Global equities ended the week higher with S&P 500 +2.3% WoW and MSCI Asia ex-Japan +1.5% WoW. In the US, durable goods orders showed a healthy gain of +1.3% MoM in October and personal spending data came better than expected, rising +0.5% MoM in October, suggesting continued resilience for consumers,…

Global equities ended mixed last Friday, US indexes booked slight losses whereas Asian and Europe were closed higher. Daily new covid-19 cases continued to surge across the US, reaching an average of more than 150k per day with rising hospitalization and fatality rate last week. In addition, cases have recently…

Global equities continued to post another rally on the back of rising optimism towards the COVID-19 vaccine development by Pfizer and BioNTech, (S&P 500 gained 2.2%WoW, DJI 4.1%WoW, MSCI Asia ex-Japan +0.8% WoW). Asian equities might poise the week with a gain amidst positive sentiment on trade relationship in the…

Global indexes closed lower last Friday with S&P and Dow Jones down by -1.5% WoW and -3.0% WoW respectively. Investors waved off strong quarterly results from technology heavyweights and focused on the uncertain outlook amid a surge in Covid-19 cases in the US and Europe. Germany and France has re-entered…

Menunjuk Pengumuman Kalender Libur Bursa Tahun 2020 yang dikeluarkan oleh Bursa Efek Indonesia maka disampaikan bahwa Hari Libur Bursa dan Cuti Bersama sehubungan dengan Maulid Nabi Muhammad SAW adalah pada tanggal 28, 29 dan 30 Oktober 2020.

Global equities edged up slightly with S&P 500 +0.2% WoW and MSCI Asia ex-Japan +0.3% WoW on the back of positive 3Q earnings results announced and some supporting economic data. In the US, out of the 10% of the S&P 500 companies that have reported 3Q20 results, 86% have reported…

Global equities recovered some losses from previous weeks, driven by positive development on US fiscal stimulus front. Earlier last week, President Trump called for stimulus negotiations to stop until after election day. He then reversed his decision and said that he is willing to sign a standalone bill for another…

Global equities were closed lower last week with S&P and Dow Jones down by -0.6% WoW and -1.7% WoW respectively. A number of negative developments has weighed the markets. Resurgence of Covid-19 infections has gripped Europe with a record number of daily cases seen in UK and France with positivity…