Commentary
Add as a preferred source on GoogleIf Bank Indonesia (BI) eases further, it will likely exacerbate recent IDR weakness. As such, there is a risk to the view that further easing may be postponed to provide some degree of IDR stability. Standard Chartered n…
If Bank Indonesia (BI) eases further, it will likely exacerbate recent IDR weakness.
As such, there is a risk to the view that further easing may be postponed to provide some degree of IDR stability.
Standard Chartered notes as follows...
In the event of a BI rate cut, we expect IDR selling pressure to re-emerge, given relatively weak fundamentals.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
