{"id":5735,"date":"2025-08-20T02:50:15","date_gmt":"2025-08-20T02:50:15","guid":{"rendered":"https:\/\/himdasun.or.id\/?p=5735"},"modified":"2025-08-20T02:50:16","modified_gmt":"2025-08-20T02:50:16","slug":"weekly-fixed-income-research-em-assets-benefit-from-softer-usd","status":"publish","type":"post","link":"https:\/\/himdasun.or.id\/en\/2025\/08\/20\/weekly-fixed-income-research-em-assets-benefit-from-softer-usd\/","title":{"rendered":"Weekly Fixed-Income Research: EM Assets Benefit From Softer USD"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Global Market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 Rates and FX weekly recap: EM assets benefit from softer USD<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 EM bonds: currencies continue to appreciate; yields ease slightly<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 Global central bank recap: no central bank rate hike<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Domestic Market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 Conventional Bond Auction Result (12-Aug): Demand Hits All-Time High<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 Onshore banks maintained their dominance in the primary market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 SRBI rates drop further ahead of BI meeting<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 Foreign inflows back-to-back: two straight weeks, YTD highs across rupiah assets<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00b7 Trading volume in the secondary market was stable, with the 5-yr FR104 as the most attractive series<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Week Ahead Calendar (18 \u0096 22 Aug):<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Global attention turns to central banks and growth signals, with the Fed\u0092s Jackson Hole Symposium (22-Aug) and FOMC minutes (21-Aug) in focus for policy clues, alongside Powell\u0092s speech and remarks from dissenting members. US housing data and the flash PMIs across major economies will test growth momentum, while the UK\u0092s and Canada\u0092s inflation figures, plus Japan\u0092s CPI, will provide updates on price trends. Policy decisions are due from the PBoC (expected steady at 3% for the 1-yr loan prime rate on 20-Aug), the Riksbank (expected hold at 2.0% on 20-Aug), the RBNZ (expected 25 bps cut to 3.0% on 20-Aug), and Bank Indonesia (expected hold at 5.25% on 20-Aug).<\/p>","protected":false},"excerpt":{"rendered":"<p>Global Market \u00b7 Rates and FX weekly recap: EM assets benefit from softer USD \u00b7 EM bonds: currencies continue to [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[7],"tags":[],"class_list":["post-5735","post","type-post","status-publish","format-standard","hentry","category-market-research"],"_links":{"self":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts\/5735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/comments?post=5735"}],"version-history":[{"count":1,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts\/5735\/revisions"}],"predecessor-version":[{"id":5736,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts\/5735\/revisions\/5736"}],"wp:attachment":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/media?parent=5735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/categories?post=5735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/tags?post=5735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}