Tuesday, 19 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 Closes Lower Ahead of PBoC Interest Rate Decision
Tuesday, 19 August 2025 15:21 WIB

The Hang Seng Index fell 54 points, or 0.2%, to close at 25,123 on Tuesday (August 19), marking its fourth session of declines and its lowest close in nearly three weeks. Investors remained cautious ahead of the PBoC's monthly benchmark lending rate review due on Wednesday. Weakening US index...

ECONOMY
US Will Help Guarantee Ukraine's Security In Any Peace Deal, Trump Tells Zelenskiy
Tuesday, 19 August 2025 15:42 WIB

US President Donald Trump told President Volodymyr Zelenskiy on Monday that the United States would help guarantee Ukraine's security in any deal to end Russia's war there, though the extent of the assistance was unclear. Trump made the pledge during an extraordinary summit at the White House,...

COMMODITY
USD/CHF Weakens Below 0.8100 Despite Hopes For A Russia-Ukraine Peace Deal
Tuesday, 19 August 2025 15:30 WIB

The USD/CHF pair weakened near 0.8070 during the early European session on Tuesday (August 19). However, the pair's downside potential may be limited amid optimism for a ceasefire in the conflict between Russia and Ukraine, with US President Donald Trump planning a summit between Russian President...

FISCAL & MONETARY
Fed's Powell may defy rate cut bets at Jackson Hole as inflation fight isn't over
Tuesday, 19 August 2025 04:02 WIB

Federal Reserve Chairman Jerome Powell is set to speak at the annual central bank symposium this week amid growing bets that a rate cut is nearly guaranteed next month. But Powell may defy expectations, refusing to cave as the final battle against inflation looms large, Scotiabank (TSX:BNS)...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
07.30 AUD Westpac Consumer Sentiment 0.6% 5.7%
15.00 EUR Current Account (EUR) 32.3B 35.8B
19.30 U.S Building Permits 1.40M
19.30 U.S Housing Starts 1.32M
MARKET CHART
Loco Gold Daily Chart (LGD)