Today’s Outlook :

 

• US MARKET : Wall Street closed higher on Friday, driven by optimism after a U.S. Supreme Court ruling opened the door to potential relief from President Donald Trump’s tariffs. The positive sentiment helped markets look past weak economic data. The S&P 500 rose 0.7%, the NASDAQ gained 0.9%, and the Dow Jones advanced 0.5%. Investors are also awaiting earnings from NVIDIA later this week.

 

 

Inflation data showed pressures remain elevated, with core PCE for December rising 0.4% m/m and 3.0% y/y—the highest since November 2023 and above the Federal Reserve’s target. Meanwhile, the preliminary estimate for U.S. Q4 GDP growth came in at just 1.4%, well below expectations. These conditions led markets to scale back expectations for a Fed rate cut in June. Trump later announced plans to raise a universal import tariff from 10% to 15%, adding uncertainty to the outlook for U.S. trade policy.

 

 

 

• EUROPEAN MARKET : European stocks rose on Friday as investors digested corporate earnings releases and a raft of recent economic data, while monitoring geopolitical tensions between the U.S. and Iran. Sentiment was also supported by the U.S. Supreme Court ruling that struck down President Trump’s tariff policy. Germany’s DAX gained 1%, France’s CAC 40 rose 1.4%, and the U.K.’s FTSE 100 advanced 0.6%.

 

 

 

•  ASIAN MARKET : Most Asian equity markets closed lower on Friday, weighed by growing uncertainty over the direction of U.S. interest rates and escalating geopolitical tensions involving Iran, prompting investors to shy away from risk assets. South Korea was an exception, with the KOSPI hitting a new record high on sustained optimism toward technology stocks. Chinese markets remained closed for the Lunar New Year holiday.

 

 

In Japan, equities fell following mixed economic data. National CPI inflation for January dropped to its lowest level in nearly four years, while core inflation remained above the Bank of Japan’s 2% target. At the same time, PMI data showed manufacturing activity reached a four-year high in February, supported by strong overseas demand. Hong Kong’s Hang Seng Index fell 0.6% as trading resumed after a three-day holiday, tracking declines in global technology shares.

 

 

 

• COMMODITIES : Oil prices slipped in Monday trading after President Trump announced plans to raise U.S. import tariffs, raising concerns over global economic growth and fuel demand. Brent crude fell 45 cents, or 0.63%, to USD 71.31 per barrel, while WTI declined 50 cents, or 0.75%, to USD 65.98 per barrel. The pullback came despite rising risks of a military conflict between the U.S. and Iran, which had pushed Brent and WTI prices up more than 5% over the previous week.

 

 

 

• INDONESIA : The JCI edged slightly lower, down 0.03% to 8,271.77. Market flows are still expected to favor the commodities sector, which remains a key trading theme this year—particularly oil, alongside gold and nickel. Several oilrelated stocks are worth monitoring for short-term trading opportunities. Investors are advised to remain cautious, using tight stop-loss and trailing-stop strategies amid ongoing market volatility.

 

 

 

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