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
S&P 500 closes at record high as traders brace for Nvidia earnings
Thursday, 28 August 2025 03:10 WIB

The S&P 500 ticked higher on Wednesday as investors turned their eyes to Nvidia earnings, which could be a make-or-break moment for the bull market. The broad market index ended the day up 0.2% at 6,481.38, setting a fresh all-time closing high. The Nasdaq Composite closed up 0.2% at...

ECONOMY
French political crisis carries steep economic risk, business leaders say
Thursday, 28 August 2025 04:40 WIB

The French prime minister's decision to hold a confidence vote next month carries heavy risks for the economy, bringing back fears of recession, business leaders said on Wednesday. Opposition parties have said they will bring down the minority government in the September 8 vote which Prime...

COMMODITY
Oil Drops Even as US Raises Pressure on India Over Russian Crude
Thursday, 28 August 2025 07:14 WIB

Oil edged lower as traders looked past US efforts to force India to quit buying Russian crude, and broader markets carried a risk-off tone.  West Texas Intermediate fell below $64 a barrel, while Brent closed above $68. White House trade adviser Peter Navarro stepped up the...

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)