Daily Report | 25 July 2022
Nasdaq fell 1.9%, as Social Media and Ad.Tech shares weakened. Meanwhile, the rise in shares of American Express issuer following an optimistic forecast, offset Wall Street’s pressure.
Daily Report | 22 July 2022
Wall Street stocks rose, driven by large-cap growth stocks. Nasdaq lead gains, up 1.4%; followed by the S&P500 0.9% and the Dow Jones 0.5%.
USD Actually Weakened Ahead of the Fed’s Aggressive Hawkish End of July
USD actually weakened ahead of the Fed’s aggressive Hawkish end of July, along with the US potential. The US Dollar Index DXY fell to a level of 106.68 or reached its highest level of 108.54 last week.
Daily Report | 21 July 2022
Investors expect the market to have bottomed out, as the USD’s safe-haven demand eases. The USD DXY index, which had jumped to its highest level of 108.5 last week, fell to 106.4 yesterday.
Daily Report | 20 July 2022
Soaring mortgage rates put pressure on US properties, as credit purchases dominate. Property which is very sensitive to changes in interest rates weakened as the Fed’s Hawkish.
Investors Expect Higher Yields
Investors Expect Higher Yields. The government managed to win IDR 11.8 trillion in the SUN auction yesterday.
SUN Benchmark Mixed Early Week
SUN Benchmark Mixed Early Week. The market movement at the beginning of the week was amid the wait and see attitude of investors.
Daily Report | 19 July 2022
Slowing Loan Growth and Loan Quality in Banking Outlook. Wall Street was lower at the beginning of the week, with the S&P500 and Nasdaq down 0.8%; Dow Jones down 0.7%.
Investors Avoid Short Tenors, FR0090 Records 13 Bps Yield Increase
IInvestors avoid short tenors, FR0090 records 13 bps yield increase. Over the weekend, all benchmark government securities recorded an increase in yields, amidst the wait for the results of the BI RDG this week.
