Daily Report | 10 June 2022
ECB rate hike signal raised investors' concerns ahead of US CPI data. ECB will end quantitative easing on July 1, raise
ECB rate hike signal raised investors' concerns ahead of US CPI data. ECB will end quantitative easing on July 1, raise
Profit taking pushes yield FR0091 up 14 bps. Investors took advantage of Cadev Indonesia's positive sentiment for the
UST10Y was traded with a yield of 3%, and the price of Brent crude oil broke through the level of USD 120/barrel,
Core inflation was maintained, and price in of FFR increase in June, boosted Wall Street upwards. The survey showed that
Selective Government in SUN Auction. Based on DJPPR data, the number of bids that entered the SUN auction was IDR 43.5
UST10Y Yield Back to 3%, ahead of US May MoM CPI which is projected to rebound (Cons. 0.7%; Vs. Apr. 0.3%), next Friday.
Strong labor market, US economy ready for more aggressive FFR hikes. Wall Street closed lower, with Nasdaq down 2.4%,
Yield FR0091 is below 7%. Selective buying sent the benchmark 10-year SUN FR0091 down to 6.99%. Market participants
Megacap growth stock led Wall Street's gains, with Nasdaq up 2.7%. Investors responded positively to the US labor market