Thursday, 21 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
Japanese Stocks Fall as Investors Await Jackson Hole Gathering
Thursday, 21 August 2025 13:57 WIB

Japanese stocks dropped for a third day, with investors remaining on the sidelines as central bankers gather in Jackson Hole, Wyoming for an eagerly awaited annual symposium. Topix Index fell 0.5% to 3,082.95 as of 3:31 p.m. Tokyo time Out of 1,679 stocks in the index, 694 rose and 911...

ECONOMY
Australia Services And Manufacturing PMI Hits 40-Month High
Thursday, 21 August 2025 06:29 WIB

The S&P Global Flash Australia Services PMI Business Activity Index rose to 55.1 in August from 54.1 in July, marking the fastest growth in 40 months. The expansion was driven by stronger demand and renewed increases in new export business, particularly from the US, Europe, and Asia-Pacific...

COMMODITY
USD/CHF edges higher to near 0.8050 ahead of Swiss Trade Balance data, US PMIs
Thursday, 21 August 2025 12:07 WIB

USD/CHF appreciates after registering nearly 0.5% losses in the previous session, trading around 0.8050 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) receives support after the release of the Federal Open Market Committee's (FOMC) Minutes for the July 29-30...

FISCAL & MONETARY
FOMC Minutes: Inflation Risks Outweigh Job Concerns
Thursday, 21 August 2025 03:45 WIB

The Fed held rates steady at 4.25%–4.50% for a fifth straight meeting, as expected, but two governors dissented in favor of a cut the first such dual dissent since 1993. Policymakers observed that, while fluctuations in net exports continue to influence the data, recent indicators point to a...

ECONOMIC CALENDAR
Time Country Figures Previous Actual
01.00 U.S FOMC Meeting Minutes - -
06.00 AUD Flash Manufacturing PMI 51.3 52.9
06.00 AUD Flash Services PMI 54.1 55.1
07.30 JPN Flash Manufacturing PMI (JPN) 48.9 49.9
08.00 AUD MI Inflation Expectations 4.7% 3.9%
MARKET CHART
Loco Gold Daily Chart (LGD)