Saturday, 16 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 Drops for Second Day But Logs Weekly Gain
Friday, 15 August 2025 15:34 WIB

The Hang Seng fell 249 points or 1.0% to close at 25,270 on Friday, slipping for the second session as all sectors dipped. Weak July data in China hit investor sentiment as industrial output grew the least in eight months, retail sales notched a six-month low, and the jobless rate rose to a...

ECONOMY
US Sentiment Drops, Inflation Concerns
Friday, 15 August 2025 21:14 WIB

US consumer sentiment fell to 58.6 in August from 61.7—the first decline since April. The University of Michigan survey was conducted July 29–August 11, with tariff concerns again weighing on confidence. Full-year inflation expectations rose to 4.9%, while the 5–10-year forecast was 3.9%. Both...

COMMODITY
Oil Falls as U.S. and Russian Presidents Ready to Meet and China's Economy Slowed Last Month
Friday, 15 August 2025 20:01 WIB

Oil prices fell early on Friday ahead of a summit meeting between the United States and Russia, while China released weak economic data. West Texas Intermediate crude oil for September delivery was last seen down US$0.48 to US$63.48 per barrel, while October Brent oil was down US$0.39 to...

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...

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