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
Tech Sell-Off Weighs on US Stocks
Wednesday, 20 August 2025 03:52 WIB

US stocks fell on Tuesday as losses in major technology names dragged the market lower, with the S&P 500 slipping 0.6% and the Nasdaq falling 1.5%, its lowest level in more than two weeks, on steep drops in chipmakers. The Dow Jones finished muted after briefly hitting a record high earlier in...

ECONOMY
US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts
Wednesday, 20 August 2025 05:36 WIB

The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture and hundreds of other products. The...

COMMODITY
EUR/USD steadies below 1.1650 as markets await Powell's Jackson Hole speech
Wednesday, 20 August 2025 05:13 WIB

EUR/USD consolidates during the North American session above the 1.1600 figure as traders await the Federal Reserve (Fed) Chair Jerome Powell's speech at Jackson Hole, alongside the outcome of the Ukraine-Russia conflict solution. The pair trades at around 1.1640, down 0.12% at the time of...

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%
06.50 JPN Trade Balance (JPN) -0.24T
08.00 CHN 1-y Loan Prime Rate 3.00%
08.00 CHN 5-y Loan Prime Rate 3.50%
MARKET CHART
Loco Gold Daily Chart (LGD)