Monthly Macro Review : Soft Landing

Global markets are worried that the world economy will enter a recession in 2023 when interest rates rise in various countries.
Weekly Market Recap 21 – 25 August 2023

JCI shifting up 0.5% WoW to 6,895, while the LQ45 remained unchanged at 956. The IndoGb yield increased by 4 basis points, reaching 6.53%.
Weekly Market Recap 14 – 18 August 2023

State spending is expected to rise 5.8% YoY in 2024, up from this year’s 0.9% YoY growth.
Equity Market Commentary : July 2023

The stock market welcomes the anticipated increase in global growth, which is expected to become positive as the summer season approaches.
Bond Market Commentary : July 2023

The bond market remained stable in July 2023, despite The Fed’s decision to raise the benchmark interest rate by 25 bps to 5.50%.
Money Market Commentary : July 2023

Bank Indonesia is consistent to support economic growth by maintaining the benchmark rate at 5.75% in July 2023.