • 0 mins read

Brussels awaits for Italy’s review of its budget figures

The E.U. is waiting for further details regarding Italy’s draft budget for 2019. As it stands it is in breach of Brussels’ rule ...

  • giovanni archidiacono
  • 0 mins read

Who to watch out for heading into today’s trading in NYC

Apple - Has been downgraded by HSBC to a hold and keeping bearish sentiment however keeping it bullish on U.S. demand.   Boeing - Fac ...

  • giovanni archidiacono
  • 0 mins read

Sterling on the rise as investors look to trade war and Brexit uncertainty

The FTSE 100 fell by 0.4% this morning as it tracks losses in global stocks as investors' sentiment took a more thoughtful and less positive ...

  • giovanni archidiacono
  • 0 mins read

China deepens ties with Panama, U.S. watching closely

As Beijing is expanding its trading ties in South America, yesterday saw the signing of 19 agreements on trade between China and Panama. Xi ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 4/12/2018

All times in GMT+7, Jakarta, Bangkok       15:15 CHF Consumer Price Index (MoM) (NOV)   It is the key gauge for i ...

  • giovanni archidiacono
  • 2 mins read

Fresh doubts over US-China trade agreements

Following Trump and Xi-Jinping’s agreement on trade issues markets were re-vamped, however a fresh wave of uncertainty has put investo ...

  • giovanni archidiacono
  • 1 min read

Indonesia Market Today 04 December 2018

A. Indonesia Morning Market ReviewTuesday (04/12/2018). Instead the DJIA was expected to rise by 400 points on Monday, but it only rose 287. ...

  • Gold
  • 2 mins read

Wall Street set for a strong session

The trade war ceasefire has most certainly engulfed strong headwinds into today’s session in New York. The NASDAQ opened 2.31% higher ...

  • giovanni archidiacono
  • 0 mins read

BoA upgrades Caterpillar to buy following US-China trade war ceasefire

Caterpillar’s shares have been upgraded to buy by Bank of America Merrill Lynch, it has also increased its 12-month forecast from its ...

  • giovanni archidiacono
  • 0 mins read

Qatar will exit OPEC as of January 2019, energy minister confirms

Qatar's energy minister, Saad Al-Kaani has announced that the country will no longer part of the Organization of the Petroleum Exporting Cou ...

  • giovanni archidiacono
  • 0 mins read

Sell AUD/USD

Sell AUD/USD Sell @0.73600TP @ 0.73200SL @ 0.73900 The Reserve Bank of Australia is unlikely to hike interest rates anytime soon; US-China ...

  • Gold
  • 0 mins read

Sirin Labs launches first Blockchain smartphone

Following one of the biggest ICOs of 2017, the world's first blockchain smartphone has been launched. Israeli company Sirin Labs, backed by ...

  • giovanni archidiacono
  • 1 min read

Oil prices on the rise, Putin and Saudis agree on production cuts

Oil prices have surged upon the positive outcome of Trump and Xi's meeting at the latest G20 summit. U.S. West Texas Intermediate (WTI) cru ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 3/12/2018

All times in GMT+7, Jakarta, Bangkok     12:00 JPY Vehicle Sales (YoY) (NOV)   12:30 AUD RBA Commodity Index SDR (YoY) ...

  • giovanni archidiacono
  • 3 mins read

Trump positive on China trade agreement, Quantuum-NXP deal and possible visit of Kim-Jong to U.S.

  Aboard Air Force One on his return from the G20 summit in Buenos Aires, Donald Trump had a good feeling about his agreement on trade ...

  • giovanni archidiacono
  • 0 mins read

Asian markets boosted by trade war ceasefire

  The news of trade war ceasefire between Washington and Beijing at the Buenos Aires G20 summit has buoyed Asian markets today. Japan ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 3 December 2018

A. Indonesia Morning Market ReviewMonday (03/12/2018). The plan to slow down the FFR increase and the appreciation of the Rupiah became a ca ...

  • Gilang Ramadhan
  • 2 mins read

Iran may be given a helping hand by a trade deal with South Korea

It seems that Tehran may have found a way around the sanctions imposed by Washington by potentially striking a deal with South Korea. A goo ...

  • giovanni archidiacono
  • 0 mins read

US- China agree on trade war ceasefire

Donald Trump and Xi-Jinping seem to have to reached an agreement to placate the fires of the ongoing trade war. The White House reported th ...

  • giovanni archidiacono
  • 0 mins read

George H.W. Bush, 41st U.S. president passes away at 94

George H.W. Bush has passed away at the age of 94 after a long battle with Parkinson’s. The 41st President of the U.S. serving from 1 ...

  • giovanni archidiacono
  • 0 mins read

UBS first to have majority in China joint venture

Swiss bank, UBS Group is the first foreign bank to hold a majority stake in a securities joint venture in China. Under the new rules announ ...

  • giovanni archidiacono
  • 0 mins read

The ECB launches a new instant payment system

A paying platform system developed by the Bank of Italy (Banca D’Italia) has been launched with the approval of the European Central B ...

  • giovanni archidiacono
  • 0 mins read

Goldman Sachs begins relocation procedures for its London offices

Goldman Sachs is planning to reposition some 700 employees from its London offices to the E.U. as uncertainty surrounds the current Brexit d ...

  • giovanni archidiacono
  • 0 mins read

A taste of Argentina for the G20 leaders

As the leaders of the G20 arrived in Buenos Aires most of the talk is around US-China trade war, the Kashoggi killing and the latest actions ...

  • Gold
  • 0 mins read

AUD-JPY awaits G20 outcome as it holds on to month’s high

AUD-JPY trading is thin as it is hovering around the major technical of 83.000 and other currencies have been holding as they await the upco ...

  • giovanni archidiacono
  • 0 mins read

Japan factory growth beats estimates while China’s numbers do not

Japanese manufacturing output grew by 2.9% beating the 1.2% market estimation and showing an increased pace since 2015. Brushing off natura ...

  • giovanni archidiacono
  • 0 mins read

USD-CHF risk reversal

The USD/CHF one-month 25 delta risk reversals (CHF1MRR) are trading at -0.673 in favor of put options, levels which were recorded last on Se ...

  • giovanni archidiacono
  • 0 mins read

Bank of Korea raises rates, to not much surprise

In a rather expected move the Bank of Korea has, for the first time this year, raised interest rates. No surprise should come as it is tryi ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today 30 November 2018

A. Indonesia Morning Market ReviewFriday (11/30/2018). After the JCI enjoyed a sharp rise in Thursday's trade in the hope that the Fed would ...

  • Gold
  • 2 mins read

Deutsche Bank offices raided, links to Panama Papers

Deutsche Bank’s offices in Frankfurt have been raided by police officers, prosecutors and tax inspectors as a probe linked to a report ...

  • giovanni archidiacono
  • 0 mins read

Biggest pre-market movers of today

  Apple – After retaining the crown of Wall Street’s most valuable, it announced that the iPhone XR is its bestselling dev ...

  • giovanni archidiacono
  • 0 mins read

Amazon comes under scrutiny from German regulators

Amazon has come under investigation in regards to its relations with third party retailers in order to exploit markets. Germany's antitrust ...

  • giovanni archidiacono
  • 0 mins read

Russia plans to bolster its military presence in Crimea

According to Interfax news agency Russia has reportedly taken in consideration building a missile-warning radar station in the disputed regi ...

  • giovanni archidiacono
  • 0 mins read

Revolut begins its expansion to the Asia-Pacific region

London-based Revolut, the British mobile bank, has been given the green light to expand its services to Japan and Singapore. The British fi ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 29/11/2018

All times in GMT+7, Jakarta, Bangkok     13:45 CHF Gross Domestic Product (QoQ) (3Q) Switzerland 's Gross Domestic Product is ...

  • giovanni archidiacono
  • 6 mins read

Oil rises, awaits upcoming OPEC outcome

Oil rose to 1% making up for some losses, however the upcoming OPEC meeting next week in Vienna which will see all of its members, and non-m ...

  • giovanni archidiacono
  • 0 mins read

Asian stocks boosted by Fed’s relaxed tone

The Fed’s relaxed tone boosted Asian stocks, following a powerful rally in the U.S. MSCI’s broadest index of Asia-Pacific share ...

  • giovanni archidiacono
  • 0 mins read

Bitcoin finally rallies, best day so far in four months

Bitcoin finally managed to breakthrough the support levels, up 15% to $4,370.30. The best it has seen for the last four months and dragging ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today - 29 November 2018

A. Indonesia Morning Market ReviewThursday (11/29/2018). The combination of Federal Reserve Governor Jerome Powell's statement said the curr ...

  • Gilang Ramadhan
  • 3 mins read

Danske Bank charged with money laundering

Danske Bank has been charged for allegedly violating Denmark’s anti-money laundering act after reviewing its Estonian hub. Denmark&rs ...

  • giovanni archidiacono
  • 0 mins read

The Federal Reseve Bank issues strong words of caution

The Federal Reserve recently issued a cautionary note in regards to the risks of financial stability,  the report says trade tensions, ...

  • giovanni archidiacono
  • 1 min read

WTO releases study which shows how Blockchain can add $3 trillion to global trade

The World Trade Organization today released a report on blockchain’s technology and how it’s economic value could add to interna ...

  • giovanni archidiacono
  • 0 mins read

ECB corporate lending data not impressive

European Central Bank data released earlier today indicates to a slow growth in corporate lending. This may just be the dawn of a depreciat ...

  • giovanni archidiacono
  • 0 mins read

Bank of England and British Government warn of harsh possibilities of a no-deal Brexit

The British government along with the Bank of England will increase their warnings this Wednesday as a huge blow to the U.K.economy is expec ...

  • giovanni archidiacono
  • 1 min read

DBS group expands its operations in the Middle East

DBS announced plans to further expand its operations in the Middle East due to the increasing investment opportunities within Asia. Dubai w ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases 28/11/2018

  All times in GMT+7, Jakarta, Bangkok     14:00 GBP BOE Financial Stability Report and stress test results   16: ...

  • giovanni archidiacono
  • 4 mins read

BMW considers second U.S. manufacturing plant

BMW is considering a second U.S. manufacturing plant that could produce engines and transmissions, Chief Executive Harald Krueger announced ...

  • giovanni archidiacono
  • 0 mins read

A changing market environment, Interest Rates and a Gold bull...?

The market environment is changing its landscape, as of late most assets are currently on a downward spiral, mainly commodities such as Oil ...

  • giovanni archidiacono
  • 2 mins read

Asian shares still shaky as Trump-Xi summit in G20 nears

Asian shares once again failed to make any significant ground on Wednesday as the greenback rose to an almost 1-1/2-year top as risk assets ...

  • giovanni archidiacono
  • 1 min read

Indonesia Market Today - 28 November 2018

A. Indonesia Morning Market ReviewWednesday (11/28/2018). Commodity metals markets were hit by a sell-off after the dollar index strengthene ...

  • Gilang Ramadhan
  • 2 mins read

Gold keeps falling short as The Greenback gains strength

Gold found itself on a downward trajectory for a third straight session Tuesday, with a key dollar benchmark flexing its muscles on the back ...

  • giovanni archidiacono
  • 1 min read

Fed’s Vice Clarida confident interest-rate hikes is the way forward

Federal Reserve Vice Chairman Richard Clarida today backed continued gradual interest rate hikes however stressed monetary policy is not on ...

  • giovanni archidiacono
  • 1 min read

U.S. warns Russia over latest events in Ukraine

The United States warned Russia on Monday over it's "outlaw actions" namely the seizure of Ukrainian ships in the Sea of Azov which are not ...

  • giovanni archidiacono
  • 1 min read

U.K.'s FCA receives increased crypto tokens related complaints

The U.K.’s Financial Conduct Authority (FCA) has been receiving increasing crypto-related complaints during the 2018 bear market. Som ...

  • giovanni archidiacono
  • 2 mins read

Today's announcements and data releases, 27/11/2018

All times in GMT+7, Jakrta, Bangkok     18:00 GBP CBI Reported Sales (NOV)   18:00 GBP CBI Total Dist. Reported Sales ...

  • giovanni archidiacono
  • 0 mins read

Abu Dhabi Bank reports 'first' Blockchain based transaction of 'Sharia-compliant bonds'

Abu Dhabi's Al Hilal Bank has announced it has completed “the world’s first sukuk transaction” using blockchain ...

  • giovanni archidiacono
  • 1 min read

Goldman Sachs disagrees with Trump's mood over oil prices

According to Goldman Sachs head of commodities, Jeff Currie, the decline in oil prices resulting in $50 per barrel is bad for the U.S. Curr ...

  • giovanni archidiacono
  • 2 mins read

Indonesian Market Today 27 November 2018

A. Indonesia Morning Market ReviewTuesday (11/27/2018). The combination of sharp rise in DJIA + 1.46%, Oil + 2.32%, Tin + 1.58%, Gold + 0.43 ...

  • Gold
  • 2 mins read

Microsoft may just be overtaking Apple as Wall Street's most valuable company

Not so long ago Apple Inc (AAPL.O) had broke through the $1 trillion mark, however the iPhone manufacturer has now lost the top placing as W ...

  • giovanni archidiacono
  • 1 min read

Asian markets fail to rally after Trump's harsh words

Asian shares struggled to follow the global rally on Tuesday after Donald Trump's comments which made a ceasefire of the trade war betwee th ...

  • giovanni archidiacono
  • 1 min read

Randy Quarles appointed as Chair of the FSB

  Bank of England Governor Mark Carney will make way to Federal Reserve Governor Randal Quarles as the Chair of the Financial Stabilit ...

  • giovanni archidiacono
  • 1 min read

Dow leaps 350 points thanks to strong retail numbers and tech shares rebounding

  The Dow Jones Industrial Average rose 344 points, while the S&P 500 gained 1.2 percent. The Nasdaq Composite outperformed, risin ...

  • giovanni archidiacono
  • 0 mins read

Why Warren Buffett is big on big Banks..?

Berkshire Hathaway CEO Warren Buffett is famous for having a good eye for value. These days, he has been looking hard at big U.S. banks. Be ...

  • giovanni archidiacono
  • 1 min read

GM to make major announcement about global operations

General Motors Co (GM.N) is set to make a major announcement on Monday that will affect its global operations, including auto production at ...

  • giovanni archidiacono
  • 1 min read

Venezuela settles US$1.2 billion creditor claim to protect Citgo

Cash-strapped Venezuela settled a US$1.2 billion arbitration claim that will prevent a creditor from stripping away its crown jewel foreign ...

  • giovanni archidiacono
  • 2 mins read

Russia fires at Ukrainian ships and captures three vessels off Crimea

Russia has opened fire on Ukrainian ships and captured three vessels in a major escalation of tensions off the coast of Crimea. Three sai ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 26/11/2018

All times in GMT + 7 , Jakarta,Bangkok   10:00 AUD RBA's Kent gives speech in Sydney   12:00 JPY Leading Index CI (SEP F) & ...

  • giovanni archidiacono
  • 1 min read

All eyes on China and the US ....

Against the backdrop of worsening concerns about the global economy and the future of international trade, world leaders are set to ...

  • giovanni archidiacono
  • 3 mins read

Ohio seems to be the first U.S. state to accept Bitcoin for taxes

The U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) as tax payment, the Wall Street Journal (WSJ) reports tod ...

  • giovanni archidiacono
  • 1 min read

Asian shares defensive amid plunging oil prices

Asian shares were on a slippery slope this morning as plunging oil prices fanned worries about a dimming outlook for the global economy as i ...

  • giovanni archidiacono
  • 1 min read

Logitech ends negotiations to acquire Plantronics

Logitech International SA, a Swiss manufacturer of keyboards and webcams, has ended discussions to acquire Plantronics Inc, a U.S. maker of ...

  • giovanni archidiacono
  • 1 min read

Elon Musk: Tesla had 'single-digit weeks' as it teetered on brink of collapse

Tesla almost died earlier this year, CEO Elon Musk said Sunday night in an interview with Axios that aired on HBO. Musk said the company wa ...

  • giovanni archidiacono
  • 0 mins read

Indonesian Market Today 26 November 2018

A. Indonesia Morning Market ReviewMonday (11/26/2018). Rupiah appreciation factors, falling commodity prices and foreign buying worth IDR 1. ...

  • Gold
  • 2 mins read

US vs China Trade war

According to reporting by Reuters, chances are beginning to run out for the US and China to start taking each other seriously and look for w ...

  • Gold
  • 0 mins read

Hard Brexit Deal

As reported by Reuters, this weekend's successful EU Brexit summit sees the next chapter begin: PM May's toughest challenge yet in the Euros ...

  • giovanni archidiacono
  • 1 min read

EUR/USD bears still in control

EUR/USD under pressure in a risk-off environment while EZ & DE Nov PMIs see downside surprises, adding additional weight.  ...

  • Gold
  • 1 min read

Bitcoin Falls Further Below $4,000; Crypto Continues Plunge

  The great crypto crash of 2018 plunged deeper over the weekend. Bitcoin slid another 4.5 percent to $3,635 at midnight Sund ...

  • Gold
  • 1 min read

Bitcoin plunges around 30% in 10 days, and ‘there is no one left to buy’

In the space of just 10 days, bitcoin, BTCUSD, -1.02% the world’s largest digital currency, fell through $6,000, then waved goodbye to ...

  • giovanni archidiacono
  • 0 mins read

Black Friday 2018: Online, China Holds the Shopping Crown

The Friday after Thanksgiving is still the official start of the holiday shopping season, but things are changing. For one thing, even Thank ...

  • giovanni archidiacono
  • 3 mins read

Swiss railway tests Blockchain identities for workplace safety boost

Swiss Federal Railways (SBB) has completed a proof-of-concept (PoC) of a blockchain-based credentials management system for workers employed ...

  • giovanni archidiacono
  • 3 mins read

First live-action Lion King trailer replicates the original opening

The Circle of Life moves us all.. The first trailer for Disney’s live-action remake of The Lion King is here, and looks absolutely st ...

  • giovanni archidiacono
  • 1 min read

Chris Hemsworth 'was snubbed TWICE by Leonardo DiCaprio in Japan'

Chris' personal trainer and friend Luke Zocchi told Nova 96.9's Fitzy & Wippa on Thursday that the actor was awkwardly&nb ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 23/11/2018

All times in GMT+7, Jakarta, Bangkok     14:00  EUR German Gross Domestic Product s.a. (QoQ) (3Q F)   14:00 EUR G ...

  • giovanni archidiacono
  • 6 mins read

Khashoggi killing: CIA did not blame Saudi crown prince, says Trump

US President Donald Trump has said that the CIA did not blame Saudi Crown Prince Mohammed bin Salman for ordering the murder of journalist J ...

  • giovanni archidiacono
  • 2 mins read

PM May defends draft Brexit deal agreed by EU

Prime Minister Theresa May on Thursday fended off heavy opposition in parliament after Britain and the EU agreed on the outlines of post-Bre ...

  • giovanni archidiacono
  • 4 mins read

Asian markets mixed

Asian shares slipped on Friday as trade tensions continued to hurt sentiment, while weak corporate earnings in Europe added to worries about ...

  • giovanni archidiacono
  • 1 min read

Indonesia Market Today 23 November 2018

A. Indonesia Morning Market ReviewFriday (11/23/2018). Wall Street holiday celebrates Thanks Giving amid the fall of Oil -1.43%, Nickel -0.5 ...

  • Gold
  • 2 mins read

US Dollar Index (DXY)

DXY is trading in a bull trend above the 50, 100 and 200-day (EMA). DXY retreated slightly yesterday but still holding above the 96.00 whic ...

  • Gold
  • 0 mins read

Oil under pressure

Oil prices remain under bearish pressure as OPEC threats to production keep prices buoyed, but fail to spark a lift. US oversuppl ...

  • giovanni archidiacono
  • 0 mins read

Michelle Obama's Book Sells 1.4 Million Copies in a Week

Michelle Obama's "Becoming" has become a massive hit. Crown Publishing told The Associated Press on Wednesday that the former first l ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 22/11/2018

06:00 JPY Machine Tool Orders (YoY) Tracks trends in machine tool orders placed by major manufacturers in Japan . Machine Tool Orders is c ...

  • giovanni archidiacono
  • 1 min read

Riot SEC investigation still ongoing

Riot Blockchain, the cryptocurrency company whose stock skyrocketed after changing its name, revealed that the Securities and Exchange Com ...

  • giovanni archidiacono
  • 2 mins read

BBVA and Santander join EU joint Blockchain platfrom set to be launched in 2019

Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish ...

  • giovanni archidiacono
  • 1 min read

A $9 trillion corporate debt bomb is 'bubbling' in the US economy

At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowi ...

  • giovanni archidiacono
  • 7 mins read

Asian market give up on early gains

After broad early gains, Asian stock markets started struggling for direction with thin action ahead of the Thanksgiving holiday in the U.S. ...

  • giovanni archidiacono
  • 1 min read

EUR/JPY

The EUR/JPY is currently trading at 128.80 and is expected to rise to levels above 129.00 as the On the 4-hour chart, the JPY cross is trap ...

  • Gold
  • 0 mins read

UK Prime Minister - last minute plans

UK Prime Minister Theresa May is making plans for a last-minute Brexit meeting this weekend. Last week, May got an agreement with the ...

  • Gold
  • 1 min read

Indonesia Market Today 22 November 2018

A. Indonesia Morning Market ReviewThursday (22/11/2018). DJIA unable to rise after fall sharply for 2 days (-948 points) and fall of nickel ...

  • Gold
  • 2 mins read

APEC reveals irreconcilable visions of the future between US, China

United States Vice President Mike Pence’s remarks at the end of this year’s summit season just about blasted the word “coo ...

  • giovanni archidiacono
  • 1 min read

Blockchain Network Takes on Ethereum ERC20 and Claims it is Faster and Cheaper

A new blockchain platform believes it is a “more attractive and accessible destination” for hosting tokens than the likes of Eth ...

  • giovanni archidiacono
  • 3 mins read

Market see selloff following tumble on Wall Street

Asian markets saw a sell-off on early Wednesday following a plunge on Wall Street overnight. In Japan, the Nikkei 225 fell 1.43 percent in ...

  • giovanni archidiacono
  • 0 mins read

Apple's stock tumble seems to make the verdict unanimous.... the FAANG bull market has ended

For the first time, all five FAANG stocks are in bear markets. Apple Inc.’s stock AAPL, -4.78% made it unanimous Tuesday, as it tumbl ...

  • giovanni archidiacono
  • 1 min read

Oil prices rise after 6-percent plunge, but market on edge

Oil prices on Wednesday clawed back some of the previous day’s more than 6 percent fall, supported by a report of an unexpected drop i ...

  • giovanni archidiacono
  • 1 min read

Worst Day of an Awful Year Leaves No Corner of Market Unscathed

It was carnage across markets Tuesday as stocks, oil and cryptocurrencies all tumbled, leaving investors with few places to hide.  ...

  • Gold
  • 5 mins read

Indonesia Market Today 21 November 2018

A. Indonesia Morning Market Review Wednesday (21/11/2018). The combination of sharp falls for 2 days over DJIA -3.73%, EIDO -4.3%, Oil -6.0 ...

  • Gold
  • 2 mins read

Nissan chairman Carlos Ghosn arrested over 'misconduct'

Nissan chairman Carlos Ghosn has been arrested over claims of financial misconduct, the carmaker has said. Mr Ghosn, a towering figure in t ...

  • giovanni archidiacono
  • 1 min read

China's IT Ministry calls for 'Acceleration' of Blockchain standarization

A document published Nov. 12 on the official website of the Cyberspace Administration of China (CAC) calls on the country to “accelera ...

  • giovanni archidiacono
  • 1 min read

South East Asia's internet economy is now worth US$72 billion.....and according to Google it will hit US$240 billion by 2025

Southeast Asia has the fastest growing Internet economy in the world – second only to China and America, and vast enough to challenge ...

  • giovanni archidiacono
  • 3 mins read

Home builder confidence at its lowest since 2014

The National Association of Home Builders’ (NAHB) monthly confidence index plunged eight points to 60 in November.   WHAT HAPPE ...

  • giovanni archidiacono
  • 1 min read

Why You Should Go Long

• Reports of a resumption in trade talks between the United States and China were perceived as positive for the Australian Dollar, whic ...

  • Gold
  • 1 min read

China Stimulus

Chinese policymakers have changed direction in recent months, putting less emphasis on deleveraging the economy and more on providing suppor ...

  • Gold
  • 0 mins read

US-Cina trade tension might cap all gains

The EUR/USD's daily chart is showing a falling wedge breakout. The bearish-to-bullish trend change may fail if the US-China trade tensions ...

  • Gold
  • 1 min read

Sell EUR/AUD

Sell EUR/AUD Sell @ 1.56230TP @ 1.55600SL @ 1.56450 The so called EU "renaissance" in growth has faded as geo-politics and general malaise ...

  • Gold
  • 0 mins read

Hong Kong's 'Occupy' leaders plead not guilty to public nuisance charges

Three leaders of Hong Kong’s 2014 civil disobedience “Occupy” movement pleaded not guilty to public nuisance charges at a ...

  • giovanni archidiacono
  • 3 mins read

Donald Trump says he will not listen to 'vicious' Jamal Kashogi killing tape

Donald Trump has said he has been fully briefed on a "vicious and terrible" audio recording of the killing of journalist Jamal Khashoggi, bu ...

  • giovanni archidiacono
  • 3 mins read

The Walking Dead finally reveals what happened to Lauren Cohan's Maggie

The Walking Dead said goodbye to Lauren Cohan without much fanfare in episode five of season nine, and in episode seven, the AMC show finall ...

  • giovanni archidiacono
  • 2 mins read

Stocks just saw the best earnings season since the financial crisis ..... and nobody cares?

Earnings for S&P 500 companies grew by 25.8% in the third quarter, the strongest performance since the third quarter of 2010, when compa ...

  • Gold
  • 4 mins read

Today's announcements and data releases 19/112018

    Source: DailyFX ...

  • giovanni archidiacono
  • 0 mins read

China corporate bonds: Experts warn of more defaults

Defaults in Chinese offshore corporate dollar bonds are set to increase, experts say. While there’s little indication that increase ...

  • giovanni archidiacono
  • 4 mins read

Chinese officials try to 'barge' into minister's office as APEC summit tensions boil over

PORT MORESBY: The police were called when Chinese officials attempted to "barge" into the office of Papua New Guinea's foreign minister ...

  • giovanni archidiacono
  • 1 min read

Dollar pressured as Fed officials caution about global growth, Yen firms

The dollar was modestly lower against its key rivals on Monday after Federal Reserve officials expressed caution over the global growth outl ...

  • giovanni archidiacono
  • 2 mins read

Indonesia Market Today 19 November 2018

A. Indonesia Morning Market ReviewMonday (19/11/2018), The impact of the heavy Foreign net Buy a week ago, IDR 3.38 trillion, and the streng ...

  • Gold
  • 3 mins read

Barclays revises down Q4 Brent price forecast to $75/ barrel

In its commodities report, the Barclays Research Team offer their take on oil, with some revisions to their previous forecasts. & ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 16/11/2018

          Source: DailyFX ...

  • Gold
  • 0 mins read

Bitfinex's parent company has a new offshore service provider

iFinex, the parent company of controversial cryptocurrency exchange Bitfinex, appears to have hired a new offshore corporate services provid ...

  • giovanni archidiacono
  • 3 mins read

Philippines government looks to float sukuk bonds under Islamic finance framework

THE PHILIPPINES GOVERNMENT is looking at floating Shari’ah-compliant securities next year, but will still wait for the establishment o ...

  • giovanni archidiacono
  • 2 mins read

Brexit: Theresa May braced for more cabinet resignations after day of chaos leaves deal facing Commons defeat

Michael Gove considers whether to quit, after apparently refusing to take the job of Brexit secretary when prime minister rejects his demand ...

  • giovanni archidiacono
  • 3 mins read

Singapore exports rise 8.3% in October for seventh straight month of growth

SINGAPORE: Singapore’s non-oil domestic exports (NODX) grew for the seventh straight month in October, driven by a continued surge in ...

  • giovanni archidiacono
  • 0 mins read

Asia mood soured by NVIDIA slide,Sterling scarred by Brexit chaos

SYDNEY (Reuters) - Asian shares shed early gains on Friday after disappointing results from U.S. chipmaker Nvidia Corp hammered its stock an ...

  • giovanni archidiacono
  • 2 mins read

Lion Air crash victim's father files U.S. lawsuit against Boeing

CHICAGO: An Indonesia man, whose son was killed when a Lion Air flight crashed last month, has sued Boeing Co alleging that a defect in ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today 16 November 2018

A. Indonesia Morning Market ReviewFriday (16/11/2018). Too many positive sentiments such as the rise of the DJIA + 0.83%, EIDO + 4.07%, Oil ...

  • Gold
  • 2 mins read

Global financing facing 'anameic' revenues a decade on from financial crisis

A new study has found that banking revenues across the world have collapsed since the global financial crisis, as industry growth is running ...

  • giovanni archidiacono
  • 3 mins read

Today's announcements and data releases, 15/11/2018

00:00 2018-11-15T00:00:00   00:00 AUD Consumer Inflation Expectation (NOV) MediumM 00:30 2018-11-15T00:30:00 ...

  • giovanni archidiacono
  • 6 mins read

Bitcoin futures tumble 13%, trigger trading limit

Bitcoin futures on the CME Group exchange reached the 13% limit down level on Wednesday after the price of the world's largest digital curre ...

  • giovanni archidiacono
  • 0 mins read

India's economy is booming, now here comes the hard part.

India's economy is growing at an impressive pace, but its new wealth has not been evenly distributed. That's a focus for Prime Minister N ...

  • giovanni archidiacono
  • 10 mins read

Asia stocks lifted by China - U.S. trade hopes, oil resumes retreat

TOKYO (Reuters) - Asian stocks rose on Thursday, taking heart from a bounce in Chinese shares on news that China has delivered a written res ...

  • giovanni archidiacono
  • 2 mins read

Fed chief sees potential headwinds to growth as US central bank weighs rate policy.

NEW YORK - Federal Reserve chairman Jerome Powell said the US economy is strong but could face headwinds next year as policy makers weigh ho ...

  • giovanni archidiacono
  • 2 mins read

Indonesia Market Today 15 November 2018

A. Indonesia Morning Market Review Thursday (15/11/2018). The continuing factor of DJIA's downfall of -0.81%, Coal -2.04% and the continuin ...

  • Gold
  • 2 mins read

Game of Thrones Season 8 to Premiere in April

HBO has announced the final season of “Game of Thrones” will launch this April. The news was revealed in a promotional v ...

  • Gold
  • 1 min read

Gold prices may fall on US CPI Uptick, hawkish Powell comments

Gold prices struggled for meaningful upside progress despite a weaker US Dollar, which typically boosts anti-fiat demand for the yellow meta ...

  • giovanni archidiacono
  • 1 min read

"Pink Legacy" diamond sells for $50 million in new world record

GENEVA — Christie's sold the "Pink Legacy" diamond at auction Tuesday for more than $50 million including fees, saying it's a new worl ...

  • giovanni archidiacono
  • 1 min read

Algeria makes important step on Islamic finance roadmap

  Recent news that Bahrain-based Al Baraka Banking Group, which has banking branches across North Africa, received the prestigio ...

  • giovanni archidiacono
  • 3 mins read

U.S. FAA launches high-priority probe of Boeing's safety analyses

The U.S. aviation regulator has launched a high-priority probe of the safety analyses performed over the years by Boeing Co (BA.N), fo ...

  • giovanni archidiacono
  • 1 min read

Trump's tariff battle with China is spurring record Dollar- Yuan trading

Market uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan cur ...

  • giovanni archidiacono
  • 5 mins read

IMF says governments could set up their own cryptocurrencies

Christine Lagarde praises rebel technology as ‘safe, cheap, and potentially semi-anonymous’   Governments should consider ...

  • giovanni archidiacono
  • 3 mins read

Japan economy shrinks 0.3% in July- September

TOKYO: Japan's economy shrank in the three months to September; official data showed Wednesday (Nov 14), after a string of natural disa ...

  • giovanni archidiacono
  • 0 mins read

China calls on ASEAN to work together on trade.

SINGAPORE: Chinese Premier Li Keqiang has called on ASEAN to work together with China on free trade and maintaining peace in the South China ...

  • giovanni archidiacono
  • 4 mins read

Indonesia Market Today 14 November 2018

A. Indonesia Morning Market ReviewWednesday (11/14/2018). The combination of the continued decline in the DJIA -0.4% and the sharp drop in O ...

  • Gold
  • 2 mins read

Swiss Crypto Company Obtains Islamic Finance Certification, Eyes Middle East Expansion

A Swiss based fintech firm has obtained certification from Islamic scholars for its own digital currency which it plans to launch in the Mid ...

  • Admin Smart Trend
  • 2 mins read

Singapore successfully trials crypto asset settlements platform

Singapore is moving forward in the development of infrastructure facilitating the trade of tokenised assets through blockchain platforms. T ...

  • Admin Smart Trend
  • 1 min read

U.S., China resume high-level trade talks ahead of Trump-Xi meeting

Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He, about a deal that would ease tr ...

  • Admin Smart Trend
  • 1 min read

Indonesia Market Today 13 November 2018

A. Indonesia Morning Market ReviewTuesday (11/13/2018). Although the JCI for 2 days (Friday & Monday) has dropped by -200 points, we est ...

  • Gold
  • 2 mins read

Asian markets largely rally, making up from early losses

After a soft opening, Asian equities broadly turned higher Monday as the market looked to rebound from Friday’s weakness, although inv ...

  • Gold
  • 1 min read

Alibaba nets record $30 billion in Singles' Day haul, but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour ...

  • Gold
  • 1 min read

Indonesia Market Today 12 November 2018

Monday (12/11/2018) A. Indonesia Morning Market ReviewMonday (11/11/2018). After a week ago the JCI fell -0.54% affected by the increase in ...

  • Gold
  • 2 mins read

New Goldman Sachs boss faces 1MDB fallout

The new chief executive of Goldman Sachs, part-time DJ David Solomon, was probably hoping to give his image a more professional sheen w ...

  • Gold
  • 4 mins read

Oil just did something it hasn’t done in more than 30 years (hint: it isn’t good)

A jolt lower for oil since peaking in October has helped crude futures to carve out a bearish record. That is even after U.S. benchmark oil& ...

  • Gold
  • 1 min read

Indonesian Market Today 09 November 2018

A. Indonesian Morning Market ReviewFriday (09/11/2018). After the JCI rose around 8 consecutive days to around 3.86%, this Friday we predict ...

  • Gold
  • 2 mins read

Blockchain and crypto news, from Asia and beyond

Korean lawyers call for crypto-currency and investor protection laws: South Korea’s Bar Association has lobbied its government to ...

  • Gold
  • 1 min read

FED keeps rates unchanged, December hike in sight.

The Federal Reserve opted not to change interest rates Thursday but hinted that rates are likely to rise in December.The U.S. interest rate ...

  • Gold
  • 2 mins read

Indonesia Market Today 08 November 2018

A. Indonesia Morning Market ReviewThursday (08/11/2018). Sharp increase of DJIA + 2.13%, EIDO + 2.93%, Coal + 1.95%, appreciation of the Rup ...

  • Gold
  • 1 min read

Indonesia Market Today 07 November 2018

A. Indonesia Morning Market ReviewWednesday (07/11/2018). Factors in strengthening the Rupiah against the USD after November 1, 2018 Bank In ...

  • Gold
  • 3 mins read

Former JP Morgan trader pleads guilty to manipulating U.S. metals markets for years

An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S. markets of an array of precious metals for about seven years -- an ...

  • Gold
  • 1 min read

S&P500 futures rise as U.S. election results trickle in

U.S. stock futures rose in volatile trading on Tuesday after a closely followed forecasting website said chances had fallen that the Democra ...

  • Gold
  • 0 mins read

Indonesia Market Today 06 November 2018

A. Indonesia Morning Market ReviewTuesday (06/11/2018). The combination of strengthening DJIA + 0.76% and EIDO + 1.31% amid falling Nickel p ...

  • Gold
  • 2 mins read

Shanghai plant to boost Tesla 3

Tesla (NASDAQ:TSLA) is planning to produce 3,000 Model 3 sedans per week at its Shanghai plant, meaning nearly one-third of the vehicles cou ...

  • Gold
  • 0 mins read

Amazon HQ2

Amazon (NASDAQ:AMZN) is in late-stage negotiations with Dallas, New York, the Crystal City area of northern Virginia and a few other candida ...

  • Gold
  • 0 mins read

Sell EUR/USD

It is not expected that the European Central Bank (ECB) to surprise markets with any indication of ahawkish disposition in the near term giv ...

  • Gold
  • 1 min read

Sterling firmer, dollar softer on reports of Brexit customs deal

The dollar lost ground against most of its major peers on Monday, as growing expectations of an orderly Brexit bolstered the pound, euro and ...

  • Gold
  • 2 mins read

Indonesia Market Today 05 November 2018

A. Indonesia Morning Market ReviewMonday (05/11/2018). After the JCI rose sharply + 2.1% over the past week accompanied by Foreign Net Buy o ...

  • Gold
  • 2 mins read

Indonesian Market Today 2 November 2018

[8:57 AM, 11/2/2018] Gilang Mnc: A. Indonesia Morning Market ReviewFriday (02/11/2018). This Friday JCI is predicts to continue rising along ...

  • Gold
  • 3 mins read

Centrals banks are buying gold

Central banks bought ~$5.8B worth of gold during Q3 in their biggest buying spree since 2015, the World Gold Council reports. Led by R ...

  • Gold
  • 0 mins read

Indonesia market today 1 November 2018

Thursday (01/11/2018). In the October, the JCI fell -0.62% along with Foreign Net Sells of Rp. 3.45 trillion, if referring to the JCI Heat M ...

  • Admin
  • 2 mins read

GOLD: Up or Down?

Broad market weakness has investors taking a look at gold, but make sure you do your homework before buying.ETFs play an outsized role in bo ...

  • Gold
  • 0 mins read

EMPLOYMENT COST INDEX RISES 0.8% IN Q3 TO BEAT MARKET ESTIMATE OF 0.7%

Compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the 3-month period ending in September 2018," t ...

  • Gold
  • 0 mins read

Indonesia Market Today 31 October 2018

A. Indonesia Morning Market ReviewWednesday (31/10/2018). The sharp strengthening of the DJIA by + 1.77% accompanied by EIDO + 3.39% amid a ...

  • Gold
  • 2 mins read

Damaged Australian Dollar May Sink to 9-Year Low

 Australia’s dollar may drop to a nine-year low of 67 U.S. cents as the central bank is set to become even more dovish and le ...

  • Gold
  • 1 min read

BlackRock says tariffs helped spark China’s slowdown, urges long-term investing

BlackRock’s Jeff Shen said the escalation of trade tensions and the imposition of tariffs between Washington and Beijing have exacerba ...

  • Gold
  • 2 mins read

In two sessions, $200 billion of FANG market cap up in smoke

Facebook (FB.O), Amazon.com (AMZN.O), Netflix (NFLX.O) and Google-parent Alphabet (GOOGL.O) were at the center of a volatile session on the ...

  • Gold
  • 1 min read

Indonesia Market Today 30 October 2018

A. Indonesia Morning Market ReviewTuesday (30/10/2018). A combination of worries about the Trade War, expected FFR rise in the middle of DJI ...

  • Gold
  • 2 mins read

Indonesia Market Today 29 October 2018

A. Indonesia Morning Market ReviewMonday (29/10/2018). After a week, IHSG was corrected by -0.9% with Foreign Net Sells of Rp. 326.42 billio ...

  • Gold
  • 3 mins read

Asian shares struggle to shake off rout despite Wall St. bounce

Asian shares wobbled in early Friday trade, struggling to shake off the previous day’s global markets rout, after weak results from te ...

  • Gold
  • 3 mins read

Indonesia Market Today 26 October 2018

A. Indonesia Morning Market ReviewFriday (10/26/2018). The combination of the DJIA rebounds + 1.63%, EIDO + 3.4%, Oil + 0.81%, temporary app ...

  • Gold
  • 2 mins read

Stocks crumble as global growth, U.S. earnings fears spook markets

Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the ...

  • Gold
  • 3 mins read

Indonesia Market Today 25 October 2018

A. Indonesia Morning Market ReviewThursday (10/25/2018). DJIA's sharp fall -2.41%, the lowest since the beginning of the year so DJIA YTD fe ...

  • Gold
  • 3 mins read

Indonesia Market Today 24 October 2018

A. Indonesia Morning Market ReviewWednesday (10/24/2018). The combination of the decline of DJIA -0.5%, Oil -4.2%, Nickel -0.54% & CPO - ...

  • Gold
  • 3 mins read

Buy Alert

Wells Fargo’s third quarter was a setback for the bank, especially compared with competitors, as a drop-in loan balances and a relativ ...

  • Gold
  • 0 mins read

Gold hits to three-month high, miners rise

Gold miners rally as demand for safe-haven assets lift prices for the yellow metal to the highest in three months, +0.9% to $ ...

  • Gold
  • 0 mins read

Forex Market

Forex last night was a roller coaster with a late bounce on Wall Street that wiped the floor with the yen, sent the Aussie on ...

  • Gold
  • 3 mins read

Women in workplace

Companies report that they are highly committed to gender diversity. But that commitment has not translated into meaningful progress. T ...

  • Gold
  • 1 min read

Major reversal eliminates stock losses

About 45 minutes before the closing bell, the averages are threatening to go green after being down 2% or more earlier today. Sti ...

  • Gold
  • 0 mins read

Saudi to sign $50B in energy, infrastracture deals

Despite tensions around the Khashoggi case, Saudi Arabia plans to sign deals worth more than $50B in the oil, gas, industries and ...

  • Gold
  • 0 mins read

Pot stocks post second-worst day ever as Tilray tumbles

An exchange-traded fund that tracks popular pot stocks fell sharply on Monday, led by shares of Canadian marijuana company Tilray. Traders p ...

  • Gold
  • 1 min read

Global payments: Expansive growth, targeted opportunities

Global payments revenues reached $1.9 trillion in 2017, the best single year of growth in the last five years.  We forecast that p ...

  • Gold
  • 0 mins read

US to exit nuclear treaty with Russia

Due to Russian violations and breaches, President Trump is exiting a Cold-War era treaty that eliminated ground-launched intermedi ...

  • Gold
  • 0 mins read

Brexit Pressure

British Prime Minister Theresa May faces a last-ditch fight this week to save her leadership as is thought that the chairman of th ...

  • Gold
  • 0 mins read

Italy crisis is ‘pretty worrisome,’ says former Eurogroup President Dijsselbloem

An Italian crisis would be an “implosion” and have severe consequences for the country’s banking system, the f ...

  • Gold
  • 4 mins read

China's third quarter GDP growth slowest since 2009, misses expectations

China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a year ...

  • Gold
  • 2 mins read

Peso hits fresh one-month high vs dollar

The peso is on a roll, notching a new best performance against the US dollar in more than a month on Wednesday, a day after it appreciated b ...

  • Gold
  • 1 min read

WALL STREET FAILS TO EXTEND RALLY

Trump administration reportedly plans to pull the U.S. out of the postal treaty. Trade-sensitive stocks lead losses on Wednesday. WTI sett ...

  • Gold
  • 1 min read

LEADING INDEX STILL POINTING TO GROWTH SLOWDOWN

Six month annualised growth rate in the Westpac–Melbourne Institute Leading Index, which indicates the likely pace of economic activit ...

  • Gold
  • 0 mins read

US OIL FIRMS FACING CHALLENGING QUARTER DESPITE RISING CRUDE 

US oil services sector is set to see a struggling recovery in 2018's third quarter, despite bolstered crude barrel prices. Despite crude oi ...

  • Gold
  • 1 min read

Whats next for Gold?

After three weeks of an uptrend, Gold bulls have been a little cautious on the way to the July highs with RSI shying away from the ...

  • Gold
  • 1 min read

FUNDAMENTALS BATTLE POSITIONING, REAL YIELDS SUPPORT THE USD

Fundamentals are battling excessive positioning in several currencies, including the AUD and NZD where positioning data suggest that the mar ...

  • Gold
  • 0 mins read

SAUDI PRINCE DENIES KNOWLEDGE OF JOURNALIST SLAYING

In a move that sees US President Trump once again standing on the opposite side of the room from human rights supporters, the US President i ...

  • Gold
  • 1 min read

UK PM MAY'S REMARKS OVERNIGHT SUGGEST A BREXIT DEAL COULD BE HARDER THAN EXPECTED

Clearly not in a place where we wanted to be on Brexit at the moment.December Brexit agreement could work for EU.But could mean a tight sche ...

  • Gold
  • 0 mins read

CHINA CPI INFLATION RISES ON HIGHER FOOD PRICE INFLATION

China’s CPI inflation rose further to 2.5% y-o-y in September from 2.3% in August, in line with market consensus (Consensus: 2.5%; Nom ...

  • Gold
  • 0 mins read

THE YEN STILL WINS OVER THE FRANC AS BEST SAFE-HAVEN

Citigroup analysts are pegging the Japanese Yen as remaining the market's go-to safe haven of choice when investors are fleeing risk. Based ...

  • Gold
  • 0 mins read

ECB STILL SET TO TURN OFF QE TAPS DESPITE POLITICAL AND TRADE RISKS

All the economists polled unanimously that the European Central Bank (ECB) will unwind its quantitative easing (QE) program by end-Dec, desp ...

  • Gold
  • 0 mins read

KEY Analysis

GBP After reports that negotiators had concluded a draft Withdrawal Agreement last week came the news that Theresa May was unable to of ...

  • Gold
  • 1 min read

U.S. government posts widest deficit since 2012

WASHINGTON (Reuters) - The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republi ...

  • Gold
  • 2 mins read

IRTI, UNHAS to enhance Islamic finance education

As part of initiatives to develop Islamic finance as an academic discipline, the Islamic Research and Training Institute (IRTI) of the Islam ...

  • Gold
  • 1 min read

Asian shares resume descent, oil prices up on Saudi tensions

Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowin ...

  • Gold
  • 3 mins read

Market Wrap-Up

See week on week market comparison for : Indices, currencies, equities, commodities and treasuries.... US. Indices Dow -4.2%to 25,3 ...

  • Admin
  • 1 min read

Scarlett Johansson's New $4 Million New York Home

Scarlett Johansson has purchased a new home just north of New York City. According to the New York Post, the 33-year-old Ave ...

  • Gold
  • 1 min read

Gold spikes to $1218 as dollar slips

Comex gold climbs more than 2% to $1,218/oz. for its third straight daily gain, the metal’s best run since late August, as the dollar ...

  • Gold
  • 0 mins read

BROAD-BASED EURO-ZONE ECONOMIC GROWTH WILL CONTINUE

   •  The Euro area economy continues to expand in a broad-based manner.   •  A test of economic ind ...

  • Gold
  • 0 mins read

CHINA'S STATE MEDIA CALLS FOR BROAD STOCK MARKET "SUPPORT

Chinese state media outlets are rattling their bells, calling for support in equities as they attempt to soothe fears from the current "corr ...

  • Gold
  • 0 mins read

ECB CAN'T, AND WON'T, RESCUE ITALY WITHOUT A FULL-ON BAILOUT AGREEMENT

The ECB will be unlikely to provide any type of specific financial aide or assistance to Italy in the face of burgeoning bond yields and que ...

  • Gold
  • 1 min read

We’re being punished for ‘doing the right thing’: Philippine Finance secretary

KEY POINTS Speaking to CNBC at the IMF and World Bank meetings in Bali, Indonesia, Philippine Finance Secretary Carlos Dominguez said ...

  • Gold
  • 2 mins read

S&P 500 drops below key level watched by traders, signifying the bull market could be broken

Wall Street’s anxieties took a new turn Thursday after the stock market broke below a key technical level that has supported the marke ...

  • Gold
  • 1 min read

Currency Manipulation

“Recent reports suggest the Trump administration has been unhappy with the RMB depreciation and President Trump has, in the past, expr ...

  • Gold
  • 1 min read

Asia stocks crumble: Shanghai topples more than 5%, Nikkei declines nearly 4%

KEY POINTS Asia markets fell sharply on Thursday, with the stock indexes in Shanghai and Shenzhen both tumbling more than 5 per ...

  • Gold
  • 4 mins read

MALAYSIAN MANUFACTURING POINTS TO SLOWER GDP GROWTH

Malaysian industrial production growth slowed to 2.2% year-on-year in that month from 2.6% in July.Key Quotes“The outcome was slightly ...

  • Gold
  • 0 mins read

UK HOUSING PRICES OUTLOOK WEAKEST SINCE BREXIT

British housing surveyors are increasingly downbeat about housing prices, with the RICS housing survey ticking into its worst reading since ...

  • Gold
  • 0 mins read

VERY CONCERNED BY SINO-US TRADE TENSIONS

Jim Yong Kim, President of World Bank, is concerned by the US-China trade tensions and fears a clear economic slowdown if all countries went ...

  • Gold
  • 0 mins read

Market Recap

Forex trade in previous sessiin was lively with a heavy risk-off tone emanating from concerns over global growth and further IMF warnings af ...

  • Gold
  • 4 mins read

US PRESIDENT TRUMP CALLS THE US FED 'CRAZY'

On Wednesday US President Donald Trump lambasted the US Federal Reserve once again, complaining that the Fed has gone "crazy", but the presi ...

  • Gold
  • 0 mins read

CURRENCY MANIPULATIONS

Mitul Kotecha, Senior Emerging Markets Strategist at TD Securities, suggests that nervousness over the upcoming US Treasury semi-annual FX r ...

  • Gold
  • 0 mins read

NEW ZEALAND'S ROBERTSON: PRUDENT TO RUN SURPLUSES, PAY DOWN DEBT

The International Monetary Fund's (IMF) latest global economic forecasts highlight the importance of running budget surpluses and pay down d ...

  • Gold
  • 1 min read

GLOBAL DEBT IS GROWING

Global debt levels reached a record $182 trillion in 2017, having grown 50 percent in the previous decade, the International Monetary Fund ( ...

  • Gold
  • 0 mins read

TRUMP TO INCREASE ETHANOL USE IN PETROL TO APPEASE FARMERS, SHUNS OIL PRODUCERS

US President Donald Trump is seeking to eradicate limits on gasoline fuels that contain large amounts of ethanol, in an effort to bid up US ...

  • Gold
  • 1 min read

UK PPM MAY TO FORCE A BREXIT COMPROMISE AT HOME

The flow of Brexit-centric headlines continues through the week, and the UK Times is out with notes on UK Prime Minister Theresa, who looks ...

  • Gold
  • 0 mins read

FED'S WILLIAMS REPEATS EXPECTATION FOR FURTHER GRADUAL RATE HIKES

John C. Williams, President of Federal Reserve Bank of San Francisco, is out on the wires stating that he expects further gradual ...

  • Gold
  • 0 mins read

IMF: GLOBAL FINANCIAL STABILITY AT RISK WITH RISING TRADE TENSIONS

As reported by Reuters, the International Monetary Fund (IMF) is warning that still-rising trade tensions are becoming an increasingly ...

  • Gold
  • 1 min read

BREAKING NEWS: GBP/USD BREAKS TREND LINE RESISTANCE, EN ROUTE TO R1 1.3141 ON BREXIT NOISE

GBP/USD has rallied to the highest levels since 26th October at the time of writing and is embarking on a test of R1 at 1.3141 on posit ...

  • Gold
  • 0 mins read

BREAKING NEWS: RAAB SPEAKING EARLIER THAN SCHEDULED, "THERE ARE STILL DIFFERENCES"

Raab is making comments on Brexit post a parliamentary discussion: We continue to press our case for future relationships. Will ...

  • Gold
  • 0 mins read

EUR/GBP LOOKING FOR A TEST OF R3 AND POSSIBLE BREAK TO 0.87 THE FIGURE ON POSITIVE BREXIT NOISE

9 October 2018, 19:10 EUR/GBP sent packing on Brexit noise as we wait for Raab's presser and update. EUR/GBP on the verge of a test of R3 ...

  • Gold
  • 2 mins read

USD/TRY SHOULD SEE A DEEPER PULLBACK WHILE BELOW 6.2248 –

In opinion of Axel Rudolph, Senior Analyst at Commerzbank, the pair is expected to keep the bearish stance as long as it trades below 6.2248 ...

  • Gold
  • 0 mins read

IMF Cuts Forecast for Global Growth as Trade War Takes Its Toll

The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in m ...

  • Gold
  • 3 mins read

Asia stocks at 17-month low as China lets yuan slip

Asian shares hit 17-month lows on Tuesday as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic s ...

  • Gold
  • 3 mins read

Microsoft is investing in ride-hailing firm Grab

KEY POINTS Tech giant Microsoft said it will invest an undisclosed sum into Singapore-based ride-sharing company Grab as part of a st ...

  • Gold
  • 3 mins read

China says it’s not afraid of trade war with the US — its actions show Beijing is nervous

KEY POINTS The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 ba ...

  • Gold
  • 4 mins read

Forex Weekly Outlook October 8-12 – Dollar dominates again

The US Dollar gained some ground against its peers in a turbulent week. What’s next? US inflation stands out in the second week of Oct ...

  • Gold
  • 2 mins read

Chris Evans says 'farewell' to Captain America role

Chris Evans appears to have hung up Captain America's shield for the last time as he posted a message of farewell on social media. The ac ...

  • Gold
  • 1 min read

Stocks Decline as U.S. Yields Rise; Dollar Steady: Markets Wrap

Stocks in Europe fell along with U.S. equity-index futures as Treasury yields resumed their upward march, rounding out a tough week when a&n ...

  • Gold
  • 1 min read

World's Richest Lose $63 Billion on Trade Tensions, Stock Slide

The combined net worth of the world’s 500 richest people fell the most in six months on Thursday, according to the Bloomberg Bill ...

  • Gold
  • 0 mins read

Asia markets mostly gain after muted Wall Street moves overnight

KEY POINTS Fed Chairman Jerome Powell said the U.S. central bank was “a long way” from neutral on interest rates on ...

  • Gold
  • 2 mins read

JPMorgan Cuts China Stocks on Risks of Full-Blown Trade War

The likelihood of a “full-blown trade war" next year between the world’s two largest economies made JPMorgan Chase & Co. the ...

  • Gold
  • 1 min read

Chinese movie star Fan Bingbing hit with huge tax evasion fines

BEIJING (Reuters) - China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines ...

  • Gold
  • 2 mins read

The World's Worst Stock Market Is Not Cheap Enough to Buy

For some Philippine money managers, it’s still too soon to scoop up shares in the world’s worst-performing stock market. As the ...

  • Gold
  • 2 mins read

Asia markets mixed despite Dow’s record high overnight

Asia markets were mixed on Wednesday morning following the Dow Jones Industrial Average’s record high overnight on Wall Street. The&n ...

  • Gold
  • 2 mins read

Five Things You Need to Know to Start Your Day

Federal Reserve Chairman Jerome Powell said he sees inflation risks in the U.S. economy as muted. An international survey found that a hefty ...

  • Gold
  • 2 mins read

Rupiah Weakens Past 15,000 per Dollar for First Time Since 1998

Indonesia’s rupiah weakened past 15,000 per dollar for the first time in 20 years amid a souring of sentiment toward emerging-nat