Fed Officials Are Sharing The Same Hawkish Tone

Fed Officials are sharing the same hawkish tone that they will probably need to raise interest rates to “just above” 5% and hold them there for a period, worries mounted that an aggressive stance by central banks could push the global economy into a slowdown.

Daily Report | 20 January 2023

Wall Street stocks continued to consolidate as worries mounted that an overly hawkish tone by the US central bank could push the US economy into recession. Meanwhile, European shares recorded their biggest daily saleoff of the year, confirming a global stock index was in negative territory for three consecutive days.

Daily Report | 19 January 2023

All three Wall Street indices fell quite significantly, led by the Dow Jones, which depreciated 1.81% or 613 points, followed by the S&P lost 1.56%, and the Nasdaq dropped 1.24%, paced by weak economic data, which fueled a contracting economy and recession worries.

Information of PT Pelita Teknologi Global Tbk (CHIP) IPO

Perseroan didirikan pada tahun 2017 di Jakarta, dan berfokus pada jasa teknologi informasi dan industri Smart Card. Sejak didirikan pada tahun 2017 hingga 2020 Perseroan masih merumuskan dan membentuk manajemen dan tim ahli untuk persiapan operasional dan melakukan penetrasi pasar.

European Central Bank Policymakers

European Central Bank policymakers are reportedly considering a slower pace of interest rate hikes. The 50 basis-point increase in February signaled by ECB President Christine Lagarde remains likely, but the possibility of a smaller 25-point rise in March is possible. This matter is based on the premise that the inflation rate is seen to ease in the euro area as the natural gas prices fall and the potential of a more dovish move by the US Federal Reserve.

Daily Report | 18 January 2023

Dow Jones slipped by more than 1% on Tuesday, paced by a rout in Goldman Sachs after Wall Street delivered its worst earnings miss in a decade. However, a significant rise in Tesla kept the Nasdaq in positive territory as earnings season started to dominate the market atmosphere.

Information of PT Penta Valent Tbk (PEVE) IPO

Perseroan ini adalah distributor produk-produk farmasi dan barang-barang konsumsi seperti kosmetik, personal care, toiletries dan household di Indonesia melalui 34 cabang dengan jangkauan nasional.

Information of PT Haloni Jane Tbk (HALO) IPO

Kegiatan usaha utama Perseroan adalah di bidang Industri barang dari karet untuk kesehatan. Secara spesifik, Perseroan saat ini melakukan kegiatan produksi sarung tangan karet dari bahan baku lateks yang digunakan untuk berbagai keperluan terutama penggunaan untuk medis dengan merek dagang antara lain Shamrock Gloves dan Myguard Gloves.

The US House of Representatives is Bracing to Raise The Federal Debt Ceiling

The US House of Representatives is bracing to raise the federal debt ceiling before the country shoots itself in the foot with a voluntary default. Treasury Secretary Janet Yellen told both the US government and Congress that they will hit the Congressionally-approved ceiling on Thursday.