Monday, 21 July 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
S&P 500, Nasdaq hit record highs as traders await big tech earnings, eye trade developments
Monday, 21 July 2025 21:01 WIB

U.S. stocks moved higher on Monday as investors tracked the latest developments in trade and awaited the start of big tech earnings this week. The S&P 500 rose 0.4%, and the Nasdaq Composite jumped 0.7%. Both indexes had hit new all-time intraday highs during the session. The Dow Jones...

ECONOMY
Indonesia says U.S. tariff on its goods could come into effect before August
Monday, 21 July 2025 18:48 WIB

Indonesia's chief economic minister Airlangga Hartarto said Monday that a 19% tariff on Indonesian goods entering the United States could be implemented earlier than the August 1 deadline set by U.S. President Donald Trump. Airlangga noted that the timing of the tariff implementation depends on a...

COMMODITY
Oil Slips With US Trade Talks, EU Curbs on Russia in Focus
Monday, 21 July 2025 21:53 WIB

Oil nudged lower following its first weekly drop this month, with traders focused on US tariff talks and the European Union's efforts to curb Russian energy exports.  West Texas Intermediate crude fell 1% to trade below $67 a barrel, after slipping 1.6% last week. EU envoys...

FISCAL & MONETARY
Fed's Waller wants July interest rate cut amid rising growth, job market risks
Friday, 18 July 2025 07:46 WIB

Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and the strong likelihood that tariff-induced inflation will not drive a persistent rise in price...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.01 GBP Rightmove HPI m/m -0.3% -1.2%
06.41 CHN Foreign Direct Investment ytd/y -13.2% -15.2%
08.00 CHN 1-y Loan Prime Rate 3.00% 3.00%
08.00 CHN 5-y Loan Prime Rate 3.50% 3.50%
21.00 U.S CB Leading Index m/m (US) 0.0% -0.3%
MARKET CHART
Loco Gold Daily Chart (LGD)