Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Indonesia’s exports rose 11.29% year-on-year in June 2025 to $23.44 billion, beating economists’ forecasts of 10.41%, according to data released by the country’s statistics bureau on Friday. The increase was driven by strong shipments to the United States as exporters rushed orders ahead of new tariff negotiations.
Jakarta recently reached an agreement with Washington to reduce U.S. tariffs on Indonesian goods to 19%, down from a previously threatened 32%, ahead of the August 1 deadline set by President Donald Trump. The deal includes Indonesia’s commitment to remove most tariffs on U.S. industrial and agricultural products and boost imports of American goods.
Trump signed an executive order confirming the new tariff rates will take effect within seven days. The tariff reprieve is expected to support Indonesia’s trade performance in the coming months, especially as the U.S. remains one of its key export markets.
Southeast Asia’s largest economy posted a trade surplus of $4.11 billion in June, surpassing market expectations of $3.45 billion though slightly below May’s $4.30 billion surplus. Imports during the same period climbed 4.28% year-on-year to $19.33 billion, reflecting steady domestic demand.
The improved export performance highlights Indonesia’s resilience amid global trade tensions and positions the country to benefit from diversified trade agreements. Analysts note that maintaining competitive export growth will be critical as global markets adjust to evolving U.S. tariff policies.
Indonesia’s trade outlook will continue to depend on global commodity prices, U.S. demand, and the outcome of ongoing trade negotiations. Market observers are closely watching whether the tariff reduction can spur further investment and stabilize Indonesia’s balance of trade in the second half of 2025.
