Global Market Commentary : May 2025
Market volatility rose in May 2025. The US-China trade deal boosted sentiment despite US fiscal risks looming.
Equity Market Commentary : May 2025
JCI up 14.4% in 3 months, supported by lower BI Rate & US-China trade deal, though domestic consumption remains weak.
Bond Market Commentary : May 2025
Indonesian bonds stable in May 2025. BI rate cut & stronger rupiah support, though global inflation & tariff uncertainty linger.
Money Market Commentary : May 2025
BI Rate cut in line with expectations. Corporate bond yields stay attractive above 6.45% while money market yields decline.