Mirae Asset Sekuritas Indonesia Macro update by Mangesti Diah Sulistiani Nov 14, 2018 October CCI plunged to 119.2pt, the lowest point since February 2017 The headline consumer confidence index (CCI) for the month of October fell by 3.2pt to 119.2pt from 122.4pt in September (-1.24% YoY, -2.60% MoM), according to a...
Oleh Jameel Ahmad, Global Head of Currency Strategy & Market Research FXTM Dolar kembali berkibar dan membawa risiko penurunan berbagai mata uang lainnya di seluruh dunia. Indeks Dolar melonjak ke level tertinggi sejak Juni 2017 di awal pekan perdagangan ini, mencapai level tertinggi 17-bulan untuk Dolar dan rekor terendah untuk...
DAMHURI NASUTION | Head of Economic Research & Team In September 2018, Indonesia posted a trade surplus of USD227.1 mn as exports (USD 14.8 bn) exceeded imports (USD 14.6 bn). Although both contracted on a monthly basis, they still grew on a yearly comparison. Exports fell by 6.6% mom (+1.8%...
Danareksa Equity Snapshot - Strategy: The Worst is Now Behind Us November 12, 2018 10:34 Helmy Kristanto The CAD widened to USD8.8b in 3Q18, translating into 3.37% of GDP, but it was less than our expectation of 3.5-3.6%. The worsening CAD was mainly driven by the Goods Account turning into a deficit...
Danareksa Equity Snapshot - Plantation Sector (OVERWEIGHT) Oct 18 Inventory:Up But Below Expectations November 13, 2018 09:38 WIB Yudha Gautama Malaysia’s palm oil stockpile climbed further to 2.72mn tons in Oct 18 (+23.6% YoY, +7.6% MoM), albeit missing the consensus estimate of 2.86mn tons, due to stronger-than-expected exports performance in Oct 18....
Eugene Leow, Rates Strategist Neel Gopalakrishnan, Credit Strategist DBS Group Research Rates: Close call on BSP; leaning toward a pause By many measures, policy settings in the Philippines’ is still too loose. However, we are leaning towards the possibility (just barely) that Bangko Sentral ng Pilipinas (BSP) would stand pat on Thursday...
Nathan Chow, Strategist/Economist DBS Group Research China’s exports data in October surprised to the upside (actual: 15.6% YOY vs. forecast: 11.7% YOY), likely reflecting continued shipment frontloading and strong US demand. However, new export order of the manufacturing PMI suggests that the recent strength in shipment will prove fleeting. The immediate...
Jameel Ahmad - Global Head of Currency Strategy & Market Research FXTM Jakarta, 12 November 2018 - Reaksi investor terhadap berita bahwa Dolar telah melonjak ke level tertinggi 2018 baru di awal hari Senin ini dan bagaimana berita ini mengubah pendekatan mereka terhadap pasar berkembang akan menjadi faktor penting...
Samuel Tse, Economist DBS Group Research China’s retail sales and industrial production figures are expected to ease further in October. Hong Kong and Japan will likely report softening growth figures due to extreme weather conditions. Malaysia’s 3Q GDP growth is forecast to remain stable, thanks to both the favourable domestic demand and...
PT BCA Sekuritas Pandu Anugrah, Head of Research Johanes Prasetia, Equity Analyst 3Q18 revenue grew stronger Aggregate 3Q18 revenue in the retail sector exhibited positive momentum of 14.4% YoY vs. softer growth in the past two consecutive quarters (1Q18 and 2Q18 of 13.5% and 9.9% YoY, respectively). This was largely driven by stronger...