1. Financial markets held steady ahead of a series of key events Thursday, with U.S. stocks seeking to halt a two-day slide and Treasuries slumping. Signs the European Central Bank won’t strike a hawkish tone boosted European equities and sank the euro.
Link : https://www.bloomberg.com/news/articles/2017-06-06/investors-remain-cautious-as-treasuries-gain-markets-wrap
2. Investors are focused on the so-called “Super Thursday” trio events.
Link : http://www.marketwatch.com/story/wall-street-stocks-becalmed-as-investors-get-ready-for-super-thursday-2017-06-07
3. The west’s leading economic thinktank has predicted a tentative recovery for the global economy.
Link : https://www.theguardian.com/business/2017/jun/07/oecd-outlook-global-economy-uk-brexit-us-risks
+ Additional News +
- Indonesians can now purchase US-made Tesla Model X electronic luxury cars with price tags starting from US$200,000.
Link : http://www.thejakartapost.com/news/2017/06/07/tesla-model-x-electric-cars-to-hit-indonesian-roads.html
- Indonesia and the United States organized the Aviation Working Group, or AWG, in which participants discussed developments in the aviation sector.
Link : http://jakartaglobe.id/news/indonesia-us-strengthen-cooperation-civil-aviation/
- Afghanistan has expressed interest to import Indonesian products.
Link : https://en.tempo.co/read/news/2017/06/07/056882166/Indonesia-Eyeing-Export-Opportunities-to-Afghanistan
- The Bank of Japan is set to upgrade its economic assessment as early as next week to signal its growing conviction the recovery.
Link : https://www.nytimes.com/reuters/2017/06/07/business/07reuters-japan-economy-boj.html
- The OECD warned world leaders that protectionist politics risk undermining an investment recovery.
Link : https://www.bloomberg.com/news/articles/2017-06-07/oecd-warns-protectionist-rhetoric-undermining-investment-rebound
- Some banks in Saudi Arabia, the United Arab Emirates and Bahrain are cutting their exposure to Qatar amid concerns of a widening of the blockade.
Link : https://www.bloomberg.com/news/articles/2017-06-07/gulf-banks-said-to-cut-qatar-exposure-as-wider-sanctions-seen
- China's consumer price index (CPI) in May, a main gauge of inflation, is expected to pick up from April, with the food price decline likely to narrow.
Link : http://www.china.org.cn/china/Off_the_Wire/2017-06/07/content_40983877.htm
- Republik Investor News -
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