Daily Report | 19 April 2022
Indonesia’s trade performance supported the JCI. At the start of trading earlier in the week, JCI continued to move in the positive territory, closing up 0.6% to a level of 7,275.
The highest US inflation since 1981
Investors’ confidence that inflation in the United States (US) this March, had reached its peak, before the Fed’s aggressive monetary policy caused the benchmark Government Bonds (SUN) to move mixed at the weekend.
Weekly Report | 18 April 2022
Market participants will observe BI’s stance, as the central bank will only increase the BI 7-DRRR if a fundamental inflation, in which the main indicator is rising core inflation, happens.
Daily Report | 18 April 2022
Market participants are watching BI’s Dovish stance, which will only increase the BI 7-DRRR if there is a fundamental increase in inflation, where the indicator is an increase in core inflation.
SUN Benchmark Back
Stock market participants believe that US inflation is in line with market expectations, and view that US inflation has now reached its peak before the speculation of a 50 bps increase in the Fed Funds Rate, in May, June and July.
Daily Report | 14 April 2022
Five of the eleven sectors strengthened, with energy (+3.5%) and infrastructure (+2.1%) leading the gain.
SUN Benchmark amid Significant Increase in FFR
The domestic bond market responded negatively to speculations of a 50 bps increase in the Fed Funds Rate (FFR) at the Fed’s May, June, and July meetings, respectively.
Daily Report | 13 April 2022
JCI opened higher to touch 7,248, which then briefly weakened to a level of 7,147, as investors waited for the release of March US inflation data which was projected to rise.
SUN Market Pressed Ahead of US Inflation Data
In yesterday’s trading, market participants were waiting for the release of data on the Consumer Price Index (CPI) of the United States (US) for the annual period of March, which is projected to be 50 bps higher than the previous month. If this happened, it would be the highest US inflation since 1981.
