Research & Stock Picks

Economic & Fixed Income

16 May 2023

By

Macro Strategy Weekly

Update Minggu Sebelumnya 8 – 14 Mei 2023:

  • Pasar obligasi melanjutkan bullish rally pasca-rilis data inflasi CPI AS, tapi IHSG tertekan koreksi di pasar komoditas
  • Salah satu pemicunya adalah kenaikan ekspektasi terminal rate suku bunga acuan BOE menjadi 5% (Prev: 4.5%)
  • Sedangkan ekspektasi suku bunga acuan di AS tidak berubah
  • Meskipun proses disinflasi di AS melambat pada bulan April
  • Berdasarkan data IKK dan penjualan ritel bulan April, tingkat pertumbuhan konsumsi rumah tangga di 2Q23 berpotensi flat
  • Posisi cadangan devisa solid untuk menjaga kestabilan nilai tukar Rupiah dari potensi berlanjutnya arus keluar modal asing

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Macro Strategy Weekly 2023-05-15 (Ind)
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Macro Strategy Weekly 2023-05-15 (Ind)
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