Friday, 22 August 2025
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GLOBAL
OPEC lifts 2026 oil demand view and trims supply growth from rivals
Tuesday, 12 August 2025 19:15 WIB

OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing to a tighter market outlook. World oil demand will rise by 1.38 million barrels per day in 2026, the...

MARKET UPDATE
Hang Seng Posts Third Consecutive Weekly Gain
Friday, 22 August 2025 15:40 WIB

The Hang Seng Index rose 212 points, or 0.8%, to close at 25,317 on Friday (August 22nd), rebounding from the previous session's decline as mainland Chinese markets reached a decade-high on resurgent tech optimism. The Hang Seng Technology Index surged 2.7% after DeepSeek launched its upgraded AI...

ECONOMY
White House launches TikTok account with Trump saying 'I am your voice
Friday, 22 August 2025 05:09 WIB

The White House launched an official TikTok account on Tuesday, taking advantage of the short video app's more than 170 million U.S. users to spread the messages of President Donald Trump. Trump has a soft spot for the popular app, crediting it with helping him gain support among young voters...

COMMODITY
Oil Prices Expected To End Losing Streak As Ukraine Peace Process Stalls
Friday, 22 August 2025 17:24 WIB

Oil prices were little changed on Friday (August 22nd) as hopes for a peace deal between Russia and Ukraine faded, putting prices on track for their first weekly gain in three weeks. Brent crude futures fell 17 cents, or 0.25%, to $67.50 a barrel at 10:00 GMT. West Texas Intermediate (WTI) crude...

FISCAL & MONETARY
Jerome Powell Expected To Provide Clues On Fed Rate Direction In Jackson Hole Speech
Friday, 22 August 2025 16:39 WIB

US Federal Reserve (Fed) Chairman Jerome Powell is scheduled to deliver a speech titled "Economic Outlook and Framework Review" at the annual Jackson Hole Economic Symposium on Friday at 14:00 GMT. Market participants will be closely watching Powell's speech for new clues on the direction of...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.01 GBP GfK Consumer Confidence -19 -17
06.30 JPN National Core CPI y/y 3.3% 3.1%
13.00 EUR German Final GDP q/q -0.1% -0.3%
13.00 GBP Retail Sales m/m (GBP) 0.9%
21.00 U.S Fed Chair Powell Speaks - -
MARKET CHART
Loco Gold Daily Chart (LGD)