Sunday Ill November 2019 Latest Publisher 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 by the data of Japanese and Chinese economic data which shows the signal to continue the economic slowdown, and the uncertainty of the development of the US-China trade agreement becomes a negative sentiment that suppresses regional market performance last week. From domestic, export value (export value ( +5.9% Mom) and Import (+3.6% Mom) Indonesia in October 2019, each rising to the level of USD 14.9 billion and USD 14.7 billion, which brought a surplus trade balance of USD 161.3 million . The October surplus exceeds the median of market expectations of a deficit of USD 300 million. On an annual, export and import still experiencing contractions of 6.1% and 16.4%. From the Japanese economy, GDP Q3 2019 grew 0.1% QoQ (vs 0.2% QoQ Consensus), slowing compared to 0, 4% QoQ in the previous quarter. On an annual annual, Japanese GDP grows slow down from 1.8 percent (Q2 2019) to 0.2 percent in Q3 2019. The sluggish global economy suppresses export performance, and domestic consumption tends to slow down. The price of goods and services at the Japanese producer level (Producer Price Index ) decreased 0.4% yoy in Buian October 2019, following a decline of 1.1% yoy in the previous buian. Capital expenditure in Core Machinery Orders in September dropped 2.9% Mom, following a decline of 2.4% Mom in the previous month. Along with the contraction of Japanese manufacturing activities, company capital expenditure was also eroded. From the Chinese economy, the National Bureau of Statistics (NBS) data shows the development of China`s economic development. The investment of China`s fixed assets grew 5.2% ytd/y (vs. 5.4% consensus) in the January-October 2019 period. Industrial output in October grew 4.7% yoy (vs. 5.5% consensus), slowed compared to the previous month amounting to 5.8% yoy. October retail sales grew sluggish from 7.8% yoy, to 7.2% yoy (vs 7.8% yoy consensus). The unemployment rate decreased from 5.2% to 5.1%. From the US economy, retail sales in October 2019 increased 0.3% Mom (vs 0.2% Mom Consensus), following a decline of 0.3% Mom in the month previously. Consumer spending on motor vehicle products, BBM, and food and drinks recorded higher. But annually, retail spending growth slows from 4.1% yoy to 3.1% yoy. In the manufacturing sector, the US industry output declined from -0.3% Mom to -0.8% Mom, especially the manufacturing and mining sector . Manufacturing contractions occur in the motor vehicle industry which was hit by strikes. The US industrial capacity utility also declined from 77.5% to 76.7%, the lowest since September 2017. The NFIB Small Business Optimism Index Indicator in October Buian rose 0.6 points to 102.4 (vs 103.5 market expectations). Small and medium scale business optimism tends to be solid and increase. The absorption of labor and compensation has increased. The business people also plan to increase their capital spending in the coming period. The US inflation level records an increase above market predictions. In October 2019, the consumer price level rose 0.4% Mom (vs +0.3% Mom consensus), faster than the previous month which tends to be flat. Annually, the inflation rate rose from 1.7% yoy to 1.8% yoy. The price of food and health services components is recorded to increase rapidly, while relatively stable for housing components, and transportation services. Claims of weekly unemployment allowances (as of November 9, 2019) increased by 14 thousand applications to 225 thousand applications. The average 4 weekly reaches 217 thousand applications, or 1,750 applications higher than the previous week. Furthermore, the price of goods and services at the producer level (Producer Price Index) rose 0.4% Mom in Buian October, after decreased 0.3% Mom in the previous buian. Annually, the price of producers grows 1.1% yoy, the lowest increase in 3 years. , Existing Home Sales, Leading Indexjapang: Flash PMI, Export-Lmpor Eu: Flash PMI, Consumer Confidence China: Flash PMI, Loan Prime Rate (1y & Sy) Indonesia: Bank Indonesia 7DRR Source: Danareksa Research Institute. Photo by Shaah Shahidh on Unsplash