9 May 2023
US stocks investors held flat ahead the US Inflation (Apr.) data scheduled for release this Wednesday (07.30 pm GMT), where monthly CPI is predicted to creep up 0.4% MoM (vs. 0.1% previous month).
Research
8 April 2026
Wall Street indexes closed mostly flat on Tuesday, but managed to rebound from intraday...
Research
7 April 2026
In the FY25 period, TBIG recorded revenue of IDR 6.91 trillion, a slight increase of +0...
9 May 2023
US stocks investors held flat ahead the US Inflation (Apr.) data scheduled for release this Wednesday (07.30 pm GMT), where monthly CPI is predicted to creep up 0.4% MoM (vs. 0.1% previous month).
8 May 2023
The Dow Jones and others closed last week with a significant gain of between 1.7%- 2.3%, buoyed by the rally in technology stocks led by Apple as well as the release of Nonfarm Payrolls (Apr.) employment data last Friday which came in at 253k, much higher than the forecast of 180k and the previous period's 165k; thereby eliminating concerns of a global recession threat.
5 May 2023
All three major Wall Street indexes ended lower in negative territory of less than 1% as latest US bank crisis threat emerged from PacWest Bancorp whose share price plunged 51% and dragged down other regional bank stocks. PacWest Bancorp confirmed it was exploring strategic options, including the possibility of having to sell its assets.
4 May 2023
The US stocks gave up gains to close lower after comments by Federal Reserve Chair Jerome Powell, following the US Central Bank's decision to raise interest rates by 25 bps (as expected) to 5%-5.25%, which is the highest level since 2007; and signalled that they could put brakes on the rate hike (rate pause) in June, although incoming data will still determine future decisions.
3 May 2023
All three major US indexes fell more than 1% on Tuesday (02/05/23) as regional bank shares tumbled on renewed fears over the financial system, following the news regarding JPMorgan's purchase on First Republic Bank assets'; as investors tried to gauge how much raise the Federal Reserve may need for the interest rates at the FOMC Meeting decision, which can be seen early Thursday morning at 01.00 WIB.