Sunday V January 2020 Latest Published and Economic Events Color the movement of regional and domestic markets in the past week. Dri summarizes a number of main points that are considered to affect market performance, as follows the worsening of the corona virus epidemic has a negative impact on the performance of the global market. Market participants are worried about the big impact due to the rapid and massive spread of viruses. WHO even announced this virus outbreak into a global emergency situation as a "extraordinary event". China confirmed the increase in the case to 11,791, with 259 victims at the end of last week. The number of cases of Corona infection has now exceeded the number of cases of China SARS in 2002-2003, with a higher speed. WHO data shows that the SARS outbreak in China reached 5,327 cases in a period of 6 months (1 Nov 2002 - 31 July 2003). Indonesian Domestic Economy, Danareksa Buian Consumer Trust Index January 2020 fell to the level of 102.4 from the December 104.9 level. Consumer assessment of current economic, business and family income conditions and prospects has decreased. Consumers are worried about rising inflation following the increase in a number of components such as food prices, BPJS contributions, cigarettes, and toll rates. Japanese Economy Credit Rating Agency (JCR) raises Indonesian debt ratings from BBB (positive outlook) to BBB+(stable outlook). JCR assesses that Indonesia`s economic growth remains strongly driven by domestic consumption, with the APBN deficit and the central government`s debt is still maintained. Indonesia is considered to be resistant to external turmoil due to flexible monetary policy and supports exchange rate stability. From the Japanese economy, the Japanese consumer confidence index in January 2020 is stable at the level of 39.1 as before. Japanese household assessment of environmental conditions and revenue growth tends to decrease from the previous survey, while the perception of employment and long -lasting goods purchase plans records an increase. Japanese industry output grew 1.3% mom in December 2019 (vs. Exp: +0, 7% Mom), after having decreased by 1% Mom in the previous buian. Increased production occurs in the machine industry, and electronic parts. Although monthly improves, Japanese industry production output is down 3 percent annually, or under market expectations, which are minus 2.4% yoy. Japan`s retail sales in December 2019 grew to slow down to 0.2% mom from 4.5% mom in the previous month . Annually, retail spending still decreased 2.6% yoy, especially for clothing products, motorized vehicles, machinery and equipment, and BBM. European European economy, the British eventually officially left the European Union on January 31, 2020. The Brexit process for 3.5 years has led to political shocks, economic uncertainty, and escalation of regional relations with the European Union. Furthermore, the British will enter the transition period, which positions the registration remain a member of the European Union`s sole market and customs until the end of 2020, as the process of trade negotiations with Europe. The Chinekari Economy of the Chinese economy, Manufacturing Indicator-PMI published by the Chinese government in January 2020 dropped to the level of 50.0 from the December 50.2 level. New orders and production output recorded an increase, while export demand and labor absorption declined. Chinese manufacturing activities are threatened with contraction, as the impact of the spread of the Corona virus. The United States economy (US) in terms of the US economy, The Fed maintains the target of FFR benchmark interest rates at 1.50% -1, 75% at the January 2020 meeting, or in line with market expectations. Monetary policy is currently taken with consideration of moderate US economic activities, solid labor market conditions, and inflation targets of 2 percent. The Fed also sets interest on the Excess Reserve (IOER) level raised by 5 bps to 1.6%, to push the interest rate in the money market (Fed Funds Market) remains in the FOMC target range. Early Estimated Bureau of Economic Analysis shows that the US economy Q4 2019 grew 2.3% yoy (vs Q3 2019: 2.1% & Q4 2018: 2.5%). Compared to Q4 2018, household spending is stable at 2.6% yoy, exports grow slow down 0.2% yoy, investment and imports each contract -1.9% yoy and -2.2% yoy. Whereas government spending grew expansive of 3.0% yoy. In the US housing sector, a home sales contract grew 4.6% yoy in December 2019, slower than November growth of 7.9% yoy. Sales contracts tend to decline in all US regions at the end of last year. The sale of the new site (new home sales) in December declined 0.4% mom (expression:+1.5% mom) to 694 thousand (sa annual rate), following a 1.1% decline in the previous month. Although it continues to weaken in the last 3 months, in the 2019 Jan-DES period, house sales grew 10.3% as many as 681 thousand units, or the highest level since 2006. The order of durable goods orders) received by the manufacturer grew 2.4% Mom (Eks:+0.4% Mom) in December 2019, after the previous month dropped 3.1% Mom. This was encouraged by the shot of military orders after the US Congress approved the US military spending plan. The increase in orders in the defense and security products offset the decline in the demand for commercial aircraft products, motorized vehicles, and spare parts. Consumer confidence published by The Conference Board in January 2020 rose from 128.2 to 131.6. US household optimism is supported by a positive assessment of the current labor market and future employment prospects. The personal income and expenditure of the people in December grows respectively to 0.2% Mom and 0.3% Mom from 0.4% Mom in the previous month. Personal Consumption Expenditure (PCE) Price Index increased 0.3% Mom in Buian December 2019, after an increase of 0.1% Mom in the previous buian. Annually, the PCE Price Index increased from 1.4% yoy to 1.6% yoy. The claim of weekly unemployment allowances (as of January 25, 2020) decreased 7 thousand applications to 216 thousand applications. The average 4 weekly reaches 214,500 applications or 1,750 applications lower than the previous week. Week 1 February 2020 Several economic indicators that need to be examined next week, among others USA: Markit US PMI, ISM Manufacturing Index, Factory Orders, Adp Employment Change, Trade Balance, Unemployment Allowance Claim China: Caixin PMI, Trade Balance, Inflation rate EU: Markit Manufacturing PMI, PPI, Retail Sales, Sentix Investor Confidence Indonesia: January 2020 inflation rate, GDP Q4 2019, Devisasas Source Reserves: Danareksa Research Institute Photo by Macau Photo Agency on Unsplash