US10YT Almost Got to Test Support From Level Previous Low at Yield 3.783%
The weekly Initial Jobless Claims for the week ended January 27 rose to 224,000, higher than expectations of 213,000 and the highest level since mid-November.
Daily Report | 2 February 2024
The Dow Jones closed up 1% on the first day of trading in February 2024, recording a new record high on the back of buying in Technology stocks ahead of the crucial monthly employment report due on Friday.
It Is Unlikely That The Fed Will Cut Interest Rates
Federal Reserve Chairman Jerome Powell said that it is unlikely that the Fed will cut interest rates in March, dashing hopes of a faster rate cut that fueled a sell-off in Tech sector stocks.
Daily Report | 1 February 2024
The Dow Jones Industrial Average slumped 0.8% in the last trading day of January (31/1/24), as Federal Reserve Chairman Jerome Powell said that it is unlikely that the Fed will cut interest rates in March, dashing hopes of a faster rate cut that fueled a sell-off in Tech sector stocks.
US10YT Slipped Out of The PARALLEL CHANNEL Uptrend Pattern
The US Labor Department reported 9.026 million job creation in the latest December JOLTs job openings data, higher than the previous estimate of 8.75 million and also from Nov 8.925 million.
Daily Report | 31 January 2024
The Dow Jones Industrial Average closed at a record high for the second consecutive day on Tuesday (30/01/24), on the back of 4Q23 earnings sentiment from major tech companies and economic data showing labor market strength, amid the FOMC Meeting.
US Treasury Yields Declined
US Treasury yields declined, following the easing of concerns over planned US Treasury borrowing levels, from a previous USD 816 billion down to USD 760 billion. The Federal Reserve’s FOMC Meeting will commence on Tuesday, which is expected to result in a decision to hold interest rates at current levels; furthermore, investors will be on the lookout for clues regarding a rate cut.
Daily Report | 30 January 2024
The DJIA and S&P 500 rallied to a record close on Monday (29/01/24), as investors added to bullish positions in the Technology sector ahead of earnings reports from several large-cap tech companies, plus key macroeconomic events including the Federal Reserve’s FOMC Meeting and the monthly labor report due later this week.
Information of PT Satu Visi Putra Tbk (VISI) IPO
Kegiatan usaha Perseroan berdasarkan anggaran dasar adalah di bidang: (i) Perdagangan Besar Bahan dan Barang Kimia (KBLI 46651); (ii) Perdagangan Besar Produk Lainnya YTDL (KBLI 46699); dan (iii) Perdagangan Besar Barang Lainnya dari Tekstil (KBLI 46414), namun kegiatan usaha yang telah benar-benar dijalankan saat ini adalah Perdagangan Besar untuk Bahan Advertising dan Printing seperti Banner, Display, Tinta dan PVC Board.
