Thursday, 28 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
Europe's STOXX 600 closes higher, focus shifts to Nvidia results
Thursday, 28 August 2025 01:34 WIB

Europe's STOXX 600 recovered slightly on Wednesday after a selloff in the previous session, as investors eyed political risks in France and awaited earnings from artificial intelligence chip leader Nvidia. The pan-European STOXX 600 index closed up 0.1%, a day after registering its largest drop...

ECONOMY
Trump's Bet on the Fed Risks Pushing Key Bond Rates Even Higher (2)
Wednesday, 27 August 2025 20:06 WIB

President Donald Trump's unprecedented and intensifying attacks on the Federal Reserve risk backfire by hitting financial markets and the economy with higher long-term borrowing costs. For weeks, he has been slamming Chairman Jerome Powell for not significantly cutting interest rates to stimulate...

COMMODITY
Oil edges up on US crude stocks drop, impact of US tariffs on India
Thursday, 28 August 2025 01:45 WIB

Oil prices rose on Wednesday on a larger-than-expected drop in U.S. crude inventories and the potential impact of new U.S. tariffs on India. Brent crude futures were up 55 cents, or 0.8%, at $67.77 a barrel by 12:10 p.m. ET (1710 GMT). West Texas Intermediate crude futures gained 62 cents, or 1%,...

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
08.30 AUD Private Capital Expenditure q/q -0.1%
14.00 CHF Final GDP q/q 0.5%
15.00 EUR M3 Money Supply y/y 3.3%
15.00 EUR Private Loans y/y 2.2%
18.30 EUR ECB Monetary Policy Meeting Accounts - -
MARKET CHART
Loco Gold Daily Chart (LGD)