Research & Stock Picks

Economic & Fixed Income

27 June 2023

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Macro Strategy Weekly 27 June 2023

Update Minggu Sebelumnya 19 – 25 Juni 2023:

  • Momentum pasar global berbalik akibat kemungkinan Fed rate hike Juli dan memburuknya situasi di Eropa
  • Modal asing terus keluar dari IHSG, ragu-ragu untuk masuk ke pasar obligasi Indonesia
  • Ekspektasi pasar terhadap kenaikan suku bunga Fed masih bertahan 1X25 bps di 2H23
  • Kondisi inflasi di Inggris genting, memaksa BOE menaikkan suku bunga 50 bps disertai potensi kenaikan tambahan minimal 2X25 bps
  • Potensi Kenaikan suku bunga terminal BOE (+75 bps) dan ECB (+25 bps) dapat mendorong ekonomi Eropa ke jurang resesi yang lebih dalam
  • Tanda-tanda resesi di Amerika Serikat dan Eropa semakin kuat, hard landing di 2H23 sulit terelakkan akibat potensi kenaikan terminal rate

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Macro Strategy Weekly 2023-06-27 (Ind)
Macro Strategy Weekly 2023-06-27 (Eng)

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Macro Strategy Weekly 2023-06-27 (Ind)
Macro Strategy Weekly 2023-06-27 (Eng)

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