Wednesday, 20 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 Gains Slightly at the End of Trading
Wednesday, 20 August 2025 16:09 WIB

The Hang Seng Index rose 43 points, or 0.2%, to close at 25,166 on Wednesday, reversing early losses and ending a four-day losing streak. Market sentiment improved as Chinese equities rallied, boosted by the People's Bank of China's decision to maintain its benchmark interest rate-a move expected...

ECONOMY
UK inflation picks up to hotter-than-expected 3.8% in July
Wednesday, 20 August 2025 13:11 WIB

The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled by Reuters had anticipated inflation would reach 3.7% in the twelve months to July, after it picked up to 3.6% in June,...

COMMODITY
Pound Strengthens on Higher-Than-Expected UK Inflation Data
Wednesday, 20 August 2025 16:30 WIB

The pound (GBP) attracted significant buying interest against other major currencies on Wednesday as the UK Consumer Price Index (CPI) data for July showed a larger-than-expected increase. The Office for National Statistics (ONS) reported that headline inflation rose at an annual rate of 3.8%,...

FISCAL & MONETARY
Fed's Powell may defy rate cut bets at Jackson Hole as inflation fight isn't over
Tuesday, 19 August 2025 04:02 WIB

Federal Reserve Chairman Jerome Powell is set to speak at the annual central bank symposium this week amid growing bets that a rate cut is nearly guaranteed next month. But Powell may defy expectations, refusing to cave as the final battle against inflation looms large, Scotiabank (TSX:BNS)...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
03.30 U.S API Weekly Statistical Bulletin - -
06.50 JPN Core Machinery Orders m/m -0.6% 3.0%
06.50 JPN Trade Balance (JPN) -0.24T -0.30T
08.00 CHN 1-y Loan Prime Rate 3.00% 3.00%
08.00 CHN 5-y Loan Prime Rate 3.50% 3.50%
MARKET CHART
Loco Gold Daily Chart (LGD)