Friday, 15 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
European Stocks Rise for a Fourth Session
Friday, 15 August 2025 14:27 WIB

The Stoxx 50 and Stoxx 600 edged higher on Friday (August 15), extending their gains for a fourth consecutive session as investors awaited the high-stakes Trump-Putin summit in Alaska, hoping for progress in ending the Ukraine war. Sentiment strengthened despite mixed global data, including...

ECONOMY
US Retail Sales Expected to Rise Further in July, Ahead of Tariff Hikes
Friday, 15 August 2025 13:06 WIB

The U.S. Census Bureau will release the country's Retail Sales report on Friday. Market analysts expect headline Retail Sales to grow 0.5% monthly in July, following a slightly higher increase in June, indicating that consumption remains strong. Consumers appear to have flocked to shopping malls,...

COMMODITY
Gold Set For Weekly Decline As US Data Dims Hopes For A Significant Fed Rate Cut
Friday, 15 August 2025 11:53 WIB

Gold prices are expected to decline for the week on Friday (August 15th), as higher-than-expected US inflation data dampened expectations for a 50 basis point (bps) Fed rate cut in September. Spot gold prices rose 0.1% to $3,339 per ounce at 02:44 GMT. Bullion prices have fallen 1.8% over the...

FISCAL & MONETARY
Fed Chair Powell to speak Aug 22 amid speculation on rate cuts, replacement
Friday, 15 August 2025 05:24 WIB

Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole, Wyoming, the Fed said on Thursday. Powell's speech comes as data showing some impact...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN Prelim GDP Price Index y/y 3.3% 3.0%
06.50 JPN Prelim GDP q/q 0.0% 0.3%
08.30 CHN New Home Prices m/m -0.27% -0.31%
09.00 CHN Industrial Production y/y 6.8% 5.7%
09.00 CHN Retail Sales y/y (CHN) 4.8% 3.7%
MARKET CHART
Loco Gold Daily Chart (LGD)