News

Monthly Macro Review : Anxious Month

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The last quarter of 2023 started with October witnessing significant economic pressures. Indonesia faced a series of issues.

Weekly Market Recap 20 – 24 November 2023

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IHSG finally closed above 7,000 with a weekly increase of 0.5% wow (7,009). LQ45 rose 0.8% wow to 924.

Weekly Market Recap 13 – 17 November 2023

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The Brent oil price has decreased to USD 77/barrel, accompanied by a weakening in the dollar index (DXY) to 103.

Weekly Market Recap 6 – 10 November 2023

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The third-quarter GDP growth of Indonesia recorded 4.94% YoY, with sustained consumption growth at 5.06% YoY.

Money Market Commentary : October 2023

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The monetary move is to defend the exchange rate of the Rupiah that depreciated nearing Rp 16.000 per US Dollar.

Bond Market Commentary : October 2023

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Global bond market continued the correction in Oct ’23. The market anticipated higher US inflation due to a resilient economy and higher oil prices.

Equity Market Commentary : October 2023

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The market has anticipated higher US inflation due to a resilient economy and higher oil prices.

Weekly Market Recap 30 October – 3 November 2023

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The anticipation for the key interest rate hikes from the main central banks, namely the Fed, ECB, and BoE, seems to have materialized.

Weekly Market Recap 23 – 27 October 2023

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In September 2023, there was an increase in budget expenditure to Rp293 trillion, from Rp213 trillion (14% YoY).

Monthly Macro Review : Transition Point

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The third quarter has concluded, and the global economy is transitioning to monetary policy easing after a tight period due to inflation.