Weekly Report | 11 Jul 2022
With large export portion, Energy and Basic Materials led sectoral strengthening last week. The steady depreciation of
With large export portion, Energy and Basic Materials led sectoral strengthening last week. The steady depreciation of
Rising oil prices and solid employment data, Wall Street mixed the weekend. Both Brent (Sept. 2022) and WTI Crude Oil
Less Hawkish Fed boosts tech stocks, and Nasdaq led Wall Street gains, rising more than 2%. Weekly jobless claims, US
As the market braced for a recession, investors turned to defensive stocks, sending Wall Street up 0.3%. Investors
Factory orders exceeded expectations and UST inverted yields, sending Wall Street closed mixed. May US Factory Orders
The potential for a recession makes analysts' expectations high. Even though Wall Street is on holiday to commemorate
Inflation Above Target and Rupiah at 15,000. US PCE Core Deflator in May was up +0.3% MoM (+4.7% YoY); still high
Manufacturing activity slowed, giving the Fed room to be Dovish in September. Data shows US June ISM Manufacturing fell
Personal Consumption Expenditures high, Wall Street closed 2Q22 lower. US May Core Deflator PCE up +0.3% MoM and +4.7%