Market Overview

Peristiwa utama minggu ini Peristiwa utama minggu ini (December 09 – December 13)

2024.12.09
The focus this week is on global central banks meetings and inflation data
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OPEC+ countries postponed production cuts until spring. The Reserve Bank of India (RBI) unexpectedly lowered the cash reserve ratio 

2024.12.06
The Reserve Bank of India (RBI) unexpectedly cut the cash reserve ratio (CRR) by 50 basis points to 4.0%, the first cut since April 2020. The RBI governor said the decision was in line with the centra...
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Bitcoin has surpassed the $100,000 mark for the first time. Today, the focus of oil traders is on the OPEC+ meeting

2024.12.05
Bitcoin prices soared above the key $100,000 mark on Thursday, hitting new all-time highs, as Donald Trump's imminent return to the White House sparked optimism for a more favorable regulatory environ...
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Australian dollar declines amid weak GDP data. Short-term martial law was imposed in South Korea

2024.12.04
The Bank of Korea announced today that it will temporarily take measures to boost short-term liquidity in response to market volatility caused by the country's brief declaration of martial law.
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ECB may go for a double rate cut in December. US stock indices continue to update historical highs

2024.12.03
ECB Governing Council spokesman Kazaks said that the ECB is likely to cut interest rates at next week's meeting and that a larger move is currently under discussion.
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Donald Trump threatens the BRICS bloc with high tariffs. The Canadian dollar fell after weak GDP data

2024.12.02
Canada's third-quarter GDP grew at a 1% annualized rate after an upwardly revised 2.2% in the second quarter, which was in line with market expectations but short of the Central Bank's estimate of 1.5...
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Peristiwa utama minggu ini Peristiwa utama minggu ini (December 02 – December 06)

2024.12.02
The US labor market reports, Swiss inflation data, and the OPEC+ meeting are in focus this week
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Silver prices fell to an 11-week low. The Mexican peso strengthened after diplomatic talksTrump and Sheinbaum

2024.11.29
Silver (XAG/USD) prices fell below $30 an ounce on Thursday, hitting 11-week lows amid weaker demand for the safe-haven metal and weakening prospects for its industrial use.
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The Dollar Index fell to a two-week low. Natural gas prices fell by 7%

2024.11.28
The US natural gas (XNG) prices fell more than 7% to $3.2/MMBtu on Wednesday as markets assessed the outlook for the US gas supply. The latest report from the EIA showed that utilities drew 3 billion...
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As expected, the RBNZ cut the rate by 0.5%. Australia's inflation rate remained at its lowest level since the summer of 2021

2024.11.27
In Australia, the annual CPI reading came in at 2.1%, which is in line with the growth seen in September but below analysts' estimate of 2.3%. This is the lowest inflation rate since July 2021.
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