Market Update
Global markets traded mixed amid AI-driven sentiment and renewed US-Iran tensions, while attention turned to S&P DJI.
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Market Update
The US Central Bank, The Fed, paused the rate hike for the first time in the June FOMC meeting.
Market Update
Two central banks took a big step in monetary policy in June 2023. The US Central Bank has paused the rate hike in June 2023 meeting.
Market Update
Bank Indonesia did not change its policy rate in June 2023 and the rate stays at 5.75% since January 2023.
Market Update
Ministry of Finance Revises 2023 State Budget by Lowering Budget Deficit to 2.3% of GDP from the Previous 2.8%
Market Update
Inflation in Europe in June 2023 appears to be decreasing further to 5.5% year-on-year (YoY) from the previous month’s 6.1% YoY.
Market Update
Central banks make changes to benchmark interest rates. The Fed held the Fed rate at 5.25% for the first time in June 2023.