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
US Stocks Open Slightly Stronger
Friday, 22 August 2025 20:56 WIB

US stocks rose slightly on Friday after a decline led by the technology sector this week as the market awaited Federal Reserve Chairman Powell's speech at the Jackson Hole Economic Symposium. The S&P 500 and Dow Jones Industrial Average rose more than 0.6%, while the Nasdaq 100 edged up only...

ECONOMY
Zelenskiy Says He Has No Contact with Russia Regarding Peace Talks
Friday, 22 August 2025 19:28 WIB

Ukrainian President Volodymyr Zelenskiy said he has not been in contact with Russia regarding potential peace talks, although his dialogue with the US is ongoing. Speaking at a joint press conference with NATO Secretary-General Mark Rutte in Kyiv on Friday, Zelenskiy said he did not want to set...

COMMODITY
Gold Rises After Powell's Signal
Friday, 22 August 2025 22:03 WIB

Gold strengthened 0.6% to US$3,359/oz in the US session on Friday (August 22nd), as the dollar weakened after Fed Chairman Jerome Powell opened the door to a September interest rate cut. Sentiment turned positive for the precious metal as the prospect of lower interest rates typically reduces the...

FISCAL & MONETARY
Powell Opens the Door to a Rate Cut
Friday, 22 August 2025 21:29 WIB

Fed Chairman Jerome Powell assessed that the US economy remains resilient: the job market is near its maximum, inflation has fallen well from its peak, but the balance of risks is shifting. In his speech on "Monetary Policy and the Fed's Framework Review" in Jackson Hole, he stated that current...

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%
21.00 U.S Fed Chair Powell Speaks - -
23.00 U.S President Trump Speaks - -
MARKET CHART
Loco Gold Daily Chart (LGD)