HIGHLIGHTS

 

  1. Yield of 10-year Indonesia Government Bonds is 7.252% on July 16, 2026, vs 7.244% the day before. Meanwhile, the 10-year US Treasury yield rose by 2 bps to 4.57% yesterday.
  2. Government bonds volume was IDR42.50 trillion, and it was dominated by short term (< 5 years). It was increased than the previous day transaction of IDR32.85 trillion. The volume lower than its YTD average of IDR49.43 trillion. While the outright transaction reached IDR18.76 trilion dropped from the previous day's transaction which amount to IDR21.49 trilion.
  3. Meanwhile, the total volume of corporate bonds was recorded at IDR6,260 billion, dominated by short term (< 5 years). The transaction volume dropped compared to the previous day's volume of IDR9,039 billion. The volume higher compared to this year's average of IDR3,313 billion. Meanwhile, outright transaction recorded at IDR6,260 billion fell from the previous day's transaction of IDR9,037 billion.
  4. The Rupiah exchange rate against the US Dollar strengthened by 0.45% to IDR17,985 from IDR18,067 while the JCI increased 1.10% from 6,042 to 6,108. Then Brent fell from 84.95 to 84.73 USD per barrel, while WTI Cushing Crude Oil Spot price fell from 79.60 to 79.54 USD per barrel.

 

GLOBAL UPDATES

 

  1. US retail sales rose 0.2% MoM in June 2026, matching market expectations but slowing from a revised 1.0% increase in May, indicating resilient consumer spending despite lower gasoline prices. Excluding gasoline, retail sales increased 0.7%, while the control group used to calculate GDP rose 0.5%. Gains were led by motor vehicles (+1.9%), non-store retailers (+1.9%), sporting goods (+1.3%), and electronics (+0.8%), while gasoline station sales fell 5.3% amid lower fuel prices. (CNBC)

 

DOMESTIC UPDATES

 

  1. Indonesia’s FDI (excluding financial and oil & gas sectors) surged 27.4% YoY to a record IDR258tn in 2Q26, accelerating from 8.5% in Q1 and marking the strongest growth since 4Q24 despite global uncertainty. Investment was driven mainly by the base metals, services, and mining sectors, while Singapore, Hong Kong, China, Japan, and Malaysia remained the largest investors. In 1H26, FDI increased 17.3% YoY to IDR433tn, with Singapore contributing the largest share at USD8.8bn. (BKPM)

 

To see the full version of this daily update, please click here