Global Market Commentary : August 2024
Global equities fluctuated in August 2024, but stabilized with optimism surrounding interest rate cuts by The Fed and Bank of Japan.
Equity Market Commentary : August 2024
Domestic equities stabilized, supported by US rate cuts and a stronger Rupiah, with a positive outlook for future growth ahead.
Bond Market Commentary : August 2024
IndoGb yield fell below 6.8%, driven by the decline in the 10-year US Treasury and a 5% Rupiah appreciation in August 2024.
Money Market Commentary : August 2024
August 2024 bond rally was triggered by The Fed’s statement, BI rate projections, and a preference for money market bonds.