Daily Report | 9 May 2022
Speculation of a 75 bps increase in the Fed Funds Rate (FFR) in June. Wall Street's main indexes continued closing lower
Speculation of a 75 bps increase in the Fed Funds Rate (FFR) in June. Wall Street's main indexes continued closing lower
Selective buying supported Wall Street's stock market yesterday. The S&P 500 and Dow Jones were up +0.2% each, with
MAPI successfully overturned the net profit in FY21 to positive after booking a negative in FY20. Sales of all segments
BBRI booked 1Q22 net profit of IDR 10.90 trillion (bank-only), jumping 63.4% YoY compared to 1Q21. Net Interest Income
After a 50bps hike in May, investors expect the June Fed Funds Rate (FFR) to rise to 75bps. The speculation pressured
BBCA posted a net profit of IDR 8.06 trillion in 1Q22 (+14.6 YoY), supported by growth in Interest and Non-Interest
In addition to concerns about the Fed's tight monetary policy next week, investors are once again looking at the impact
Investors started to observe Bloomberg’s survey for the next May’s FOMC meeting, which projects an increase to the Fed’s
Speculation of an increase in the Fed Funds Rate (FFR) by 75 bps, pressured Wall Street's stock market to fall more than