US Commerce Department's 90-day reprive extension does not change much for Huawei

The U.S. Commerce announced that it will allow Huawei a further 90-days of reprieve, in which it can still conduct business with U.S. firms. ...

  • giovanni archidiacono
  • 0 mins read

US markets rebound from last week's selloff

U.S. markets continued to rally during yesterday’s session as Commerce Department gave Chinese tech giant Huawei a further 90-day repr ...

  • giovanni archidiacono
  • 0 mins read

Asian indices make an impressive start to the week

Asian indices had a pleasantly good start to the week as rumoured plans of a fresh round talks between Washington and Beijing brought invest ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 19/08/2019

All times in GMT+7, Jakarta, Bangkok   11:00 JPY Tokyo Condominium Sales (YoY) (JUL) The annualized change in the value of condomin ...

  • giovanni archidiacono
  • 4 mins read

1MDB trial postponed as former PM faces up to 42 criminal charges

The Kuala Lumpur High Court has postponed for a week the biggest of five trials linked to a multi-billion-dollar scam at state fund 1Malaysi ...

  • giovanni archidiacono
  • 0 mins read

Japan's exports continue to fall

Japanese exports have fared better than what analysts predicted in the month of July. Although exports continued to fall, 1.6%, it was an i ...

  • giovanni archidiacono
  • 0 mins read

US consumer spending on the rise as retail sales beat estimates

US retail sales rose in July pointing to strong consumer spending according to data released by the Commerce Department. Sales rose by 0.7% ...

  • giovanni archidiacono
  • 0 mins read

Warning signs of a recession as US indices all take a sharp fall

Wall Street had a disastrous session as the major indices all fell by 3%, as yields of US and UK 10-year government bond yields dipped below ...

  • giovanni archidiacono
  • 0 mins read

China's manufacturing production hits lowest point since 2002

Chinese industrial production dropped to its worst levels for 17 years as data released from the country ’s National Bureau of Statist ...

  • giovanni archidiacono
  • 0 mins read

US indices rise as Washington revises tariffs on Chinese products

U.S. indices rallied during yesterday’s session as trade representatives from Washington announced revisions to the 10% tariff which i ...

  • giovanni archidiacono
  • 0 mins read

New Zealand tax authority allows wages to be paid in cryptocurrencies

New Zealand’s tax authority has ruled in favour of salaries and wages being paid in cryptocurrencies, thus becoming the first country ...

  • giovanni archidiacono
  • 0 mins read

Singapore cuts its GSP forecast as economy shrinks

Singapore has cut its GDP forecast as its economy sunk by 3.3% for the second quarter of 2019, higher than the 2.95 figure analysts had fore ...

  • giovanni archidiacono
  • 0 mins read

India's plans to have its own gold exchange

India’s ambition to have its own national gold market is edging ever closer, as major banks have forwarded plans to the government in ...

  • giovanni archidiacono
  • 0 mins read

Klarna is Europe's largest fintech company as it hits $5.5 billion in value

Swedish fintech start-up Klarna has become the largest of its kind in Europe following a fresh round of funding, hence giving it a value of ...

  • giovanni archidiacono
  • 1 min read

New Zealand's Central Bank cuts rates and sends the NZD/USD down by 2%

New Zealand’s central bank has unexpectedly slashed its interest rates to its lowest ever which in turn has triggered the country&rsqu ...

  • giovanni archidiacono
  • 0 mins read

US markets suffer with S&P 500 and Nasdaq hitting record lows

U.S. indices have suffered their biggest loss for 2019 as both the S&P 500 and the Nasdaq saw a sharp selloff. Trump’s latest att ...

  • giovanni archidiacono
  • 0 mins read

HSBC shares fall as Flint announces resignation

HSBC chief John Flint has resigned from his position and will be replaced by Noel Quinn, head of HSBC’s Global Commercial Banking Unit ...

  • giovanni archidiacono
  • 0 mins read

Apple shares surge as earnings report beats expectations

Apple beat expectations as it released its earnings report sending its stock surging by 4% and pointing to a stronger demand in its products ...

  • giovanni archidiacono
  • 0 mins read

US indices slide as Trump attacks China

Wall Street had a disappointing session on Tuesday as President Trump once again took to the offensive on China, hence diminishing any real ...

  • giovanni archidiacono
  • 0 mins read

AUD falls following Lowe's comments

The Aussie dollar has plunged following comments by the Reserve Bank of Australia, pointing to periods of low interest rates. Governor Phil ...

  • giovanni archidiacono
  • 0 mins read

South Korea's economy grows to its fastest rate in 2 years

South Korea’s economy has grown by 1.1%, its fastest rate in the last two years despite of the current trade skirmishes between the U. ...

  • giovanni archidiacono
  • 0 mins read

Deutsche Bank shares plummet as second quarter loss is its worst since 2015

German lender Deutsche Bank has posted its biggest quarterly loss within the last 4 years, a net loss of €3.1 billion which is almost h ...

  • giovanni archidiacono
  • 0 mins read

US Justice Department to investigate Apple, Facebook and other tech firms

The U.S. government has announced it will be looking into its biggest tech companies as it investigates anticompetitive practices which is a ...

  • giovanni archidiacono
  • 0 mins read

US indices continue to post gains

Wall Street continues to ride a bullish wave as the main indices closed higher for Tuesday’s session.   The DJIA closed up ...

  • giovanni archidiacono
  • 0 mins read

Asia's indices rally following positive trade news

Asian indices have been making up for the disappointing session on Monday.   Investor sentiment was also boosted by the news that U.S ...

  • giovanni archidiacono
  • 0 mins read

Wall Street on the rally as earning reports come in

Wall Street had an early rally to start the week and as we look ahead somewhere around 144 companies from the S&P 500 and a third from t ...

  • giovanni archidiacono
  • 0 mins read

China's tech exchange begins trading...and stocks soar up to 500%

The STAR exchange was inaugurated by President Xi Jinping about a year ago, however it is safe to say no one had foreseen the stellar perfor ...

  • giovanni archidiacono
  • 0 mins read

Asian markets fail to get a positive start to the week

Asian indices failed to make a good start to the week, on today’s exchange the only index which managed to notch a win was the TAIEX i ...

  • giovanni archidiacono
  • 0 mins read

Thailand's exports improve but still a long way to receovery

Thailand’s export numbers have fallen by 2.15% year on year and imports have also shrunk, hence bringing the country’s trade sur ...

  • giovanni archidiacono
  • 0 mins read

Trade standoffs weigh in on asian indices

Asia’s indices declined as the current trade standoff between the U.S. and China seems to have no progress, additionally, Tokyo and Se ...

  • giovanni archidiacono
  • 0 mins read

Japan's exports fall for seventh-month running

Japan’s exports continue to plunge for the seventh month running, according to data from the country’s Finance Ministry pointed ...

  • giovanni archidiacono
  • 0 mins read

Bank of Korea cuts interest rates as economy fails to recover

The Bank of Korea has slashed interest rates for the first time since 2016 as an increasing concern grips the country’s economy outloo ...

  • giovanni archidiacono
  • 0 mins read

Asian markets attempt to rally following disappointing Chinese GDP figures

Asian indices have mostly bounced back during the day’s session following the disappointing GDP report from China.   The Shangh ...

  • giovanni archidiacono
  • 0 mins read

China's economy records its slowest growth since 1992

China’s economy has slowed down to its worst rate since the first quarter of 1992, almost 27 years, as the numbers showed a retreat of ...

  • giovanni archidiacono
  • 0 mins read

Federal Reserve chief Jerome Powell makes a case for rate cuts

The Federal Reserve’s chairman, Jerome Powell has sealed the case for U.S. banks to slash interest rates. According to Powell the U.S ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mostly rise as Fed seeks to cut rates

Asian indices have closed the day on a high note following the Fed’s Jerome Powell hinting at a possible rate cut later this year. In ...

  • giovanni archidiacono
  • 0 mins read

Deutsche Bank faces criminal investigation by the US

Deutsche Bank is facing criminal investigation in the U.S. in connection with alleged failures to comply with anti-money laundering laws. T ...

  • giovanni archidiacono
  • 0 mins read

Fed holds off on raising rates for 2019

The Fed has maintained the line on interest rates and will do so for the remainder of 2019, however the Committee was slightly split as the ...

  • giovanni archidiacono
  • 0 mins read

Trump and Xi to hold bilateral meeting at G20 summit

President Donald Trump and Xi Jinping, his Chinese counterpart, will hold a bilateral meeting when the two leaders attend the G20 summit in ...

  • giovanni archidiacono
  • 0 mins read

Japan's exports fall for the sixth month running

Japan’s exports have fallen during the month of May according to data released by the country’s Finance Ministry. Exports fell ...

  • giovanni archidiacono
  • 1 min read

Wall Street closes higher as investor mood brightens

U.S. stocks closed higher as Wall Street increased its outlook on a positive outcome between the U.S. and China coming to finalize a deal on ...

  • giovanni archidiacono
  • 0 mins read

Malaysia's exports rise unexpectedly

Malaysia’s exports have increased for the month of April, breaking the trend from the previous two months mainly thanks to a higher de ...

  • giovanni archidiacono
  • 0 mins read

China's factory output increases amid trade tensions

Chinese factory activity has increased just a notch in the month of May, in a sign that Beijing is showing defiance in tis trade war with Wa ...

  • giovanni archidiacono
  • 0 mins read

Japan's manufacturing and exports take a negative turn

Japanese manufacturing activity turned negative for the month of May, according to a private survey as trade tensions weigh down on exports. ...

  • giovanni archidiacono
  • 0 mins read

China seeks to halt rare metal exports to US

Shares in Chinese companies that mine and sell rare metals, or earths, have soared in earlier trading after Beijing threatened to use export ...

  • giovanni archidiacono
  • 0 mins read

Bank shares fall as Wall Street gives up early gains

Wall Street closed lower on yesterday's session as the continuing spat with China over tariffs is increasing a likelihood of an economic slo ...

  • giovanni archidiacono
  • 0 mins read

US Treasury yield falls to 20-month low

The yield on the benchmark 10-year U.S. Treasury fell to a 20-month low as escalating trade tensions between Washington and Beijing continue ...

  • giovanni archidiacono
  • 1 min read

Italian assets feel the heat as Salvini aims to take on Brussels

Italian assets are under pressure following a unforecasted victory for the rightwing League party in the European elections, something which ...

  • giovanni archidiacono
  • 0 mins read

Fiat Chrysler closer to strike merger deal with Renault

Fiat Chrysler is plotting a  €32.6bn all-share merger with Renault, a deal that would reshape the global automotive industry and a ...

  • giovanni archidiacono
  • 1 min read

Thailand trade balance enters negative territory

Thailand’s exports have continued to fall in April due to a decrease in regional demand and subsequently have sent the country’s ...

  • giovanni archidiacono
  • 0 mins read

The US warns Turkey not to go ahead with Russian missile defence purchase

Turkey has two weeks to decide between completing an arms deal with the U.S. or turn to its closer neighbour Russia whom is presenting its v ...

  • giovanni archidiacono
  • 0 mins read

Ford to cut 10% of its global workforce

According to an email sent to employees, Ford Motor Co. is planning to cut 7,000 of its global workforce by the end of August as part of its ...

  • giovanni archidiacono
  • 0 mins read

Regional markets end session mixed as Huawei's troubles linger

Asian indices have been mostly mixed in the region as investors grapple with the current situation surrounding Huawei and Google, the latter ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 21/5/2019

All times in GMT+7, Jakarta, Bangkok     11:00 JPY Tokyo Condominium Sales (YoY) (APR) The annualized change in the value of ...

  • giovanni archidiacono
  • 3 mins read

Indonesian Market Today 21 May 2019

A. Indonesia Morning Market Review Tuesday (21/05/2019). The majority of stock exchanges in developed economies continued to weaken. The Do ...

  • Gold
  • 2 mins read

Tech stocks take a beating as Wall Street trades lower

U.S. indices were lower during Monday’s exchange as the current trade standoff between Washington and Beijing weighs on investors, res ...

  • giovanni archidiacono
  • 0 mins read

Asian markets close higher but China's indices fail to keep up

Asian indices traded mostly higher bar Chinese markets which were relatively lower as news came in of Google ending the supply of Android so ...

  • giovanni archidiacono
  • 0 mins read

Japan's economy grows in the first quarter

Japan’s GDP grew, to much surprise, in the first quarter of the year as export numbers exceeded expectations. Data released earlier b ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 20/5/2019

All times in GMT+7, Jakarta, Bangkok   13:00 EUR German Producer Price Index (MoM) (APR)   13:00 EUR German Producer Price I ...

  • giovanni archidiacono
  • 3 mins read

Australian Dollar rises following surprise election win for Conservatives

The Australian dollar sprang higher in today’s opening as the country’s ruling Conservatives scored a surprise victory in electi ...

  • giovanni archidiacono
  • 0 mins read

Oil prices rise as Saudi Arabia remains in favour of production cuts

Oil prices have risen in today’s early trading following Saudi Arabia announcing it would advice OPEC to maintain production cuts. Br ...

  • giovanni archidiacono
  • 0 mins read

Google ceases to provide Huawei with Android services

Google has halted any further deliveries of software and technical services to Huawei, which itself is a huge blow considering the tech gian ...

  • giovanni archidiacono
  • 0 mins read

Duterte's allies deliver crucial blow to opposition during midterm elections

Senate candidates supporting President Rodrigo Duterte are well on the way to win the 12 seats contested in the Philippines’ midterm e ...

  • giovanni archidiacono
  • 0 mins read

Asian markets trade lower as Trump turns up heat on Huawei

Asian markets have had a mostly negative session as investors digest the latest news regarding Huawei as Trump blacklisted the tech giant as ...

  • giovanni archidiacono
  • 0 mins read

Huawei placed on Washington's export "blacklist"

The Trump administration has once again gone on the offensive with Huawei as it has now required all U.S. companies to obtain a license prio ...

  • giovanni archidiacono
  • 0 mins read

Markets trade higher as Trump delays automobile tariffs

U.S. markets traded higher as Trump delayed imposing tariffs on automobiles for up to 6 months. The DJIA closed higher 0.4% at 115.97 point ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 16/5/2019

All times in GMT+7, Jakarta, Bangkok   14:30 EUR ECB's Praet Moderates Panel in Brussels   16:00 EUR Euro-Zone Trade Balance ...

  • giovanni archidiacono
  • 4 mins read

IEA warns of an unclear future in oil supply

Oil markets are heading towards a shortage which will be requiring OPEC’s members to discuss a possible increase in output. The IEA ( ...

  • giovanni archidiacono
  • 1 min read

Germany's economy increases, but its not all plain sailing ahead

Germany’s economy has taken a positive turn in the first quarter of the year as it just escaped the claws of recession in 2018. A sig ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mostly rise regardless of trade tensions

Following in the steps of Wall street’s last session, indices in Asia seemed to be mostly higher, brushing aside the current trade ten ...

  • giovanni archidiacono
  • 0 mins read

Monet's masterpiece fetches over $100 million in acution

Claude Monet’s “Meules” painting, completed in 1890 and part of the celebrated “Haystacks” series, has fetched ...

  • giovanni archidiacono
  • 0 mins read

Wall Street rallies as the Dow posts best day in 3 months

U.S. indices traded higher during trading with the Dow scoring its best performance in three months, regardless of the late trade war exchan ...

  • giovanni archidiacono
  • 0 mins read

Asia's indices trade mostly lower while the Kospi scores gains

Asian indices are mostly lower in today’s exchange, however not as lacklustre as Wall Street’ performance. In mainland China th ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 14/5/2019

All times in GMT+, Jakarta, Bangkok   12:00 JPY Eco Watchers Survey Current (APR)   12:00 JPY Eco Watchers Survey Outlook SA ...

  • giovanni archidiacono
  • 4 mins read

Wall Street plunges following China's retaliation on tariffs

U.S. indices fell sharply on Monday’s session following China’s decision to slap tariffs on U.S. goods, in a clear sign of retal ...

  • giovanni archidiacono
  • 0 mins read

Bitcoin up 90% since start of the year as it holds above $7,000 level

Bitcoin as risen by 90% since the start of the year, as it closed Sunday’s session at $7,600 as it continues to make a spectacular ral ...

  • giovanni archidiacono
  • 0 mins read

Beijing retaliates by raising tariffs on US goods

Following Trump’s decision to increase tariffs on Chinese goods, Beijing has taken a countermeasure in which it will increase tariffs ...

  • giovanni archidiacono
  • 0 mins read

Oil trades lower as growth fears grip investors

The current trade standoff between Washington and Beijing has left investors with fresh fears over global economic growth. Crude futures we ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 13/5/2019

All times in GMT+7, Jakarta, Bangkok   12:00 JPY Leading Index CI (MAR P)   12:00 JPY Coincident Index (MAR P)   Meas ...

  • giovanni archidiacono
  • 0 mins read

The US goes ahead and raises tariffs to 25% on Chinese goods

The U.S. has gone ahead to raise tariffs on $200 billion worth of Chinese goods. Tariffs, as President Trump made it clear earlier this wee ...

  • giovanni archidiacono
  • 0 mins read

EU indices stuck in negative territory

European indices have struggled to make any headway in today’s exchange as investors dela with the tensions surrounding trade talks be ...

  • giovanni archidiacono
  • 0 mins read

Hackers make off with $40 million of BTC from Binance

Major cryptocurrency exchange, Binance, has been subject to a hacking attack resulting in a loss of over $40 million in Bitcoin. Binance an ...

  • giovanni archidiacono
  • 0 mins read

Germany's growth outlook slashed once again by the EU Commission

The EU has slashed its growth forecast of Germany’s economy for the second time this year, mainly due to the ongoing trade wars and Ch ...

  • giovanni archidiacono
  • 0 mins read

Asian indices mixed folowing the latest in the US-China trade war

The increasing trade tensions have sent Asian indices in today's early trading, in similar fashion to Wall Street, however managed to reboun ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 07/5/2019

All times in GMT+7, Jakarta, Bangkok   11:30 AUD RBA Cash Rate Target (MAY 7)   12:00 JPY Vehicle Sales (YoY) (APR)   ...

  • giovanni archidiacono
  • 1 min read

US indices trade lower as trade war re-ignites

U.S. stocks finished lower Monday even in the wake of a dramatic comeback following Donald Trump’s announcement to increase tariffs on ...

  • giovanni archidiacono
  • 0 mins read

EU markets trade lower following Trump's announcement

Following the bombshell dropped by U.S. President Donald Trump regarding the ongoing trade war with China the EU markets have had a bad star ...

  • giovanni archidiacono
  • 0 mins read

Avengers End Game continues to march to the top spot

Avengers: End Game continued its hot cinematic run into a second weekend, swallowing the bulk of the box office in the U.S. Disney’s ...

  • giovanni archidiacono
  • 0 mins read

Trump to increase tariffs on Chinese goods

Donald Trump announced that tariffs currently imposed on $200 billion of imports from China will increase to 25% from 10% on Friday with add ...

  • giovanni archidiacono
  • 0 mins read

US markets close lower as Powell's words urge caution

U.S. indices closed lower yet again, mainly due to the Fed’s decision to keep rates unchanged. The DJIA slipped by 0.4% to close at 1 ...

  • giovanni archidiacono
  • 0 mins read

Bank of England holds off on raising interest rates

The Bank of England will hold off on raising interest rates as a result of the agreement to extend the deadline for the U.K.’s withdra ...

  • giovanni archidiacono
  • 0 mins read

US indices close higher as S&P 500 and Nasdaq close on record highs

U.S. markets had a positive start to the week as most indices traded higher, most notably the S&P 500 and the Nasdaq which posted yet ag ...

  • giovanni archidiacono
  • 0 mins read

US indices mostly lower, 3M shares down double digits

U.S. markets traded mostly lower as the retail sector posted some unpleasant figures. The DJIA shed 0.5% while the S&P 500 ended the se ...

  • giovanni archidiacono
  • 0 mins read

South Korean economy shrinks to its worst since 2008

South Korea’s economy has retreated unexpectedly resulting in a 0.3% contraction and its worst performance since the global financial ...

  • giovanni archidiacono
  • 0 mins read

Regional indices mostly lower as South Korea's economy shrinks

Asian indices have closed the trading session mostly lower, following suit of Wall street’s performance. Mainland China suffered the ...

  • giovanni archidiacono
  • 0 mins read

Oil prices slip as US output increases

Oil prices have gone slightly lower as an increase of U.S. refineries output has dampened the current sentiment although Washington ended al ...

  • giovanni archidiacono
  • 0 mins read

UBS posts disappointing figures for first quarter

Swiss bank UBS posted a 27% drop in net profit for the first quarter of 2019, compared to the same period in the previous year. However, ne ...

  • giovanni archidiacono
  • 0 mins read

US markets trade lower as earning reports continue to roll in

U.S. indices closed the session lower due to a mixed result of earnings reports. The DJIA slipped by 0.2% while the S&P 500 was below i ...

  • giovanni archidiacono
  • 0 mins read

Microsoft hits $1 trillion mark as earnings beat expectations

Microsoft shares soared past the $130.50 mark hence giving the tech giant a market cap of over $1 trillion. Shares have rallied 34% over th ...

  • giovanni archidiacono
  • 0 mins read

Credit Suisse beats earning estimates following a "slow start"

Credit Suisse has posted yet another increase in net profit for the first quarter of 2019, its first following the completion of its three-y ...

  • giovanni archidiacono
  • 1 min read

Asian markets fail to keep up with Wall Street's record highs

Asian markets ended today’s session lower although Wall street saw record highs for the Nasdaq and the S&P 500. Japan’s Nik ...

  • giovanni archidiacono
  • 0 mins read

The BOJ is ready to increase stimulus

The Bank of Japan is ready to increase stimulus, including through a combination of various steps, should the economy lose its current momen ...

  • giovanni archidiacono
  • 0 mins read

US indices mostly higher following Easter break

U.S. markets ended Monday’s session slightly higher bar the Dow Jones as declining shares of Boeing continue to weigh down on the inde ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 22/4/2019

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

  • giovanni archidiacono
  • 1 min read

Oil rises by 2% as US ends sanction waiver on Iranian oil

The U.S. will end waivers on sanctions to purchasers of Iranian oil as of today. China, India, Japan, South Korea, Taiwan, Turkey, Italy an ...

  • giovanni archidiacono
  • 0 mins read

This weeks events review

The week ended with a record number of Indonesian and Indian citizens heading to the polls as the third and fifth largest economies in Asia ...

  • giovanni archidiacono
  • 1 min read

Goldman's head of ETF trading makes the move to rival JPMorgan

Edward Rossetti, the head of ETF trading for Goldman Sachs in the U.S. has departed and has taken a seat with rival lender JPMorgan as yet a ...

  • giovanni archidiacono
  • 0 mins read

Pinterest raises share price expectation to $19 as it readies to go public

As it readies to finally go public later today, Pinterest has managed to raise $1.43 billion in its IPO after pricing the offering at $19 a ...

  • giovanni archidiacono
  • 1 min read

Asian markets trade lower as investors look to US-China trade talks

Asian indices traded lower today as investors still keep cautious regarding the trade talks between Washington and Beijing. In mainland Chi ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 18/4/2019

All times in GMT+7, Jakarta, Bangkok   13:00 EUR German Producer Price Index (MoM) (MAR)   13:00 EUR German Producer Price I ...

  • giovanni archidiacono
  • 3 mins read

Markets slightly off as healthcare sector slips

U.S. indices closed slightly lower as the health sector took a hit as unfavourable policy changes loom. The DJIA dipped by 3.12 points as B ...

  • giovanni archidiacono
  • 0 mins read

Oil continues to rise as China increases demand

Oil prices continue to climb as U.S. stockpiles fell while China’s refinery increased demand. Earlier this morning International benc ...

  • giovanni archidiacono
  • 0 mins read

Indonesia heads to the polls

Indonesians today head to the polls to vote in the world's biggest single-day elections that will see incumbent President Joko "Jokowi" Wido ...

  • giovanni archidiacono
  • 0 mins read

Apple and Qualcomm finally settle legal dispute

Apple and Qualcomm’s bitter legal dispute has finally ended as the two tech companies settled their royalty dispute. The settlement i ...

  • giovanni archidiacono
  • 1 min read

Singapore March exports drop to lowest figures since 2016

Singapore’s domestic exports have fallen by 11.7% in the month of March, the biggest decrease since October of 2016 sand an evident si ...

  • giovanni archidiacono
  • 0 mins read

China's economy increases despite slowdown expectations

China’s economy grew by 6.4% in this year’ first quarter compared to 2018, beating analysts’ expectations as it predicted ...

  • giovanni archidiacono
  • 0 mins read

Asian markets keep the positive momentum as US-Japan trad talks begin

Asian indices had a positive exchange as Washington begins a fresh round of talks with Tokyo, meanwhile the Bank of Japan Governor Haruhiko ...

  • giovanni archidiacono
  • 0 mins read

Taiwan frustrated at China's military drills

Taiwan is once again finding itself fending off Chinese military drills which it sees as a threat in the waters of the Taiwan Strait. Presi ...

  • giovanni archidiacono
  • 0 mins read

South Africa's FNB launches Shari'ah compliant import finance

First National Bank said it has launched trade finance as part of its Islamic banking product suite, amidst growing demand for Shari’a ...

  • giovanni archidiacono
  • 1 min read

Today's announcements and data releases, 15/4/2019

All times in GMT+7, Jakarta, Bangkok   08:30 CNY New Home Prices (MoM) (MAR)   08:30 AUD RBA Minutes of April Policy Meeting ...

  • giovanni archidiacono
  • 6 mins read

US indices get off to a slow start of the Easter week

U.S. indices kicked the week off with a weak performance as earning reports from both Citigroup and Goldman Sachs failed to thrill investors ...

  • giovanni archidiacono
  • 0 mins read

Former VW Executive charged by German prosecutors

Former VW CEO Martin Winterkorn and four others have been charged by German prosecutors in connection to the carmaker’s diesel emissio ...

  • giovanni archidiacono
  • 0 mins read

Goldman Sachs beat expectations, but investment management division misses targets

Goldman Sachs beat Wall street’s expectations as it posted above-average earnings, thanks by large to the lender’s compensation ...

  • giovanni archidiacono
  • 0 mins read

China's BOE Technology Group aiming to overtake Samsung in foldable screen production

China's BOE Technology Group, has won the bid to provide flexible OLED screens for Huawei’s Mate X which is its first foldable phone w ...

  • giovanni archidiacono
  • 1 min read

Markets close mixed as U.S.-China trade talks come to an end

Asian indices ended today’s session slightly mixed on reports from U.S. Treasury secretary, Steven Mnuchin, that a trade resolution is ...

  • giovanni archidiacono
  • 0 mins read

This weeks events review

This week ended with Theresa May being able to secure a delay on the Brexit deadline, originally scheduled for this month, instead it is now ...

  • giovanni archidiacono
  • 1 min read

Julian Assange arrested by police in London

WikiLeaks co-founder Julian Assange has been taken into custody in central London by the Metropolitan Police. The Met confirmed, “Jul ...

  • giovanni archidiacono
  • 0 mins read

Brexit news and Aussie elections drag regional indices down

Asian markets closed the session in mixed fashion as news of a Brexit deadline has been extended to October 31. Mainland Chinese indices, t ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 11/4/2019

All times in GMT+7, Jakarta, Bangkok     13:00 EUR German Consumer Price Index (MoM) (MAR F) Assesses changes in the cost of ...

  • giovanni archidiacono
  • 2 mins read

Israel's Netanyahu heading for a record fifth term as PM

Israeli Prime Minister Benjamin Netanyahu seems to be heading for a record fifth term in office as his challenger Benny Gantz threw in the t ...

  • giovanni archidiacono
  • 1 min read

Malaysia's PM addresses smart technology within the financial sector

Malaysia’s prime minister Mahathir Mohamad said that introduction of smart technology within the financial industry has “positiv ...

  • giovanni archidiacono
  • 1 min read

Bank CEOs testify in US Congress, hot topics...blockchain and cryptocurrencies

Bank CEOs stood to give testimony before the U.S. House of Representatives Financial Services Committee as it reviewed the change of climate ...

  • giovanni archidiacono
  • 1 min read

US markets back on the winning track

U.S. indices closed higher following the Fed’s minutes form tis March meeting were released, once again reiterating its stance to not ...

  • giovanni archidiacono
  • 0 mins read

Trump announces tariffs on $11 billion of EU goods

U.S. President Donald Trump announced that he will slap the EU with tariffs on $11 billion of product. Trump announced on social media, &ld ...

  • giovanni archidiacono
  • 0 mins read

US markets retreat as Trump imposes tariffs on EU goods

U.S. stocks ended the session lower, as Donal Trump announced the imposing of sanctions on $11 billion of EU products, as according to his s ...

  • giovanni archidiacono
  • 0 mins read

China aiming to ban Bitcoin mining

China’s state planner is aiming to ban Bitcoin mining throughout the country as the government applies further pressure on the cryptoc ...

  • giovanni archidiacono
  • 0 mins read

IMF reduces its outlook for 2019 but remains positive for 2020

The IMF has again reduced its global economic growth forecast for 2019, citing current issues such as trade tensions and the Fed’s cur ...

  • giovanni archidiacono
  • 1 min read

BTC users rejoice as new Bitcoin Core upgrade is unveiled

Bitcoin Core is finally here, to the joy of BTC aficionados, the 18th major version of the cryptocurrency’s most widely used software, ...

  • giovanni archidiacono
  • 1 min read

Asian indices rally but ASX fails to keep up

Asian stocks have been mostly higher today, a trade summit between Trump and Xi Jinping is anticipated which could spell positive outcome af ...

  • giovanni archidiacono
  • 0 mins read

Theresa May to meet with Merkel and Macron in seek of a delay on Brexit

British Prime Minister Theresa May will meet German Chancellor Angela Merkel and French President Emmanuel Macron later today, in a bid to d ...

  • giovanni archidiacono
  • 1 min read

US markets mostly higher as S&P 500 notches 8-straight wins

U.S. indices closed the session higher bar the Dow Jones, with that investors are keeping a close eye on the trade talks as they reach a con ...

  • giovanni archidiacono
  • 0 mins read

Goldma Sachs appoints new global head of the investment bank’s consumer and retail group

Goldman Sachs Group Inc’s global head of the investment bank’s consumer and retail group, Rob Sweeney, will step down at the end ...

  • giovanni archidiacono
  • 1 min read

EU markes trade lower as oil prices surge

EU markets were trading lower amid geopolitical uncertainties and rising oil prices which hit a 4-month high. The Stoxx 600 closed lower by ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 8/4/2019

All times in GMT+7, Jakarta, Bangkok   12:00 JPY Consumer Confidence Index (MAR)   13:00 JPY Eco Watchers Survey Current (MA ...

  • giovanni archidiacono
  • 6 mins read

Oil prices reach 4-month highs

Oil prices have risen to their highest since November 2018, mainly due to the U.S. sanctions imposed on both Iran and Venezuela, OPEC’ ...

  • giovanni archidiacono
  • 0 mins read

Indonesia and Malaysia send joint letter to EU objecting measures on palm oil

Over the weekend, Indonesian President Joko Widodo and Malaysian Prime Minister Mahatir Mohamad have signed and sent a joint letter to the E ...

  • giovanni archidiacono
  • 1 min read

This weeks events review

News this week has been focusing on the Turkish election and the escalating struggle in Caracas where the people of Venezuela are beginning ...

  • giovanni archidiacono
  • 2 mins read

Erdogan claims victory....but the results state otherwise

Turkish President Tayyip Erdogan’s has thrown a last-ditch attempt to turn the elections in his favour as he has appealed to the provi ...

  • giovanni archidiacono
  • 1 min read

J.P.Morgan's Dimon feels a cyberattack is biggest threat to US economy

A cyberattack may be the biggest threat to the U.S. economy according to J.P. Morgan’s Jamie Dimon. The company’s Chairman and ...

  • giovanni archidiacono
  • 1 min read

Weak German manufacturing orders drag region's indices lower

The EU’s indices were mostly lower during today’s session as German data for manufacturing orders came in at -4.2%, well below t ...

  • giovanni archidiacono
  • 0 mins read

Verizon becomes the first 5G provider as it launches services in U.S.

Verizon has begun its fifth-generation wireless network in areas of Minneapolis and Chicago ahead of schedule, taking the "world's first com ...

  • giovanni archidiacono
  • 0 mins read

Carlos Ghosn arrested again over Oman payments

Carlos Ghosn was arrested once again today as Japanese prosecutors seek to build a new case over the former Nissan chairman regarding a deal ...

  • giovanni archidiacono
  • 1 min read

U.S. markets continue gains as S&P 500 nears all-time highs

U.S. markets closed higher amid positive atmosphere surrounding the ongoing trade talks with Beijing. The DJIA rose by 0.2% as it reached p ...

  • giovanni archidiacono
  • 0 mins read

Asian markets rise as trade talks are "10%" away from agreement

According to the U.S. Chamber of Commerce executive, Myron Brilliant, “Ninety percent of the deal is done, but the last 10% is the har ...

  • giovanni archidiacono
  • 0 mins read

Cryptocurrencies follow Bitcoin's rally

Following the rally of Bitcoin, as it has now climbed over 21% in the last 24-hours to $5,062.57, all other crypto-tokens are following suit ...

  • giovanni archidiacono
  • 0 mins read

Theresa May seeks talks with opposition's leader to ensure smooth Brexit deal

U.K. PM Theresa May vowed that she will seek another Brexit delay to agree an EU divorce deal with opposition leader Jeremy Corbyn as a last ...

  • giovanni archidiacono
  • 1 min read

Taiwan's leader orders forceful action against China's planes

Taiwan’s President Tsai Ing-wen has called for Chinese warplanes that cross a maritime line separating the two sides to be “forc ...

  • giovanni archidiacono
  • 0 mins read

Asian markets surge following Wall Street's gains

Asian markets were boosted by Wall Street’s session as it saw gains all across the board. China’s mainland indices, the Shangha ...

  • giovanni archidiacono
  • 0 mins read

Wall Street rises due to strong Chinese data

U.S. indices had a strong start to the week following positive manufacturing data from China which has brushed off the lingering worries of ...

  • giovanni archidiacono
  • 0 mins read

Bitcoin has best quarter since 2017

Bitcoin closed the first quarter of 2019 with 10.91% gains, the biggest quarterly gain since the fourth quarter of 2017. Although bearish e ...

  • giovanni archidiacono
  • 0 mins read

Saudi Aramco eclipses Apple as the world's most profitable company

Saudi Aramco is officialy the world's most profitable company as net profits reached US$111 billion for 2018, according to an assessment pub ...

  • giovanni archidiacono
  • 1 min read

Regional indices advance as Chinese manufacturing reaches 6-month high

China’s manufacturing sector surged according to new data, with the previous month of March reaching a 6-month high of 50.5. The regi ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 1/4/2019

All times in GMT+7, Jakarta, Bangkok   12:30 AUD RBA Commodity Index SDR (YoY) (MAR)   12:30 AUD Commodity Index AUD (MAR) ...

  • giovanni archidiacono
  • 5 mins read

NZ Prime Minister to adress Huawei and trade agreement on visit to Beijing

New Zealand’s Prime Minister Jacinda Ardern said she hoped to have a dialogue with Beijing about her country’s intelligence agen ...

  • giovanni archidiacono
  • 1 min read

Turkey may have a new chapter as Erdogan faces defeat

Turkey’s President Tayyip Erdogan received a major loss on Sunday’s elections as his party is likely to lose grip of the country ...

  • giovanni archidiacono
  • 0 mins read

This weeks events review

This week saw U.S. Special Counsel Robert Mueller’s report on Donald Trump showing no evidence of Russia meddling with the elections w ...

  • giovanni archidiacono
  • 1 min read

Japanese factory output increases but economy still fragile

Japan's factory output expanded for the first time in four months in February, though the rebound was relatively weak and the overall outloo ...

  • giovanni archidiacono
  • 1 min read

Warren Buffet is not too concerned about the recent slowdown

According to billionaire investor Warren Buffett the economic growth has lost some steam recently. The Berkshire Hathway chairman and ...

  • giovanni archidiacono
  • 1 min read

Wall Street closes higher as trade talks make progress

U.S. markets enjoyed some gains yesterday as the latest round of trade talks in Beijing seemed to produce some headway. The DJIA increased ...

  • giovanni archidiacono
  • 0 mins read

EU markets trading higher following the ECB's announcements

Following the ECB’s announcements yesterday, EU indices experienced a more positive exchange today. The Stoxx 600 advanced by 0.3% wh ...

  • giovanni archidiacono
  • 0 mins read

Turkey in critical stages as currency slides again ahead of elections

The Turkish lira has slumped by 5% as the country faces upcoming elections this weekend. USD was at 5.569 lira earlier this morning which i ...

  • giovanni archidiacono
  • 0 mins read

Asian indices fail to rally as trade talks are in focus

With focus on the trade talks between the U.S. and China in Beijing today, Asian indices mostly traded lower bar a couple of late rallies to ...

  • giovanni archidiacono
  • 0 mins read

Trump says "all options are open" to get Russian troops out of Venezuela

U.S. President Donald Trump has warned Russia to get its troops out of Venezuela, adding that all options are on the table in order to make ...

  • giovanni archidiacono
  • 0 mins read

ECB ready to intervene should economy weaken

The ECB’s President, Mario Draghi vowed that the Bank is ready to take further action to help the economy if the outlook takes a sudde ...

  • giovanni archidiacono
  • 1 min read

Markets trade lower as growth slowdown worries linger

US markets traded lower amongst continued worries over a global economic slowdown. The Dow Jones Industrial Average dropped 32.14 points, 0 ...

  • giovanni archidiacono
  • 0 mins read

Brexit "no deal" may be a reality as UK lawmakers fail to win over Parliament

British lawmakers have voted on eight different possible Brexit options, however not one of the same scenarios received majority support tha ...

  • giovanni archidiacono
  • 0 mins read

Asian markets mixed ahead of fresh round of trade talks in Beijing

As U.S. and China trade talks are due to resume tomorrow, the region’s indices were mainly mixed in today’s trading session. Ma ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 27/3/2019

All times in GMT+7, Jakarta, Bangkok   15:00 EUR ECB President Mario Draghi Speaks in Frankfurt   15:00 EUR ECB's Nowotny, L ...

  • giovanni archidiacono
  • 4 mins read

Cathay Pacific purchases HK Express Airways as it seeks to enter the low-budget travel market

Cathay Pacific Airways announced it will purchase Hong Kong Express Airways from HNA Group for a figure believed to be around $628.1 million ...

  • giovanni archidiacono
  • 0 mins read

Energy sector boosts indices but still off intraday highs

The U.S. energy sector boosted markets just enough to show gains, however other issues such as Brexit are still weighing down on a possible ...

  • giovanni archidiacono
  • 0 mins read

France's deficit reaches a 12-year low

According to national statistics agency Insee, France's budget deficit has fallen to a 12-year low of 2.5% in 2018, a greater-than-expected ...

  • giovanni archidiacono
  • 1 min read

Uber aquires Dubai-based rival Careem ahead of its IPO

Uber announced that it will finalize a deal to acquire ride-hailing competitor Careem for $3.1 billion. Founded in 2012, Dubai-based Careem ...

  • giovanni archidiacono
  • 0 mins read

Brexit leaves markets in suspense

The current Brexit conundrum has left the E.U. indices in suspense as a resolution to the whole issue is still unknown. The Stoxx 600 rose ...

  • giovanni archidiacono
  • 0 mins read

Duterte sticks to his decision of accepting Chinese loans

Philippine President Rodrigo Duterte isn’t budging on his decision to borrow from China for infrastructure funding, regardless of his ...

  • giovanni archidiacono
  • 0 mins read

OPEC production cuts steadies oil prices

Oil prices have begun the day steadily as supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela have boosted pri ...

  • giovanni archidiacono
  • 0 mins read

UK lawmakers take control over Brexit as May suffers another defeat

U.K. lawmakers have taken matters in their own hand as they voted to take control of the Brexit process away from Theresa May’s govern ...

  • giovanni archidiacono
  • 1 min read

US indices mixed as fears of growth lingers

Following Mueller’s report showing no evidence of Russian meddling in the Trump campaign, markets dwindled although the Dow managed to ...

  • giovanni archidiacono
  • 0 mins read

Apple to announce streaming service later today...and it will not include Netflix

Apple Inc. will shift its business further toward the services side as of today with announcements being made from the Cupertino HQ in Calif ...

  • giovanni archidiacono
  • 1 min read

Italy becomes the first of the 7 major economies to sign up to Beijing's "Belt Road" project

Italy signing a memorandum of understanding with China on Saturday supporting Beijing's "Belt and Road" initiative, which aims to weave a ne ...

  • giovanni archidiacono
  • 1 min read

EU markets trade mixed as German data improves

Eurozone indices traded mostly flat as German business data boosted sentiment. The Stoxx 600 closed considerably higher compared to Friday ...

  • giovanni archidiacono
  • 0 mins read

Asian indices suffer a bad start to the week as recession fears grip investors

Asian markets have had a terrible start to the week as a likely recession in the U.S. was signalled by an invert yield curve, along with wea ...

  • giovanni archidiacono
  • 0 mins read

Jakarta's MRT finally opens, but will it ease the congestion?

Indonesia’s long-awaited first subway has finally opened in the country’s capital Jakarta with the aim of easing the crippling t ...

  • giovanni archidiacono
  • 1 min read

Taiwan's Tsai on a tour to bolster diplomatic ties in Pacific

Taiwan’s  President Tsai Ing-wen has pledged a tourism boost and gifted a coast guard vessel to the remote Pacific microstate of ...

  • giovanni archidiacono
  • 2 mins read

Today's announcements and data releases, 25/3/2019

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

  • giovanni archidiacono
  • 0 mins read

Thai election results delayed as army-backed party leads the race

Palang Pracharat party has been leading in Thailand’s first election since a 2014 coup, with the unofficial result delayed until Monda ...

  • giovanni archidiacono
  • 0 mins read

Mueller's report on Trump shows no evidence of Russia's election meddling

U.S. Special Counsel Robert Mueller found no evidence of collusion between President Donald Trump’s election team and Russia in the 20 ...

  • giovanni archidiacono
  • 1 min read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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
  • 0 mins read

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

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
  • 0 mins read

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

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

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

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

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

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

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

Why Warren Buffett is big on big Banks..?

Warren Buffett has made his name  for having a good eye for value and as of recently he has his attention drawn to the big U.S. lenders ...

  • giovanni archidiacono