Investors Are Worried About The Fed’s FY22E Interest Rate
Although the September FFR increase of +75Bps has been Price In, investors are worried about the Fed’s FY22E interest rate hike to the level of 4.4% from the current 3.00%- 3.25%.
Daily Report | 27 September 2022
Dow Jones confirmed a bear market, complementing the previous bearish Nasdaq and S&P500, in April and June. The bear market is down more than 20% from its highest level every year.
A Monetary Dose of BI That Is Rarely Given
The increase in BI’s 7DRRR in September to +50Bps, is a monetary dose of BI that is rarely given. NHKSI Research sees BI Front Loaded Hawkish’s aggressive decision, in order to suppress inflation according to the target below 4% YoY until 1H23 ahead.
Weekly Report | 26 September 2022
BI 7DRRR September’s hike to +50Bps, is a BI’s monetary dose that is rarely given. NHKSI Research sees BI Front Loaded Hawkish’s aggressive decision, in order to suppress inflation according to the target below 4% YoY until 1H23 ahead.
Daily Report | 26 September 2022
Consumer Sector which is vulnerable to slowing economic growth, complementing the pressure on the Technology Sector which is sensitive to high interest rates, the Dow Jones closed down 400 points, breaking below the psychological level of 30,000 or the lowest level this year.
Investors Digested The Fed and BI Rate Hikes
Investors digested the Fed and BI rate hikes. The yield on SUN Benchmark short tenor FR90 rose 8 bps. Apart from the FFR increase which was in line with expectations, investors were also watching the September BI 7DRRR increase of +50 bps.
Daily Report | 23 September 2022
Lagging Indicator of the US labor market remains solid, the Fed’s continued Hawkish justification in November and December. US jobless claims for the week ending September 17, rose a modest 2% to as many as 213K claims, indicating the labor market remains resilient, amid the Fed’s aggressive tight monetary policy to cool inflation.
SUN Benchmarks Are Slightly Depressed
SUN Benchmarks are slightly depressed, ahead of the meeting of a number of Central Banks on Thursday West Indonesia Time, which is projected to return to Hawkish for the September period, including BI +25Bps (4.00%); The BoE +50Bps (2.25%) and the Fed +75Bps (3.00%-3.25%), according to a Bloomberg survey.
Daily Report | 22 September 2022
FFR Hattrick naik +75Bps, mendorong Lending Rate Big Bank AS ke level tertinggi sejak krisis Subprime Mortgage. Wall Street bergerak menguat awal perdagangan, seiring sentimen kenaikan FFR September +75Bps (menjadi 3,00%-3,25%) Price In.
