Global Market Commentary : December 2025

In December 2025, the month is dominated by volatility related to The Fed decision coming mid-December. Contrary to market expectations, a December cut became less clear due to cautious comments made by Fed Chair Jerome Powell. However, this sentiment is reversed with the data showing a slower economy. ADP data showed that The US market […]
Equity Market Commentary : December 2025

Indonesia’s economy strengthened in 3Q25, supported by solid GDP growth, rising inflation, improving PMI, and expansionary fiscal policy.
Bond Market Commentary : December 2025

Bond markets weakened ahead of November as BI held rates, Fed cut expectations shifted, and rising yields created entry opportunities.