Monthly Macro Review : Brake for Better Cause
During July, the government imposed PPKM level 4 due to a significant increase in Covid-19 cases in Indonesia.
#WMR 16 – 20 August 2021
JCI experienced considerable pressure in the last week by falling as much as 1.78% during the week after the Fed meeting.
Market Buzz : Conservative Budget
The 2022 RAPBN brings several important things for investors, especially bond investors. The 2022 macro assumption seems to be designed to prepare the 2023 budget deficit to return to 3% in 2023.
#WMR 9 – 13 August 2021
JCI fell 1% during the week to 6,139 level after the previous week at 6,200 level.
Bond Market Commentary : Solid Comeback
July brought the yield from INDOGB back to the level of the end of January 2021. Yield of 10-year INDOGB at the end of July reached 6.3%.
Market Buzz : Stock Picking is Critical
China as a key country in global growth has become a hot topic of conversation lately.