Highlights:

 

  • US data and FOMC minutes drive the market
  • Eurozone economic activity has remained subdued
  • China: need more support to recover the economy
  • Continuing budget surplus and expecting lower deficit
  • S&P has reaffirmed BBB grade of Indonesia
  • Last week’s volatile bond market
  • Higher SBN weekly transaction
  • Auction target and result
  • Auction 11 July 2023