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
Fixed income asset class continues the positive run, even though the benchmark rates keep increasing to counter inflation.
Market Update
Money market funds were the shelter as the stock market correction happened in December 2022 and deposit rates increased by year-end.
Market Update
There is a normalization of spending both in value and frequency. This condition is seasonal after the increase at the end of 2022.
Market Update
The unemployment rate in the US in September was still very strong at only 3.5% yoy from 3.7% yoy in the previous month.
Market Update
US inflation in September deal with reduction, where the largest reduction occurred in energy prices which weakened to 19.8% yoy.
Market Update
Bank Indonesia raised the benchmark interest rate, therefore the attractiveness of the Rupiah exchange rate could be maintained.
