Jakarta, CNBC Indonesia – In line with increasing concerns about inflation and the geopolitical situation, the Wall Street stock market lost again in Friday’s trading. The decline in shares of major banks also put additional pressure on the market. The Dow Jones Industrial Average fell 475.84 points, or 1.24%, to close at 37,983.24. The S&P … Read more
Crucial Inflation Report: PCE Index Hits Lowest Level in Three Years The Fed’s Preferred Inflation Gauge Hits Lowest Level in Three Years Personal Consumption Expenditures Index Shows Decline The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, reported a slight decline in January, aligning with Wall Street’s expectations. Notably, this decline resulted in … Read more
Stocks Hover Near Record Highs as Busy Week for Investors Begins Earnings from five of the “Magnificent Seven” tech stocks – Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT), Amazon (AMZN), Meta (META) – are set to highlight a packed week of quarterly reports, as stocks continue to trade near all-time highs. The S&P 500 and … Read more
Live Timeline 12:02 WIB 10:28 WIB 09:05 WIB Bisnis.comJAKARTA — Rupiah exchange rate has the potential to strengthen against the United States (US) dollar in trading early next week, Monday (22/1/2024), due to the potential for the Fed to cut interest rates in the future. On Friday (19/1/2024) the rupiah closed up 0.05% or 8.5 … Read more
Bisnis.comJAKARTA — Not at all has the opportunity to strengthen in today’s trading, Wednesday (11/15/2023) after rising to US$16.79 in yesterday’s trading, stung by weaker-than-expected US inflation data, thus triggering more speculation that the Federal Reserve may not raise interest rates. At the close of trading Tuesday (11/14/2023), the price of gold (XAUUSD) rose US$ … Read more
Live Timeline 12:08 WIB 10:48 WIB 09:03 WIB Bisnis.comJAKARTA — Rupiah exchange rate Today tends to be overshadowed by a surge in the US dollar ahead of a speech by officials from the Federal Reserve (The Fed) who will offer direction on the benchmark interest rate policy. The US dollar strengthened in trading Wednesday (8/11/2023) … Read more
Live Timeline 12:29 WIB 10:21 WIB 09:03 WIB Bisnis.comJAKARTA – Rupiah exchange rate Today it is predicted to continue weakening after being corrected in yesterday’s trading. Sentiment from abroad will be quite strong in influencing the rate of the rupiah. Forexindo Futures Profit Director Ibrahim Assuaibi said the rupiah currency today is predicted to fluctuate … Read more
Live Timeline 16:01 WIB 15:12 WIB 13:45 WIB 12:08 WIB 10:09 WIB 08:59 WIB 08:40 WIB Bisnis.comJAKARTA – Composite stock price index (IHSG) has the opportunity to rebound in trading on Tuesday (31/10/2023) amid projections of the Federal Reserve increasing interest rate advanced. CEO of Yugen Bertumbu Sekuritas, William Surya Wijaya, said that ahead of … Read more
Jakarta, CNBC Indonesia – The crypto market simultaneously strengthened within 24 hours, after market concerns emerged that interest rates would remain at high positions for a long time. Referring from CoinMarketCap on Saturday (30/9/2023) at 06.07 WIB, the majority of the crypto market strengthened. Bitcoin edged down 0.46% to US$26,880.44 and rose 1.17% weekly. Ethereum … Read more
Central Banks Worldwide Raise Interest Rates to Combat High Inflation Jakarta – Central banks around the world are taking decisive action to address the issue of high inflation by raising interest rates. Despite concerns that this policy could potentially slow down the economy, central bank officials argue that it is necessary to prevent prolonged inflationary … Read more