14 September 2021
The United States (US) dollar strengthened to its highest in two weeks compared to other major currencies on Monday, as market expectations about the possibility of the Federal Reserve starting tapering stimulus increased. The US Dollar Index rose 0.3% to 92.88 in early trade, its highest level since Aug. 27. The benchmark 10-year government bond yield FR0087 closed up 1.3 bps to 6.13%.
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13 September 2021
The benchmark 5-year and 10-year yields fell nearly 3bps, according to Bloomberg data. In addition to weekly jobless claims in the United States (US) falling to 310,000, market participants also anticipate the release of US CPI data, which is projected to remain high. Investors are also watching for comments by Cleveland Federal Reserve officials who want tapering to begin later this year.
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10 September 2021
Market participants again responded negatively, the Consumer Confidence Index which is still in the pessimistic zone. Investors also responded negatively to the release of retail sales data.
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9 September 2021
The Consumer Confidence Index (CCI) for the August period was again in the pessimistic zone, or even at a lower level than the previous month.
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8 September 2021
Based on data from the Directorate General of Financing and Risk Management, it recorded an incoming bid of IDR 56.6 trillion. This figure exceeds the previous sukuk auction value of IDR 52.46 trillion.
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