Weekly Market Recap 28 October – 1 November 2024

Bond market fell 0.99% in October 2024 due to rising US Treasury yields. US soft landing still supports further rate cuts.
Money Market Commentary : October 2024

Bank Indonesia paused rate cuts in October 2024, using SRBI to stabilize the Rupiah amid global pressures and capital outflows.
Bond Market Commentary : October 2024

Indonesian bond yields rose in October 2024 due to global events. Bank Indonesia focuses on stabilizing the Rupiah amid capital outflows.
Equity Market Commentary : October 2024

Domestic developments outpaced global events in October 2024. Indonesia’s new government sparks optimism for economic growth.
Global Market Commentary : October 2024

U.S. election, China’s stimulus, and Middle East tensions impact global markets. U.S. economy shows resilience as 2024 ends.