Jakarta, CNBC Indonesia – Market participants were on alert on Thursday (17/6/2021) as seen from corrections in the stock market, money market, while yields (yield) government bonds strengthened. Today, the pressure is still great, especially triggered by the bad news of the pandemic. Yesterday’s Composite Stock Price Index (JCI) closed with a depreciation of 10.1 … Read more
Jakarta, CNBC Indonesia – The central bank of the United States (US) Federal Reserve System (Fed) significantly increased inflation expectations in 2021. The Fed even proposed a time frame for when to raise interest rates on Wednesday (16/6/2021). In a meeting of the Federal Open Market Committee (FOMC), the Fed changed its stance by accelerating … Read more
Jakarta, CNBC Indonesia – The United States (US) stock market opened mixed on Wednesday (16/6/2021), ahead of a statement by a central bank official (Federal Reserve/The Fed) regarding the direction of monetary policy going forward in the early hours of the morning. The Dow Jones Industrial Average fell 48 points (-0.14%) at 08:30 local time … Read more
Jakarta, CNBC Indonesia – The attention of global market players this week is focused on the announcement of the monetary policy meeting of the United States (US) central bank or The Fed. You know, the issue tapering or a reduction in the value of the asset purchase program (quantitative easing/QE) will be answered on Thursday … Read more
Jakarta, CNBC Indonesia – In the last 3 trading days, the price of gold kconsistently under pressure. After briefly closing in on the psychological level of US$ 1,900/troy ounce, gold prices reversed direction. Tuesday (15/6/2021), world gold prices on the spot market weakened 0.15% to US$ 1,863.2/troy ounce. Coinciding with the weakening of gold, the … Read more
Jakarta, CNBC Indonesia – World gold prices are under pressure this week due to issues tapering who have not left the financial markets. Reflecting on history, world gold prices could fall by more than 45% as a result of tapering. When world gold prices collapse, domestic prices for precious metals such as Antam’s gold also … Read more
Jakarta, CNBC Indonesia – Gold and Bitcoin are like rivals. If the price of gold rises, the price of digital assets mother of all cryptos Bitcoin tends to go down. Both of them are competing with each other to be glimpsed by investors and traders, both retail and institutional. Limited supply amid ultra-loose monetary policy and … Read more
Jakarta, CNBC Indonesia – The central bank of the United States (US) or The Federal Reserve (The Fed) announced it would not extend the rules implemented during the COVID-19 pandemic that would allow banks to loosen the supplementary leverage ratio (SLR) of banks to US Treasurys and other holdings . This rule allows banks to … Read more
Jakarta, CNBC Indonesia – The Central Bank of the United States (US), The Federal Reserve (The Fed) finally released its statement Wednesday (17/3/2021). This is about the economy in 2021 as well as the policy regarding interest rates. Quoted from ReutersThe Fed admitted that the US economy was heading for its strongest growth in nearly … Read more
Jakarta, CNBC Indonesia – United States dollar (US) the king of world currencies fell. The US dollar index, which measures the strength of Uncle Sam’s currency, continued to decline until it touched its lowest level in more than 2 years. The fall of the US dollar has actually been predicted by many analysts several months … Read more