External broker reports(aggregated public sources), BRI Danareksa Research

BRI Danareksa Research

As a one-stop financial solution with the vision to be the most valuable securities house, BRI Danareksa Sekuritas (BRIDS) has maintained an excellent track record and extensive experience in the capital market as an underwriter, broker, and financial advisor for individual, institutional, foreign and domestic, private and government clients. Established in 1992, PT Danareksa Sekuritas is a securities company that performs activities as a securities broker, underwriter, or arranger and financial advisor. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

As a one-stop financial solution with the vision to be the most valuable securities house, BRI Danareksa Sekuritas (BRIDS) has maintained an excellent track record and extensive experience in the capital market as an underwriter, broker, and financial advisor for individual, institutional, foreign and domestic, private and government clients. Established in 1992, PT Danareksa Sekuritas is a securities company that performs activities as a securities broker, underwriter, or arranger and financial advisor.

Macroeconomics

<ul><li>Macro Strategy &amp; Flows TrackersNavigating the VolatilityIn the absence of a change in rate policy, a surge in yield volatility is a rarity</li><li>We believe that the current IDR and yield volatility is mainly driven by exogenous factors, especially with the expectation of the Fed's 'higher for longer' stance, which has led to a protraction of bear steepening of the UST yield curve as well as strength in the DXY</li><li>Bank Indonesia's focus on reducing currency volatility through forex intervention is in line with the recent decline in forex reserves to USD 135bn in Sept 2023, marking a year-to-date low and the largest monthly drop in 4 months</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Macro Strategy &amp; Flows TrackersNavigating the VolatilityIn the absence of a change in rate policy, a surge in yield volatility is a rarityWe believe that the current IDR and yield volatility is mainly driven by exogenous factors, especially with the expectation of the Fed's 'higher for longer' stance, which has led to a protraction of bear steepening of the UST yield curve as well as strength in the DXYBank Indonesia's focus on reducing currency volatility through forex intervention is in line with the recent decline in forex reserves to USD 135bn in Sept 2023, marking a year-to-date low and the largest monthly drop in 4 monthsContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Macro Strategy & Flows Trackers: Navigating the Volatility