Mengonfirmasi Anda bukan dari AS atau Filipina

Dengan memberikan pernyataan ini, saya secara tegas menyatakan dan mengonfirmasikan bahwa:
  • Saya bukan warga negara atau penduduk AS
  • Saya bukan penduduk Filipina
  • Saya, secara langsung maupun tidak langsung, tidak memiliki lebih dari 10% saham/hak suara/kepentingan dari penduduk AS dan/atau tidak mengontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berada di bawah kepemilikan langsung atau tidak langsung untuk lebih dari 10% saham/hak suara/kepentingan dan/atau berada di bawah kontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berafiliasi dengan warga negara atau penduduk AS dalam hal Bagian 1504(a) dari FATCA
  • Saya menyadari tanggung jawab saya jika membuat pernyataan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah dependen AS disamakan dengan wilayah utama AS. Saya berkomitmen untuk membela dan membebaskan Octa Markets Incorporated, direktur dan pejabatnya dari klaim apa pun yang timbul akibat atau terkait dengan pelanggaran apa pun atas pernyataan saya.
Batalkan Konfirmasi
Kami berkomitmen menjaga privasi dan keamanan informasi pribadi Anda. Kami hanya mengumpulkan email untuk menyediakan penawaran khusus dan informasi penting tentang produk dan layanan kami. Dengan memberikan alamat email, Anda setuju untuk menerima surat tersebut dari kami. Jika Anda ingin berhenti berlangganan atau memiliki pertanyaan maupun permasalahan, silakan hubungi Layanan Pelanggan kami.
Konfirmasi
Berita trading
Back
15 Mar 2023

Gold bulls look comfortable above the $1,900 mark amid a softer US Dollar

  • Gold price eyes March high at the $1,915 mark amid falling yields.
  • US CPI release looks pessimistic for the US Dollar.
  • US Retail Sales and PPI data are the highlights for the day.

Gold price is consolidating above the $1,900 mark amid a softer US Dollar and positive risk sentiment. The US Consumer Price Index (CPI) released on Tuesday relaxed investors as the data came in line with expectations.

The US CPI headlines MoM reading came in at 0.4% from the prior 0.5%, and the YoY reading came in at 6.0% from the prior 6.4%. The core component MoM came in at 0.5%, slightly higher than the prior 0.4%, and YoY variant came in at 5.5% from 5.6%. The service, excluding the shelter component, came in softer than expected. The aforementioned data has been perceived positively by investors and as a result, a surge has been seen in US equity complexes on Tuesday. 

Investors have become increasingly cautious and concerned about Tuesday's US CPI release due to the fallout from Silicon Valley Bank (SVB), which has highlighted the underlying damage within the US banking and financial system. As a result, the Federal Reserve (Fed) may need to halt its rate-hiking cycle sooner than expected to address the situation. However, a stronger US CPI release could pose a challenge to this plan.

Nevertheless, a relatively calm US CPI release has made Fed’s job a little easy, as the most concerning part of the inflationary matrix, ex-shelter, had signaled some easing.

Regarding current market dynamics, the March FOMC meeting could be a one and done deal for the rate hiking cycle, and the market could speculate on the possibility for a rate cut at the end of 2023. However, more clarity is needed on that front.

Moving on to the economic calendar, US Retails Sales data and Producer Price Index (PPI) is on the docket for Wednesday.  

It will be important to watch the US Retail Sales data if it signals any muted retail activity prior to the FOMC meeting on March 22.

Levels to watch  

 

Mar 15, 2023

Indonesia Exports came in at 4.51% below forecasts (5%) in February

Indonesia Exports came in at 4.51% below forecasts (5%) in February
Baca selengkapnya Previous
Mar 15, 2023

Indonesia Trade Balance registered at $5.48B above expectations ($3.27B) in February

Indonesia Trade Balance registered at $5.48B above expectations ($3.27B) in February
Baca selengkapnya Next