Artık bundan sonra biz Elev8’iz

Biz yalnızca bir aracı kurumdan fazlasıyız. Analiz etmek, işlem yapmak ve büyümek için ihtiyacınız olan her şeyi tek bir yerde sunan, hepsi bir arada bir işlem ekosistemiyiz. İşlem deneyiminizi bir üst seviyeye taşımaya hazır mısınız?

Indonesia: Inflation is expected to pick up moderate pace – UOB

Economist at UOB Group Enrico Tanuwidjaja reviewed the recent inflation figures in Indonesia and the prospects for the next periods.

Key Quotes

“March 2020’s headline inflation maintained at 2.96% y/y vis-à-vis February’s 2.98%, according to the data released by National Statistics Bureau. Overall, the increase in food, F&B accommodation, health, and personal-care-and-other-services inflation offset the deflation in transportation.”

“Overall, price pressures remain benign, bringing inflation to stay within Bank Indonesia’s to 2.0% – 4.0% target band. This may be additional consideration for Bank Indonesia (BI) to further cut its policy rate in supporting the domestic economy amidst coronavirus (Covid-19) outbreak. We expect that the BI may cut another 25bps in April’s MPC to 4.25% and it is likely to be the last rate cut for 2020, bringing the BI 7 Day Reverse Repo rate back to its lowest point before the cumulative 175bps of hikes in 2018.”

“Going forward, we view that inflation will grow moderately due to the supply disruption amidst Covid-19 outbreak while slower demand due to containment efforts (i.e. travel restriction, social distancing, work from home) will keep the inflation level in check… On the balance, we continue to see the full year inflation average to register at 3.5%. Stable inflation rates will continue to support the overall economic growth momentum for Indonesia.”

Oil: Expect lower prices for longer – ANZ

Oil market demand destruction due to lockdowns is significant, with estimates of 20mb/d. Further, the price war between Russia and Saudi Arabia contin
Devamını oku Next