Friday, 08 August 2025
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GLOBAL
Trump announces Israel-Iran ceasefire
Tuesday, 24 June 2025 06:11 WIB

U.S. President Donald Trump announced Monday evening on Truth Social that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" following what he referred to as "THE 12 DAY WAR." According to Trump's post, the ceasefire will begin approximately six hours after his announcement, when...

MARKET UPDATE
Hong Kong Stocks Weaken, But Poised for Weekly Gains
Friday, 8 August 2025 10:16 WIB

Hong Kong stocks fell 144 points, or 0.6%, to 24,936 in early trading on Friday, ending a four-day winning streak amid widespread weakness. Caution prevails ahead of China's July CPI and PPI data due Saturday, with consumer prices expected to ease slightly and producer deflation likely to persist...

ECONOMY
Trump Selects Stephen Miran to Fill Fed Board Vacancies
Friday, 8 August 2025 07:28 WIB

US President Donald Trump said Thursday he will nominate Council of Economic Advisers Chairman Stephen Miran to fill the final months of a vacant seat on the Federal Reserve, as the White House seeks a permanent member for the central bank's board of governors and continues its search for a new...

COMMODITY
Oil Heads for Worst Drop Since 2021, Traders Downplay US Restrictions
Friday, 8 August 2025 13:23 WIB

Oil prices headed for their longest decline since 2021, as traders judged that US efforts to end the war in Ukraine would not impact overall supply, even as Washington punished India for taking Moscow's crude. Brent fell near $66 a barrel, down for the seventh straight session, while West Texas...

FISCAL & MONETARY
Donald Trump taps CEA Chair Stephen Miran for seat on Fed board
Friday, 8 August 2025 04:39 WIB

United States (US) President Donald Trump announced on Thursday that he would be selecting Stephen Miran, the current Chair of the US Council of Economic Advisors, to replace recently resigned Federal Reserve (Fed) Board of Governors (BoG) member Adriana Kugler. Stephen Miran will be replacing...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
00.01 U.S 30-y Bond Auction 4.89|2.4 4.81|2.3
02.00 U.S Consumer Credit m/m 5.1B 7.4B
06.30 JPN Household Spending y/y 4.7% 1.3%
06.30 JPN Bank Lending y/y 2.8% 3.2%
06.50 JPN Current Account (JPN) 2.82T 2.40T
MARKET CHART
Loco Gold Daily Chart (LGD)