13 September 2022
SUN Benchmark strengthened earlier in the week, amid investors still calculating the impact of the increase in subsidized fuel. Previously, BI reported that the inflation rate until the second week of September 2022 was 0.77% MoM, with the main commodities contributing to inflation including gasoline, rice and transportation fares.
READ MORE
12 September 2022
SUN Benchmark strengthened over the weekend, amid sentiment from the European continent's energy crisis that the price of coal on the Newcastle ICE market touched a new record level of USD461.07/Ton, or up nearly 6% after Gazprom stopped indefinitely supplying natural gas to the Eurozone.
READ MORE
8 September 2022
In addition to the ECB's monetary policy, investors are also looking forward to the US jobless claims data and Powell's speech. Based on a Bloomberg survey, the ECB Main Refinancing Rate Sept. is projected to rise +75Bps to 1.25% (Vs. Aug. 0.50%), with US Initial Jobless Claims ending September 3 projected to be maintained at 235K claims.
READ MORE
7 September 2022
High yield expectations, the Government did not win PBS34. Bids entered in yesterday's Sukuk auction were IDR 24.1 trillion, lower than the previous Sukuk auction of IDR 28.5 trillion.
READ MORE
6 September 2022
Amid the Wall Street holiday commemorating Labor Day, rising gas prices and continued contraction in manufacturing in the Eurozone made the majority of European stock markets close lower.
READ MORE