Asian shares and bond yields sank on Friday while the dollar, yen, oil and gold surged after reports of a sharp escalation in Middle East hostilities.
14 hours agoAris Toharisman, secretary-general of the Indonesia Sugar Association (AGI), does not rule out the possibility of rising prices for the imported commodity, even though global supply pressure remains manageable. ...
16 hours agoThe IDX Composite (IHSG) strengthened by 0.50 percent to 7,166 on Thursday. The financial, infrastructure and non-primary consumer goods sectors supported the positive movement. ...
1 day agoAsian stocks crept higher in a mixed session on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook.
1 day agoThe rupiah has been on a downward slope in the past week amid uncertainty about US monetary policy and geopolitical conflicts. Analysts do not rule out a historic low for Indonesia’s currency.
1 day agoThe government has speculated that world crude oil prices could reach US$100 per barrel as the Middle East conflict escalates.
2 days agoAsian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on US rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies.
2 days agoIndonesia is unlikely to enjoy a 2022-level commodity boom this year despite China’s recovering growth and geopolitical tensions.
2 days agoA decline exceeding 2 percent is rare for the rupiah, which has seen an average movement of only 0.02 percent over the past year.
3 days agoThe dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected US retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.
3 days agoAsian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected US retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to cut interest rates this year.
3 days agoThe domestic car market remains in the doldrums with a strong year-on-year (yoy) decline, but the industry sees signs of a possible rebound in March's wholesale and retail figures.
4 days agoA rally in the US dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will be able to cut rates this year compared to other central banks.
4 days agoAsian shares slumped and gold prices rose on Monday as risk sentiment took a hit after Iran's retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.
4 days agoEuropean stocks were on track to race ahead of Wall Street on Friday, with exporters' shares in high demand as the continent's major currencies dropped against a dollar standing tall on bets the US Federal Reserve would keep interest rates high.
1 week agoAsian shares tracked Wall Street lower on Thursday as sticky US inflation forced markets to slash bets on how much the Federal Reserve might ease this year, sending the dollar flying to a 34-year high against the beleaguered yen.
1 week agoAsian markets reversed Thursday after forecast-topping US inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate the outlook for monetary policy, with a warning that the next move could even be a hike.
1 week agoThere is a nervousness on trading floors that a third successive miss to the upside on consumer prices could force the Federal Reserve to delay cutting borrowing costs.
1 week agoSome Tokyo players were locking in profits after recent gains, analysts said.
1 week agoIndustrial metals prices extended their gains on Tuesday with expectations of a worldwide manufacturing rebound, while Asian shares crept up a little more cautiously ahead of this week's US inflation data and a crucial European Central Bank meeting.
1 week agoBMI Research, a think tank belonging to rating agency Fitch, expects the drop in nickel prices seen last year to continue this year.
1 week agoBeijing's commerce minister dismissed as "groundless" US concerns that a surge of low-cost Chinese exports posed a risk to global markets, as Washington's Treasury chief on Monday wrapped up a visit aimed in part at addressing the issue.
1 week agoAsian markets fluctuated Monday as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting US jobs report dented hopes for a first move in June.
1 week agoDespite reaching an all-time closing high on Mar. 14, the Indonesia Stock Exchange (IDX) Composite index ended the first quarter of this year with only a slight increase of 0.22 percent, underperforming when compared with foreign indexes.
1 week agoThe Indonesia Stock Exchange (IDX) Composite regains momentum in its last trading session before the long Idul Fitri holiday, closing in the green for the second consecutive day at 7,286.88 on Friday.
2 weeks agoAsian shares retreated on Friday as hawkish comments from some Federal Reserve officials and escalating geopolitical tensions put a dent in risk sentiment, while traders were also cautious ahead of US jobs data due later in the day.
2 weeks agoImports may be necessary amid declining supply from local pipeline natural gas and sliding domestic gas production.
2 weeks agoThe IDX Composite ended Thursday 1.22 percent higher as investors watched the US Federal Reserve’s policy direction.
2 weeks agoAsian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.
2 weeks agoThe dollar held near an over four-month peak on Wednesday, pinning the yen close to its lowest its decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency.
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