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.
Weekly Market Recap 26 – 30 August 2024
The JCI hit a record of 7700, and the Rupiah strengthened to Rp15,450/USD. The JCI valuation is low at 13.6x PE with limited downside risk.
Monthly Macro Review : Back to Positivity
Stocks and bonds rebounded in July 2024, driven by global rate cuts and economic stability. IHSG rose to 7200, IndoGb yields dropped below 7%.
Weekly Market Recap 12-16 August 2024
Indonesia’s domestic economy continues to grow despite challenges, with increased imports and exports and a narrowing budget deficit.
Weekly Market Recap 5 – 9 August 2024
The global stock market has declined due to concerns about a U.S. recession, but most economists predict a soft landing in the U.S.