Ahead of his Inauguration, Prabowo Inherits Foreign Debt by Jokowi Reaching IDR 6,468 Trillion
US MARKETS: Investors continue to digest clues on interest rates from the Federal Reserve, a day ahead of the latest US inflation data for Sept.
Daily Report | 10 October 2024
The S&P 500 and other US indices closed higher on Wednesday (09/10/24) as investors continued to digest clues on interest rates from the Federal Reserve, a day ahead of the latest US inflation data for Sept and the Tesla robotaxi event.
Auction of Seven SBSN Series: Government Raises IDR 7.75 Trillion in Funds
The market is currently awaiting the US CPI data, which will be released this Thursday (in addition to the FED MINUTES) for further clues on the Fed’s interest rate and review of the deteriorating labor market.
Daily Report | 9 October 2024
Wall Street closed higher on Tuesday (08/10/24) on the back of buying in Technology stocks as investors awaited US Inflation data and the start of Q3 earnings releases; after falling around 1% due to selling pressure on Monday from a spike in US Treasury yields, rising Middle East tensions, and a re-evaluation of US interest rate cut expectations.
OJK Records Issuance of Green Bonds and Sukuk Reaching IDR 36.4 Trillion
Yields on 10-year Treasuries hit 4%, as investors readjusted their views on the Federal Reserve’s interest rate direction.
Daily Report | 8 October 2024
Global stock indices fell in Monday’s trading (07/10/24) and US bond yields rose, with the yield on the 10-year note hitting 4%, as investors readjusted their views on the Federal Reserve’s interest rate direction.
Weekly Report | 7 October 2024
US JOBS REPORT (Sept) CONFIRMS US ECONOMY IS FAR FROM RECESSION.
Government Debt IDR 8,461 T as of August, Down IDR 40.76 T Ahead of Jokowi Stepping Down
The stronger-than-expected NONFARM PAYROLL report reassured investors concerned that the US economy is still far from recession.
Daily Report | 7 October 2024
The Dow Jones Industrial Average closed in a high on Friday (04/10/24) and the NASDAQ ended with a gain of more than 1% on the back of a stronger -than-expected NONFARM PAYROLL report reassuring investors concerned that the US economy is still far from recession.
