Research & Stock Picks

Macro Strategy Insight

20 November 2023

By

Macro Strategy and Fixed Income Weekly 2023-11-18

  • Kami memperkirakan Indonesia akan kembali mencatat defisit neraca berjalan senilai USD -2bn pada 3Q23 (2Q23: USD -1.9bn) karena besaran surplus neraca dagang yang tidak berubah pada kuartal yang sama senilai USD 7.8bn (2Q23: USD 7.8bn).
  • Menurut kami, Bank Indonesia masih mempunyai ruang untuk menaikkan suku bunga acuan BI 7DRRR sebanyak 25 bps menjadi 6.25% karena tingginya tingkat suku bunga diskonto SRBI 12M, walaupun tren suku bunga SRBI cenderung menurun dalam 2 minggu terakhir.
  • Rilis data inflasi CPI dan PPI Amerika Serikat untuk bulan Oktober meyakinkan pelaku pasar bahwa siklus kenaikan suku bunga The Fed sudah berakhir.\
  • Fokus investor pasar global akan tertuju pada rilis data PMI manufaktur dan jasa di Amerika Serikat dan Eropa pada hari Kamis (23/11) dan Jumat depan (24/11) untuk memastikan apakah ekonomi global akan mengalami soft atau hard landing pada tiga kuartal mendatang (4Q23-2Q24).

Share This:

Highlights

Macro Strategy Weekly 2023-11-18 (Ind)
Macro Strategy Weekly 2023-11-18 (Eng)

Download PDF

Macro Strategy Weekly 2023-11-18 (Ind)
Macro Strategy Weekly 2023-11-18 (Eng)

More Related

harga minyak turun

Company Reports

Oct 11, 2024

Oil Weekly (11 October 2024): USD 78.2/bbl (+6.3% WoW)

prospek cerah batubara

Company Reports

Oct 11, 2024

Coal Weekly (11 October 2024): USD 150/ton (+4.7% WoW)

Company Reports

Oct 11, 2024

SSI Surveillance: Poultry Mid-Week (10 October 2024)

Company Reports

Oct 11, 2024

Palm Oil Weekly (11 October 2024): CPO MYR 4,269 (+0.9% WoW)

Economic Reports

Oct 11, 2024

Samuel Daily Economic Insights 11 October 2024

Technical Stock Analysis

Oct 11, 2024

Daily Stock Technical – 11 Oct, 2024

Morning Briefs

Oct 11, 2024

IHSG Berpotensi Menguat Hari Ini

Economic Reports

Oct 10, 2024

Samuel Daily Economic Insights 10 October 2024

Morning Briefs

Oct 10, 2024

IHSG Berpotensi Melemah Hari Ini

Technical Stock Analysis

Oct 10, 2024

Daily Stock Technical – 10 Oct, 2024

Company Reports

Oct 9, 2024

SSI Surveillance: Raw Materials (04 – 08 October 2024)

Company Reports

Oct 9, 2024

SSI Surveillance: Raw Materials (04 – 08 October 2024)

Economic Reports

Oct 9, 2024

Samuel Daily Economic Insights 9 October 2024

Technical Stock Analysis

Oct 9, 2024

Daily Stock Technical – 09 Oct, 2024

Morning Briefs

Oct 9, 2024

IHSG Diperkirakan Turun Hari Ini

Economic Reports

Oct 8, 2024

Indonesia Consumer Confidence Index: 8 October 2024

Economic Reports

Oct 8, 2024

Samuel Daily Economic Insights: 8 October 2024

Technical Stock Analysis

Oct 8, 2024

Daily Stock Technical – 08 Oct, 2024

pasar minyak tertekan

Company Reports

Oct 7, 2024

Oil Weekly (07 October 2024): USD 75.0/bbl (+2.4% WoW)

Company Reports

Oct 7, 2024

Gold Weekly (07 October 2024): USD 2,653/Oz (-0.1% WoW)

batu bara melonjak

Company Reports

Oct 7, 2024

Coal Weekly (07 October 2024): USD 144/ton (+1.4% WoW)

tembaga turun

Company Reports

Oct 7, 2024

Copper Weekly (07 October 2024): USD 9,792/ton (+1.5% WoW)

Company Reports

Oct 7, 2024

Nickel Weekly (07 October 2024): USD 17,515/ton (+6.2% WoW)

Economic Reports

Oct 7, 2024

Indonesia Foreign Exchange Reserves: 7 October 2024

Economic Reports

Oct 7, 2024

Samuel Weekly Economic Insights: 7 October 2024

Morning Briefs

Oct 7, 2024

IHSG Berpotensi Menguat Hari Ini

Technical Stock Analysis

Oct 7, 2024

Daily Stock Technical – 07 Oct, 2024

Company Reports

Oct 4, 2024

Palm Oil Weekly (4 October 2024): CPO MYR 4,232 (-0.1% WoW)

Economic Reports

Oct 4, 2024

Samuel Daily Economic Insights 4 October 2024

Technical Stock Analysis

Oct 4, 2024

Daily Stock Technical – 04 Oct, 2024

inflasi tahunan indonesia

Morning Briefs

Oct 4, 2024

IHSG Berpotensi Melemah Hari Ini

Technical Stock Analysis

Oct 3, 2024

Daily Stock Technical – 03 Oct, 2024

Morning Briefs

Oct 3, 2024

IHSG Berpotensi Sideways Hari Ini

Economic Reports

Oct 2, 2024

Samuel Daily Economic Insight 2 October 2024

Company Reports

Oct 2, 2024

SSI Surveillance: Raw Materials (26 Sept – 01 October 2024)

Technical Stock Analysis

Oct 2, 2024

Daily Stock Technical – 02 Oct, 2024

Morning Briefs

Oct 2, 2024

IHSG Berpotensi Melemah Hari Ini

Economic Reports

Oct 1, 2024

Indonesia September Inflation: 1 October 2024

bank jago

Company Reports

Oct 1, 2024

ARTO: HOLD – TP at 3,000

laba bank bmri

Company Reports

Oct 1, 2024

BMRI: BUY – TP at 8,500

Economic Reports

Oct 1, 2024

Indonesia Manufacturing PMI: 1 October 2024

Economic Reports

Oct 1, 2024

Samuel Daily Economic Report 1 October 2024

Technical Stock Analysis

Oct 1, 2024

Daily Stock Technical – 01 Oct, 2024

harga emas naik

Company Reports

Sep 30, 2024

Gold Weekly (30 September 2024): USD 2,655/Oz (+2.7% WoW)

harga tembaga naik

Company Reports

Sep 30, 2024

Copper Weekly (30 September 2024): USD 9,651/ton (+3.7% WoW)

Company Reports

Sep 30, 2024

Nickel Weekly (30 September 2024): USD 16,488/ton (+2.8% WoW)

Economic Reports

Sep 30, 2024

Quarterly Economic Insight – 3rd Quarter 2024

Technical Stock Analysis

Sep 30, 2024

Daily Stock Technical – 30 Sep, 2024

Morning Briefs

Sep 30, 2024

IHSG Berpotensi Sideways Hari Ini

harga minyak turun

Company Reports

Sep 27, 2024

Oil Weekly (27 September 2024): USD 73.7/bbl (+0.6% WoW)

prospek cerah batubara

Company Reports

Sep 27, 2024

Coal Weekly (27 September 2024): USD 141/ton (+4.4% WoW)

Technical Stock Analysis

Sep 27, 2024

Daily Stock Technical – 27 Sep, 2024

Economic Reports

Sep 27, 2024

Samuel Daily Economic Report 27 September 2024

Morning Briefs

Sep 27, 2024

IHSG Berpotensi Sideways Hari Ini

Company Reports

Sep 26, 2024

Palm Oil Weekly (26 September 2024): CPO MYR 4,235 (+7.3% WoW)

Technical Stock Analysis

Sep 26, 2024

Daily Stock Technical – 26 Sep, 2024

Morning Briefs

Sep 26, 2024

IHSG Berpotensi Sideways Hari Ini

Economic Reports

Sep 25, 2024

Samuel Daily Economic Report 25 September 2024

Morning Briefs

Sep 25, 2024

IHSG Diprediksi Menguat Hari Ini

Technical Stock Analysis

Sep 25, 2024

Daily Stock Technical – 25 Sep, 2024

Company Reports

Sep 24, 2024

SSI Surveillance: Poultry Weekly (24 September 2024)

Technical Stock Analysis

Sep 24, 2024

Daily Stock Technical – 24 Sep, 2024

Economic Reports

Sep 24, 2024

Samuel Daily Economic 24 September 2024

Company Reports

Sep 23, 2024

Copper Weekly (23 September 2024): USD 9,310/ton (+3.1% WoW)

Company Reports

Sep 23, 2024

Nickel Weekly (23 September 2024): USD 16,033/ton (+2.1% WoW)

harga emas naik

Company Reports

Sep 23, 2024

Gold Weekly (23 September 2024): USD 2,584/Oz (+2.0% WoW)

Economic Reports

Sep 23, 2024

Samuel Weekly Economic Report 23 September 2024

Technical Stock Analysis

Sep 23, 2024

Daily Stock Technical – 23 Sep, 2024

Morning Briefs

Sep 23, 2024

IHSG Berpotensi Menguat Hari Ini

peluang aces ditengah gejolak ekonomi

Company Reports

Sep 20, 2024

ACES: 8M24 SSSG

Company Reports

Sep 20, 2024

Palm Oil Weekly (20 September 2024): CPO MYR 3,948 (+0.3% WoW)

Technical Stock Analysis

Sep 20, 2024

Daily Stock Technical – 20 Sep, 2024

Economic Reports

Sep 20, 2024

Samuel Daily Economic Daily 20 September 2024

Morning Briefs

Sep 20, 2024

IHSG Berpotensi Menguat Hari Ini

Economic Reports

Sep 19, 2024

Fed Rate Meeting: 19 September 2024

Economic Reports

Sep 19, 2024

Samuel Daily Economic Report 19 September 2024

Morning Briefs

Sep 19, 2024

IHSG Berpotensi Menguat Hari Ini

Company Reports

Sep 18, 2024

SMRA: BUY (upgrade), TP at 800 (from 700) – 2Q24 Results

Economic Reports

Sep 18, 2024

BI’s 7-Day Repo Rate: 19 September 2024

Economic Reports

Sep 18, 2024

Samuel Daily Economic Report 18 September 2024

Morning Briefs

Sep 18, 2024

IHSG Diperkirakan Bergerak Sideways Hari Ini

Technical Stock Analysis

Sep 18, 2024

Daily Stock Technical – 18 Sep, 2024

Economic Reports

Sep 17, 2024

Balance of Trade 17 September 2024

Economic Reports

Sep 17, 2024

Samuel Weekly Economic Insights 17 September 2024

Technical Stock Analysis

Sep 17, 2024

Daily Stock Technical – 17 Sep, 2024

Company Reports

Sep 13, 2024

SSIA Site Visit: Indonesia’s Future Industrial Hub

Company Reports

Sep 13, 2024

Palm Oil Weekly (13 September 2024): CPO MYR 3,909 (-0.7% WoW)

pertumbuhan film

Company Reports

Sep 13, 2024

FILM: BUY (Maintain), TP: IDR 7,000 (from 5,500) – Love is in the Air

Technical Stock Analysis

Sep 13, 2024

Daily Stock Technical – 13 Sep, 2024

Morning Briefs

Sep 13, 2024

IHSG Berpotensi Menguat Hari Ini

laba astra

Company Reports

Sep 12, 2024

ASII: 8M24 Auto Sales

Company Reports

Sep 12, 2024

DCII: Non-rated – Powering the Digital Revolution

Economic Reports

Sep 12, 2024

Samuel Daily Economic Report 12 September 2024

Morning Briefs

Sep 12, 2024

IHSG Diperkirakan Bergerak Sideways Hari Ini

Technical Stock Analysis

Sep 12, 2024

Daily Stock Technical – 12 Sep, 2024

Company Reports

Sep 11, 2024

Poultry Weekly (09 September 2024)

Economic Reports

Sep 11, 2024

Samuel Daily Economic Report 11 September 2024

Morning Briefs

Sep 11, 2024

IHSG Diperkirakan Melemah Hari Ini

Technical Stock Analysis

Sep 11, 2024

Daily Stock Technical – 11 Sep, 2024