Government spending up 15.3% yoy, revenues grow 1.2%, deficit hits 1.8% of GDP. Social aid increases to boost purchasing power.
BI holds rates in November 2024. Money market products and corporate bonds offer high yields as year-end approaches.
US election and rising Treasury yields trigger global bond correction. IndoGB remains attractive, backed by Rupiah stability and SRBI.
Trump re-elected, boosting US markets. Rupiah drops 5% to Rp15,900, domestic stocks decline, but recovery opportunities remain strong.
Republican win in US election boosts market sentiment, supported by deregulation, tax cuts, and active share buybacks.
Trump plans tax cuts, higher tariffs, fueling 2025 US inflation above 2%. US economy outpaces Europe, ECB rate cuts expected.
Indonesia recorded a BoP surplus of USD 5.9 billion in 3Q24, with a lower current account deficit and a higher financial account surplus.
Investors focus on the US election and Indonesia’s new government. Market optimism grows due to continuity in economic policies.
US election impact clear as DXY surpasses 105. Rising US tariffs, but Indonesia’s export potential stays strong with stimulus.
Trump re-elected, EM and Indonesian markets pressured. IHSG and Rupiah decline similar to 2016, S&P strengthens, Fed cuts rates.
