Daily Economic Research

KBVS ECONOMIC RESEARCH
Friday, 13 March 2026

Macro Highlight :
Mojtaba Khamenei’s speech reiterating the possibility of closing the Strait of Hormuz to pressure adversaries pushed global oil prices sharply higher—rising by around 10% yesterday—and intensified concerns over renewed global inflationary pressures. Looking ahead, investors will focus on several key economic releases, including UK GDP, US GDP, the US PCE Price Index, US Durable Goods Orders, and US JOLTS Job Openings, while continuing to closely monitor geopolitical developments.

The local bond market is still feeling the heat from global inflation fears and recent negative news about Indonesia's debt outlook. Investors are now waiting for better global and local economic news before putting their money back into the market.

We anticipate an increase in the 10Y SUN yield today (13 Mar ‘26), projecting it to range between 6.63% and 6.83%.

 

Regards,
KBVS Research Team

 

Please click download button below for full report.

Download