Daily Report | 2 July 2024
The three major US indexes started the first week of July (which was cut short by the 4th of July Independence Day holiday on Thursday) on a positive note, riding on the wave of the bull rally of the previous quarter.
Weekly Report | 1 July 2024
THE S&P500 AND NASDAQ INDEXS MARKED QUARTERLY GAINS
IDX Records Total Bonds and Sukuk throughout 2024 Reach IDR 56.37 Trillion
US10YT appears to be holding back towards MA50 Resistance / yield of 4.42%. After that level, the yield will have the potential to strengthen towards the upper channel Resistance at a yield of 4.51%.
Daily Report | 1 July 2024
Global stock indexes edged lower on Friday, reversing early session gains as investors digested data showing US inflation cooled in May in line with expectations, while US bond yields turned higher.
Daily Report | 28 June 2024
The US stock market ended flat on Thursday (06/27/24) with the NASDAQ leading the gains by edging up 0.3% as investors await the latest inflation benchmark data aka the PCE price index this Friday at around 7:30 pm GMT, after the data showed the slowdown in economic activity continued, raising investors’ hopes for an interest rate cut soon this year.
Government to Hold SBSN Auction Next Week to Meet 2024 State Budget Target
Investors took a wait-and-see stance ahead of the presidential debate and a closely monitored inflation report by the Federal Reserve.
Daily Report | 27 June 2024
Major US stock indexes saw modest gains on Wednesday (26/06/24) after a fairly volatile trading session, where investors took a wait-and-see stance ahead of the presidential debate and a closely monitored inflation report by the Federal Reserve.
Government Absorbs IDR 23 Trillion Funds from Seven SUN Series Auction
The market players are also looking forward to Friday’s PCE price index data, which could provide further clues about the US Inflation picture and when the Federal Reserve might start cutting interest rates.
Daily Report | 26 June 2024
Most global stock markets rose on Tuesday trading (25/06/24), with shares of AI chipmaker NVIDIA recovering after a three-day slide, while the Dollar strengthened slightly against the Japanese Yen.
