Indonesia CPI
Weighted Dollar Strengthens to Three-Week High, While Bitcoin Weakens to Six-Week Low
August 1, 2023
The dollar strengthened overnight by 1.3% against the Australian dollar, 0.9% versus the New Zealand dollar, 0.6% vis-a-vis the Canadian dollar, 0.5% relative to the Japanese yen, 0.4% against the Swiss franc and sterling, 0.3% versus the Chinese renminbi and Mexican peso, but just 0.2% against the euro. The price of Bitcoin tokens dropped 1.2%. […] More
OPEC Surprise and Release of March Manufacturing Purchasing Manager Surveys
April 3, 2023
The price of West Texas Intermediate oil shot up 6.0% on this first business day of the second quarter following an unexpected decision by OPEC Plus to cut production quotas. This inflationary development arrives amid signs from manufacturing purchasing manager surveys and direct price data suggesting that inflationary pressure may be receding. In the euro […] More