Wednesday, 23 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Tuesday, 22 July 2025 23:37 WIB

US President Donald Trump seized the opportunity to lash out at Federal Reserve Chairman Jerome Powell on Tuesday during a meeting with Philippine President Bongbong Marcos. After spending weeks normalizing the White House by publicly criticizing the Fed and attempting to undermine the US central bank's political autonomy, President Trump is working hard to justify his efforts to circumvent US laws that prevent him from having a say in who runs the Fed and what they do. Donald Trump nominated Jerome Powell to take over the Fed's top job in 2018 and has been very vocal about his displeasure...

RECENT NEWS
Dollar strengthens ahead of CPI
Wednesday, 11 December 2024 16:29 WIB | DOLLAR

The dollar strengthened against European currencies on Wednesday ahead of a highly anticipated reading on U.S. inflation, also boosted by a Reuters report that China is considering allowing a weaker currency next year, which has caused the yuan and other Asian currencies to weaken The euro was last down 0.18% at $1.0508, a day before a European Central Bank meeting, and the pound fell 0.16% to $1.2752 as traders awaited U.S. CPI data, due at 1330 GMT. Economists expect headline and core consumer prices to rise 0.3% in November from previous increases of 0.2% and 0.3%,...

Gold Fluctuates Ahead of US CPI Report
Wednesday, 11 December 2024 13:33 WIB | GOLD

Gold fluctuated around $2,690 per ounce on Wednesday, halting a two-day rally, as investors repositioned ahead of key US inflation data due later in the day. This data is crucial, as it could either strengthen or weaken the likelihood of a third Federal Reserve rate cut next week. A rate cut would support gold by lowering the opportunity cost of holding non-yielding assets. Despite the pause, gold remained near two-week highs, underpinned by expectations of loose monetary policies from other major central banks and increased demand for safe-haven assets. The ECB, SNB, and BoC are all...

Silver Holds Above $32.00 Towards Monthly High
Wednesday, 11 December 2024 10:07 WIB | SILVER

Silver (XAG/USD) prices extended its gains for the third straight session, trading around $32.00 during Asian hours on Wednesday. The demand outlook for precious metals, including Silver, in the world's largest raw material consumer has improved following news of potential economic stimulus from China. The Politburo announced plans to adopt a "moderately loose" monetary policy and a "more proactive" approach to fiscal stimulus next year, marking a shift from the more cautious tone of the past decade. Silver prices are getting support from the increasing odds of the US Federal Reserve (Fed)...

Dollar Holds Gains Ahead of CPI Report
Wednesday, 11 December 2024 09:45 WIB | DOLLAR

The dollar index held steady around 106.3 on Wednesday, after three straight days of gains, as investors braced for a crucial US inflation report that could have a significant impact on Federal Reserve policy. A higher-than-expected inflation reading could delay the Fed's plans to reduce borrowing costs, potentially supporting the US dollar. That said, markets are currently pricing in an 86% chance of a 25 basis point rate cut by the Fed later this month, although the outlook for 2025 remains highly uncertain. Traders are also eyeing interest rate decisions from the Bank of Canada and the...

Australian dollar steady as markets cautious ahead of US CPI data
Wednesday, 11 December 2024 09:10 WIB | Dollar Australia,

The Australian Dollar (AUD) hovers against the US Dollar (USD) on Wednesday after experiencing losses in the previous session. The AUD/USD pair faced challenges, driven by the broadly stronger US dollar (USD). Traders now focus on the release of crucial US November Consumer Price Index (CPI) data, which are expected to be released later in the North American session. The US CPI inflation is estimated to rise to 2.7% YoY in November from 2.6% in October. Meanwhile, the core CPI, excluding Food & Energy, is expected to increase 3.3% YoY. Any indications of stalled progress could...

MSCI Asia Pacific DOLLAR German Ifo Business Climate U.S.Unemployment indeks Kospi Indeks MSCI Asia Pasific industri Jepang Index Hang Seng USD/JPY, Pasar tenaga kerja, PMI France Mata Uang Jepang Bursa Hong Kong Currency Sanghai Composite Global
ASIA
China Manufacturing Shrinks for 3rd Month
Monday, 30 June 2025 09:46 WIB

China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity. It...

EUROPE
European Shares Muted
Friday, 6 June 2025 14:47 WIB

Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...

GLOBAL ECONOMY
Indonesia Plans USD 8 Billion Refineries Contract with US Amid Tariff Deal
Tuesday, 22 July 2025 12:39 WIB

Indonesia's sovereign wealth fund, Danantara, plans to sign a USD 8 billion engineering, procurement, and construction (EPC) contract with US engineering firm KBR Inc. to build 17 modular...