Friday, 29 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 Close Mixec
Friday, 29 August 2025 01:20 WIB

European stocks closed mixed on Thursday as markets assessed key earnings results for the US tech sector and the outlook for global rates. The Eurozone's STOXX 50 inched above the flatline to close at 5,393 and the pan-European STOXX 600 dropped 0.2% to 554. Nvidia released earnings and revenues...

ECONOMY
US Pending Home Sales Drop for 2nd Month
Thursday, 28 August 2025 21:42 WIB

Pending home sales in the United States fell by 0.4% from the previous month in July of 2025, extending the 0.8% drop in the previous month to mark the first back-to-back contraction since January. Pending home sales were lower in the Northeast (-0.6%), the Midwest (-4.0%), and the South (-0.1%),...

COMMODITY
Dollar treads water as September Fed cut bets grow
Friday, 29 August 2025 01:54 WIB

The dollar was lower against the euro and the yen on Thursday, as traders added to bets that the Federal Reserve will cut interest rates next month after New York Fed chief John Williams signalled such a move was possible. The U.S. currency has been under renewed pressure from President Donald...

FISCAL & MONETARY
Fed's Williams says interest rates can fall, but data will guide decision
Thursday, 28 August 2025 01:54 WIB

New York Federal Reserve Bank President John Williams indicated on Wednesday that interest rates could decrease at some point, but emphasized that upcoming economic data will determine if a rate cut is appropriate at the September 16-17 meeting. "Every meeting is, from my perspective, live" for a...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
05.00 U.S FOMC Member Waller Speaks
06.30 JPN Tokyo Core CPI y/y 2.9%
06.30 JPN Unemployment Rate 2.5%
06.50 JPN Prelim Industrial Production m/m 2.1%
06.50 JPN Retail Sales y/y (JPN) 2.0%
MARKET CHART
Loco Gold Daily Chart (LGD)