Anti Zero-Covid demonstration that led to China’s domestic political tension will impact the country as the world’s second-largest economy. At the beginning of the week, investors tend to be Risk-On on the Safe Haven, with yields falling on UST2Y and UST10Y, contrasting with Wall Street stock markets that consistently move in the red zone.
Anti Zero-Covid demonstration that led to China’s domestic political tension will impact the country as the world’s second-largest economy. At the beginning of the week, investors tend to be Risk-On on the Safe Haven, with yields falling on UST2Y and UST10Y, contrasting with Wall Street stock markets that consistently move in the red zone.
During a week, the SUN market was relatively flat, in line with the lack of domestic economic sentiment, and investors took a wait and see attitude to wait for the results of the FOMC Meeting Minutes. The minutes of the Fed show that the US Central Bank may begin to ease the pace of FFR increases, complementing other US economic data, such as: Unemployment Rate Oct. which rose to a level of 3.7%; and sloping CPI and PPI inflation.
Big Tech. not yet able to convince investors, as the Technology Sector depreciated by 6% for the week. Investors are looking forward to the next move of this sector’s stocks amid the company’s expense challenges and the BI 7DRR benchmark interest rate, which reached the level of 5.25%.
Wall Street Vs. Main Street. Investors are focused on retail stocks, a benchmark for consumer confidence, as high inflation and rising interest rates heavily weigh Main Street while also overshadowing Black Friday sales.
The US dollar is coming near to a 3-month low after the Fed signaled a lower FFR hike in December. As Wall Street celebrating Thanksgiving holiday, European stock markets continued their gains, with Germany’s IFO business climate index surpassed expectations, complementing some optimist data from France.
The US dollar is coming near to a 3-month low after the Fed signaled a lower FFR hike in December. As Wall Street celebrating Thanksgiving holiday, European stock markets continued their gains, with Germany’s IFO business climate index surpassed expectations, complementing some optimist data from France.
Jobless claims increased by 8% WoW amid several technology sector layoffs. The efficiency efforts of several technology issuers in order to maintain healthier performance, along with the results of the FOMC Meeting Minutes on Wednesday local time, which showed the FFR increase may soon slow down.
Investors are interested in FR96. Investors are interested in FR96, book entry offers of up to IDR 10.3 Trillion, the highest compared to other series which is in the range of IDR 537 Billion to IDR 8.8 Trillion.
