Macroeconomic Report | PPKM has Limited Demand Recovery
Indonesia Statistics (BPS) recorded the Consumer Price Index (CPI) for July 2021 to experience an inflation of 0.08%
Indonesia Statistics (BPS) recorded the Consumer Price Index (CPI) for July 2021 to experience an inflation of 0.08%
US stock market managed to rebound at the close of trading (03/08); marked by a new record high for S&P 500. The
Dow Jones and S&P500 closed lower on (02/08); while Nasdaq was still able to strengthen slightly. The US Senate has
Wall Street closed the weekend in the red, with all three major indexes weakening. Amazon shares tumbled 7.5%; after the
Amidst ongoing economy recovery in the US, the Federal Reserve holds Fed Fund Rate (FFR) at around 0%-0.25%. Previously,
US stock markets closed higher in trading (29/07); with all three main indexes simultaneously entered the green. US Q2
Wall Street closed mixed in trading (28/07), with the DJIA and S&P500 slightly lower; while Nasdaq managed to
Wall Street closed in the red in trading (27/07); ending the last 5 days of gains. The losses were led by Nasdaq which
WIKA recorded revenue and net profit decline in 1Q21 at 7% YoY and 21% YoY. Meanwhile, new contracts jumped by 85% YoY