Daily Economic Research

KBVS ECONOMIC RESEARCH
Friday, 25 April 2025

Macro Highlight :
Global government bond yields generally declined in yesterday’s trading session. Looking ahead, market sentiment is expected to be influenced by further developments in trade negotiations, the release of UK retail sales data, ongoing IMF meetings, and the upcoming release of the University of Michigan’s inflation expectations.

Both the ICBI and ISIX indices continued their upward trend, each recording an identical increase of +0.07% in yesterday’s trading session. However, the JISDOR Rupiah exchange rate, which remained at IDR16,884 per USD (Prev: IDR16,880 per USD), warrants close attention. Additionally, ongoing trade tensions and negotiations between Indonesia and the United States are likely to remain a key concern for domestic market participants today.

We anticipate a marginal decrease in the 10Y SUN yield today (25 Apr ‘25), projecting it to range between 6.82% and 7.02%.

 

Regards,    
KBVS Research Team

 

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Unduh