Monday, 28 July 2025
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ECONOMIC

Trump announces trade deal with EU following months of negotiations
Monday, 28 July 2025 14:20 WIB | Global economic

The United States and European Union have reached a landmark trade agreement that includes a 15% tariff on EU goods entering the U.S., President Donald Trump announced Sunday while in Scotland. The broad-strokes deal encompasses significant EU purchases of U.S. energy and military gear, along...


EU's Von der Leyen to Meet Trump in Effort to Reach Trade Deal (1)
Saturday, 26 July 2025 06:41 WIB | Economy

European Commission President Ursula von der Leyen said she will travel to Scotland this weekend to meet with US President Donald Trump, as both sides aim to reach a trade deal before the August 1 deadline when 30% tariffs on the bloc's exports are due to take effect. After months of negotiations...


Trump Likely Not To Implement Threatened Tariffs On Russian Oil
Saturday, 26 July 2025 06:23 WIB | Economy

US President Donald Trump is unlikely to follow through on his threat to impose 100% tariffs on countries buying Russian oil, as it would exacerbate politically damaging inflationary pressures. Similar threats against Venezuelan oil buyers have also met with limited success, particularly in...


Trump Refocuses On Low Interest Rate Desire During Fed Renovation Tour
Friday, 25 July 2025 13:07 WIB | Economy

US President Donald Trump visited the Federal Reserve (Fed) headquarters in Washington, D.C., on Friday (July 25th). President Trump recently turned his attention to criticizing the long-planned renovation of the Fed headquarters. Trump, who oversaw a comprehensive renovation of the White House...


Trump To Visit Fed Construction Site After Criticizing Powell (2)
Friday, 25 July 2025 06:21 WIB | Economy

Donald Trump will visit the Federal Reserve on Thursday (July 24th) to inspect a construction site he has criticized for cost overruns amid his escalating attacks on Fed Chairman Jerome Powell for not cutting interest rates. The White House announced the visit in Trump's daily public schedule,...


EU Diplomats See Progress Toward a US Trade Deal with 15% Tariffs
Thursday, 24 July 2025 06:30 WIB | Economy

The European Union and the US are moving toward a deal that would impose 15% tariffs on most products, according to diplomats briefed on the negotiations. Member states are likely ready to accept 15% tariffs, and EU officials are pushing for them to cover sectors including autos, diplomats said....


Trump Blames Housing Problems On Fed's Powell For Not Cutting Interest Rates
Wednesday, 23 July 2025 06:22 WIB | Economy

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...


Bessent Sees No Reason for Powell to Resign from the Fed Now (3)
Wednesday, 23 July 2025 06:01 WIB | Economy

Treasury Secretary Scott Bessent has lent his support to Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chairman to resign. “Nobody is telling me he should resign now,” Bessent said of the US central bank chief, speaking...


US Takes Tough Stance On Tariff Deadline As EU Struggles To Reach Deal
Tuesday, 22 July 2025 06:32 WIB | Economy

The US has signaled it will not relax its August 1 deadline for higher tariffs against the European Union as the bloc struggles to reach a deal on time. Over the weekend, US Commerce Secretary Howard Lutnick said he was confident a trade deal with the EU could be reached, but cautioned that the...


Fed’s Waller Says Private-Sector Job Worries Drive Rate-Cut Call
Saturday, 19 July 2025 02:34 WIB | Economy

Federal Reserve Governor Christopher Waller said concerns about private-sector hiring have fueled his call for the central bank to cut interest rates this month. "The private sector is not performing as well as everyone thought," Waller said Friday in an interview on Bloomberg Television. The...


Powell's Letter Responds to White House Criticism of Fed Renovations
Saturday, 19 July 2025 02:09 WIB | Economy

Federal Reserve Chairman Jerome Powell, in a letter on Thursday, rebutted criticism leveled at the central bank by a top White House official regarding the $2.5 billion renovation project. "We take seriously our responsibility to be good stewards of public resources as we fulfill the duties...


Fed's Kugler: Holding Interest Rates Steady For 'Some Time' Is Appropriate
Friday, 18 July 2025 03:07 WIB | Economy

Federal Reserve Governor Adriana Kugler said the US central bank should keep interest rates steady "for some time," citing accelerating inflation as tariffs begin to push up prices. "Given the stability on the employment side of our mandate, with the unemployment rate remaining at historic lows,...


US Weekly Jobless Claims Fall 7,000 to 221,000; Estimated 233,000
Friday, 18 July 2025 02:58 WIB | Economy

Unemployment claims fell 7,000 to 221,000 in the week ending July 12, compared with the median estimate of 233,000, according to Labor Department data. The estimated range was 220,000-240,000 according to 43 economists. The previous week's claims were revised up to 228,000 from 227,000. The...


US Retail Sales Rise 0.6% in June, Compared to 0.1% Expected
Friday, 18 July 2025 02:36 WIB | Economy

Retail sales in the US increased 0.6% month-on-month to $720.1 billion in June, the US Census Bureau reported on Thursday. This figure follows a 0.9% decline reported in May and was better than market expectations of a 0.1% increase. On an annual basis, retail sales rose 3.9% in June, compared to...


USD: Focus Returns To Macro After Powell Concerns – ING
Thursday, 17 July 2025 23:56 WIB | Economy

What are the market implications of a potential early departure of Fed Chairman Powell? This scenario seemed improbable, but for an hour on Wednesday afternoon, it seemed very real. It was initially reported that a letter had been prepared by Trump and delivered to Republican policymakers, and at...


US annual PPI inflation weakened to 2.3% in June, compared to the 2.5% forecast.
Thursday, 17 July 2025 02:30 WIB | Economy

The Producer Price Index (PPI) for final demand in the US rose 2.3% annually in June, according to data published by the US Bureau of Labor Statistics on Wednesday. This followed a 2.6% increase in May and was below market expectations of 2.5%. The annual core PPI rose 2.6% in the same period,...


Indonesia Secures US Trade Deal, Calls Trump A Tough Negotiator
Thursday, 17 July 2025 00:27 WIB | Economy

Indonesia's president said his US counterpart, Donald Trump, is a "tough negotiator" after the two countries reached a trade deal that resulted in a reduction in proposed tariffs to 19% from 32%. The deal is one of a handful reached so far by the Trump administration ahead of the August 1...


UK Inflation Rises to 3.6%, a 2024 High
Wednesday, 16 July 2025 20:57 WIB | Economy

The annual inflation rate in the UK rose to 3.6% in June 2025, the highest since January 2024, up from 3.4% in May and above expectations that it would remain unchanged. The main upward pressure came from transport prices, which increased by 1.7% (vs 0.7% in May), driven largely by motor fuel...


Fed’s Logan says her base case calls for holding rates steady a while longer
Wednesday, 16 July 2025 14:28 WIB | Global economic

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of upward pressure from the Trump administration’s tariffs, Dallas Federal Reserve Bank President Lorie Logan said on Tuesday. "My base case is that we’ll...


Trump to Impose Tariffs of Over 10% on Smaller Nations
Wednesday, 16 July 2025 14:00 WIB | Global economic

US President Donald Trump plans to impose tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean, as the Associated Press reported. "We'll probably set one tariff for all of them," Trump told reporters on Tuesday. He added that it could be "a little over 10%...



Penurunan Saham Eropa Berlanjut, Pasar Dibayangi Kekhawatiran Ekonomi
Friday, 25 July 2025 23:48 WIB

Saham-saham Eropa sebagian besar ditutup melemah pada hari Jumat (25/7) karena pasar terus memantau laporan keuangan perusahaan terbaru sambil...

Indeks S&P 500 Raih Rekor Lima Hari Beruntun
Saturday, 26 July 2025 03:07 WIB

S&P 500 naik 0,4% pada hari Jumat (25/7), mencatat rekor penutupan kelima berturut-turut”rekor terpanjang dalam lebih dari setahun”sementara...

Von der Leyen Siap Temui Trump, Eropa Cari Terobosan Dagang
Friday, 25 July 2025 23:56 WIB

Presiden Komisi Eropa Ursula von der Leyen mengatakan ia akan melakukan perjalanan ke Skotlandia akhir pekan ini untuk bertemu dengan Presiden AS...

Pesanan Barang Modal Inti AS Turun Terkait Ketidakpastian Kebijakan
Friday, 25 July 2025 19:52 WIB

Pesanan peralatan bisnis yang dilakukan pabrik-pabrik AS secara tak terduga menurun pada bulan Juni, menunjukkan perusahaan-perusahaan tetap...

Natural Gas Saham Asia GBP/USD Existing-Home Sales AS Ekonomi Asia U.S. Durable Goods ECB POLITICS BursaSaham Jepang Opec Indeks Saham Berjangka AS ekomomi Jerman USD/JPY, Indeks MSCI Asia Pasific Manufaktur Eropa