Weekly Report | 2 September 2024
HELLO SEPTEMBER! US PCE PRICE INDEX & US GDP: INFLATION SAFELY CONTROLLED WHILE ECONOMY GROWS.
Here are 7 Series of Government Securities (SUN) Auctioned Tomorrow Tuesday (3/9)
CORE PCE PRICE INDEX came in as expected at 0.2% mom and 2.6% yoy in July. CHICAGO PMI in Aug improved slightly although still in contraction territory.
Daily Report | 2 September 2024
Stocks on Wall Street rose and the Dow Jones Industrial Average recorded its second consecutive record closing high on Friday, with Tesla and Amazon surging after new US economic data raised expectations that the Federal Reserve will cut interest rates moderately in September.
Government Says Indonesia’s Debt is Not That Big
tronger US economic data helped ease recession fears. GDP growth for the second quarter came in at 3%, surpassing expectations and up from 1.4% in the first quarter.
Daily Report | 30 August 2024
On Thursday trading (29/08/24), Wall Street closed mixed amid falling Nvidia share prices which pressured the Technology sector. On the other hand, stronger US economic data helped ease recession fears.
South Sumatra Potentially Issues Regional Bonds
Investors in general expect the US Federal Reserve to cut interest rates at its September meeting after Fed Chairman Jerome Powell’s support expressed readiness to adjust monetary policy going forward.
Daily Report | 29 August 2024
US stocks fell in Wednesday’s trading ahead of the quarterly report from NVIDIA, which is the main highlight on Wall Street this week (besides the US PCE PRICE INDEX data) and could either shake up or add new fuel to the rally driven by optimism around artificial intelligence (AI).
Sukuk Auction Festive When Foreign Flows to RI Peaked
CB Consumer Confidence rose to a six-month high in August as fears of an economic recession eased despite Americans growing increasingly anxious about the labor market, according to data on Tuesday.
Daily Report | 28 August 2024
Global stock indexes managed to close in positive territory in a fluctuating trading session while oil prices fell on Tuesday (27/08/24) as investors weighed geopolitical risks as well as Nvidia’s upcoming earnings report and US inflation data.
