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CHINA’S FOREIGN MINISTER WANG: US SHOULD WORK WITH CHINA IN THE SAME DIRECTION, PROMOTE STABILIZATION
In his in meeting with the Us Executive on tuesday, China Foreign Minister Wang Yi said that “the crux of China-US relations lies in the US’ position of China as the most important strategic competitor and the most important geopolitical challenge.” “This has led to problems in bilateral relat
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US DOLLAR MAKES KNEE-JERK REACTION AFTER FED DOVISH REMARKS
The US Dollar recovers on Thursday after its brief moment of weakness on Wednesday. Traders were surprised by the dovish Fed, which continued to anticipate three rate cuts this year.The US Dollar Index fell to the lower end of 103.00 before staging a rebound. The US Dollar (USD) is enteri
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FED: FIVE INTEREST RATE CUTS OF 25 BPS EACH – COMMERZBANK
Economists at Commerzbank expect the Federal Reserve (Fed) to cut rates only five times by 25 basis points (bps) each cut. Fed to adjust key rates We do not expect the first rate cut until the June meeting and therefore one meeting later than previously assumed. Overall, we now expect five int
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USD/JPY TO HEAD HIGHER TOWARDS LAST YEAR HIGH OF 152.00 – SOCGEN
USD/JPY is approaching the 2023 high of 152.00. Economists at Société Générale analyze the pair’s technical outlook. 146.00/145.50 is a crucial support zone USD/JPY defended the trend line drawn since 2022 at 140.20 resulting in a sharp rebound. It recently crossed above both 50-DMA and 200-DM
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Jelang Akhir Pekan, IHSG Naik ke Level 7.230
Foto: Agung Pambudhy Jakarta Indeks Harga Saham Gabungan (IHSG) pada pembukaan perdagangan pagi ini berada di level 7.209,61. IHSG kemudian bergerak naik ke level 7.230,89 naik 21 poin atau 0,30%. Mengutip data RTI, Jumat (22/12/2023), IHSG bergerak pada level tertingginya di 7.234,11 dan terendah d
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