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
Peak of the interest rate hike about to reached, global investors starting to look for countries that have sources of growth such as Indonesia.
Market Update
With economic growth stabilizing at around 5%, Indonesia will become the world’s fourth largest economy by 2030.
Market Update
Global indexes moved in a positive direction in March 2023 and The Indonesian stocks made a comeback in mid of March 2023.
Market Update
At the beginning of the month, the market still expected the Fed to extend the hike in combating inflation.
Market Update
Bank Indonesia kept the benchmark rate at 5.75% in March 2023 despite the Fed raising further the Fed rate to 5,00%.
Market Update
The benchmark interest rate in Indonesia have already peaked. Rupiah exchange rate has been strengthening since the beginning of 2023.