Wednesday, 27 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
US Stocks Inch Higher As Nvidia Climbs Amid Fed Controversy
Wednesday, 27 August 2025 03:25 WIB

The S&P 500 closed 0.4% higher on Tuesday, bolstered by gains in Nvidia, as investors balanced optimism over corporate earnings with concerns about President Trump's unprecedented removal of Federal Reserve Governor Lisa Cook. The Dow Jones added 135 points, while the Nasdaq rose 0.4%. Nvidia...

ECONOMY
August US Consumer Confidence Falls on Declines in Current Conditions, Expectations
Tuesday, 26 August 2025 21:26 WIB

The Conference Board's measure of consumer confidence fell to 97.4 in August from 98.7 in July, compared with a larger decrease expected to a reading of 96.5 in a survey compiled by Bloomberg as of 7:30 am ET. The present situation reading decreased to 131.2 from 132.8, while the expectations...

COMMODITY
Gold Hits Two-Week Peak After Trump Says He Will Fire Fed Chair
Tuesday, 26 August 2025 20:24 WIB

Gold prices hit a more than two-week high on Tuesday (August 26) after US President Donald Trump said he would fire Federal Reserve Chair Lisa Cook, a move widely seen as eroding the central bank's independence and undermining confidence in US assets. Spot gold rose 0.4% to $3,378.64 an ounce at...

FISCAL & MONETARY
Fed's Logan mulls over ending the Fed funds rate target range
Tuesday, 26 August 2025 04:57 WIB

Federal Reserve (Fed) Bank of Dallas President Lorie Logan mused about making key policy adjustments at the Fed on Monday, stressing the need for more effective policy communication.The US has more room to reduce reserves.Responding to banks' increased short-run demand for reserves is a recipe for...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
03.30 U.S API Weekly Statistical Bulletin - -
07.30 AUD MI Leading Index m/m 0.0%
08.30 AUD CPI y/y 1.9%
08.30 AUD Construction Work Done q/q 0.0%
13.00 EUR German GfK Consumer Climate -21.5
MARKET CHART
Loco Gold Daily Chart (LGD)