Friday, 15 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
Trump and Putin Have Different Ideas of Success at Alaska Summit
Friday, 15 August 2025 16:36 WIB

Donald Trump and Vladimir Putin will measure success at their summit in Alaska very differently, even as both leaders are already looking toward a second meeting. The US president sees any kind of ceasefire in Ukraine as a key objective of the talks. For the Russian leader, getting...

COMMODITY
Oil falls ahead of Trump-Putin summit in Alaska
Friday, 15 August 2025 18:21 WIB

Oil prices fell on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader Vladimir Putin, which some expect could lead to an easing of the sanctions imposed on Moscow over the Ukraine war. Brent crude futures fell 50 cents, or 0.8%, to $66.34 a barrel by 0923 GMT....

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...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
06.50 JPN Prelim GDP Price Index y/y 3.3% 3.0%
06.50 JPN Prelim GDP q/q 0.0% 0.3%
08.30 CHN New Home Prices m/m -0.27% -0.31%
09.00 CHN Industrial Production y/y 6.8% 5.7%
09.00 CHN Retail Sales y/y (CHN) 4.8% 3.7%
MARKET CHART
Loco Gold Daily Chart (LGD)