Cermati Invest Weekly Update 27 Oktober 2025

Ulasan Pasar

INDONESIA
TickerW (-/+) %Price
IHSG 4.50% 8,271.72
ISSI 2.88% 207.22
IDX30 8.31% 434.30
FTSE Indonesia 7.39% 3,129.14
MSCI Indonesia 7.79% 6,437.74
USD/IDR 0.06% 16,595.00

Provided by Cermati Invest, last update 24 Oktober 2025

IHSG & Saham Pekan Ini

Indeks, pekan lalu mencatatkan 8354.673 sebagai angka tertinggi 2025, performa IHSG (+)17.74% sepanjang tahun 2025. Up trend sejak April 2025 (kuartal 2). Pekan ini IHSG cenderung koreksi dalam area 7652 (support) - 8300 (resistance), Indeks Saham Syariah jadi pemicunya dan support khusus kuartal 4 adalan 7505.68. Performa IHSG sejak awal Oktober 2025 berada di bawah indeks konstituen dan sektoral. Khusus Indeks Investor-33, Sri-Kehati, Idx-30, LQ45 pada kuartal 4 ini membaik.

Saham, penyebab IHSG terkoreksi dalam nantinya sektor tekno dan basic-industry. Sedangkan non cyclicals, perbankan dan kesehatan diharapkan mampu menjaga IHSG ketika sektor terbaik periode lalu lelah naik dan perlu koreksi.

Pergerakan Rupiah

Masih stabil dalam area Rp16.425 (support) - Rp16.638 - Rp16.975 (resistance) per 1 dolar Amerika.

COMMODITY
TickerW (-/+) %Price
XAU/USD -3.73% 4,083.99
Silver -4.09% 48.32
XPT/USD 0.26% 1,608.40
Nickel 1.49% 15,336.38
Tin 2.68% 35,900.00
Aluminium 3.08% 2,859.90
Crude Oil WTI 8.85% 62.02
Palm Oil c3 F - 4,480.00
Natural Gas 28.32% 4.05
Newcastle Coal 0.63% 104.10
Copper 3.30% 10,944.40

Provided by Cermati Invest, last update 24 Oktober 2025

Emas & Kripto

Emas, setelah 9 pekan harga emas naik terus, pekan lalu akhirnya harga emas dunia terkoreksi tajam, pekan ini terlihat masih melanjutkan koreksinya dalam area US$3779(support) - US$4208 (resistance). All time high US$4381. Ambil kesempatan beli kembali setelah harga emas koreksi tembus ke bawah US$3972 pada pekan ini. Sejak awal tahun Emas sudah naik (+)55.61%, Perak (+)66.90, dan Platinum (+)76.46%.

Emas murni 99.99% di Indonesia sempat mencapai Rp2.335.000/gram menuju resisten Rp2.630.000/gram, sejak awal tahun 2025 sudah bergerak naik (+)60.75%. Emas batangan atau logam mulia harganya di kisaran Rp2.380.000/gram, resisten Rp2.730.000/gram. Beli emas di cermati, tabung dan kumpulkan guna mencapai tujuanmu.

Kripto,

Ethereum (ETH), terlihat rebound, menuju U$4526 (resistance). Sempat all time high di US$4958 pada Agustus 2025, sejak awal tahun 2025 ETH naik (+)26.90%.

Bitcoin (BTC)terlihat rebound, menuju US$120215 (resistance). Sempat all time high di US$125761 BTC, performa sejak awal 2025 (+)23.68%.

REGIONAL
TickerW (-/+) %Price
Dow Jones 2.20% 47,207.12
S&P 500 1.92% 6,791.69
FTSE 100 3.11% 9,645.62
DAX 1.72% 24,239.89
Nikkei 225 1.69% 49,299.65
Hang Seng 3.62% 26,160.15
CSI 300 3.24% 4,660.68
KOSPI 5.14% 3,941.59

Provided by Cermati Invest, last update 24 Oktober 2025

Reksa Dana

Beberapa reksa dana dapat dipantau dan dipertimbangkan untuk mengejar ketinggalan performa investasimu tahun ini, baik yang memberikan dividen maupun tanpa dividen. Performa year to date (YTD) untuk reksa dana pasar uang di kisaran 5% - 6%, reksa dana pendapatan tetap 7% - 11%, sedangkan reksa dana campuran dan saham di kisaran 10% - 25%.

Jangan lupa gunakan promo yang tersedia untuk membeli reksa dana, dapatkan tambahan penghasilan Rp25.000 (syarat & ketentuan berlaku) dalam program referral atau ajak teman. Jika memerlukan Client Advisor kami, jangan sungkan untuk pilih menu Cermati Invest Prioritas.

Surat Berharga

Beberapa obligasi yang kami pilihkan untuk Anda, dapat dilihat dalam tabel atau langsung di aplikasi Cermati.

Menjelang Akhir Oktober, Pasar Keuangan Diwarnai Volatilitas dan Sentimen Global

Pasar keuangan Indonesia kembali dibuka hari ini setelah pekan sebelumnya ditandai dengan volatilitas tinggi. Pergerakan IHSG dan rupiah diperkirakan tetap fluktuatif, dengan minimnya sentimen domestik namun meningkatnya pengaruh faktor global, terutama keputusan suku bunga The Fed yang akan diumumkan pekan ini — menjadi momen penting bagi penutupan pasar bulan Oktober. Dari sisi global, hubungan AS–China kembali memanas setelah Presiden AS Donald Trump mengancam kenaikan tarif mulai 1 November, menanggapi kontrol ekspor logam tanah jarang dari Beijing.

Investor menanti hasil pertemuan antara Trump dan Presiden Xi Jinping pekan depan sebagai penentu arah ketegangan perdagangan kedua negara. Inflasi tahunan AS naik tipis ke 3% pada September 2025 (dari 2.9% di Agustus), sementara inflasi inti turun sedikit ke 3%. The Fed diperkirakan akan kembali memangkas suku bunga sebesar 25 basis poin ke kisaran 3.75 – 4%, level terendah sejak akhir 2022, setelah pemangkasan pertama dilakukan pada September lalu. Dari dalam negeri, sentimen utama diperkirakan berasal dari musim rilis laporan keuangan kuartal III 2025 yang dapat menjadi penggerak IHSG.

Performance IHSG, XAUUSD (Gold), BTCUSD (Bitcoin) & USDIDR since Jan 2025 (YtD)

Reksa Dana

        Inception 
Reksa Dana PASAR UANGNAV1M3M6MYTD1Y3Y%DateAUM
Insight Money Syariah 1712.7713 0.48% 1.53% 3.11% 4.92% 6.11% 17.66% 71.28% 30 Sep 2015 116.84 B
Insight Retail Cash Fund 1658.9126 0.47% 1.41% 3.29% 5.10% 6.29% 16.49% 65.89% 13 Apr 2018 12.03 B
SAM Dana Kas 1493.0613 0.47% 1.61% 3.07% 4.71% 5.15% 14.13% 49.31% 10 Feb 2017 43.56 B
BRI Seruni Pasar Uang III 1835.4583 0.45% 1.35% 2.71% 4.42% 5.45% 15.39% 83.55% 16 Feb 2010 3.35 T
Cipta Dana Cash 1792.61 0.45% 1.59% 3.14% 4.98% 6.05% 16.87% 79.26% 8 Jun 2015 338.38 B
HPAM Ultima Money Market 1681.3668 0.44% 1.46% 2.79% 4.41% 5.45% 15.65% 68.14% 10 Jun 2015 1.22 T
Setiabudi Dana Pasar Uang 1572.1914 0.43% 1.34% 2.72% 4.48% 5.58% 16.26% 57.22% 23 Dec 2016 518.03 B
Syailendra Dana Kas 1756.7928 0.43% 1.39% 2.80% 4.33% 5.33% 15.11% 75.68% 12 Jun 2015 2.05 T
Bahana Likuid Syariah Kelas G 1256.12 0.42% 1.27% 2.57% 4.25% 5.28% 15.07% 25.61% 12 Jul 2016 527.17 B
Danakita Stabil Pasar Uang 1678.11 0.42% 1.37% 2.64% 4.24% 5.20% 15.16% 67.81% 10 Sep 2015 70.26 B
BNI-AM Dana Likuid Kelas A 1981.46 0.40% 1.34% 2.80% 4.35% 5.23% 13.68% 98.15% 27 Dec 2012 472.87 B
TRIM Kas 2 Kelas A 1979.6337 0.40% 1.26% 2.61% 4.37% 5.44% 15.38% 97.96% 8 Apr 2008 5.78 T
Trimegah Kas Syariah 1487.0396 0.40% 1.28% 2.63% 4.27% 5.31% 15.48% 48.70% 30 Dec 2016 1.50 T
BRI Seruni Pasar Uang Syariah 1389.6024 0.38% 1.31% 2.73% 4.50% 5.26% 16.10% 38.96% 19 Jul 2018 1.31 T

Provided by Cermati Invest, last update 24 Oktober 2025

        Inception 
Reksa Dana PENDAPATAN TETAPNAV1M3M6MYTD1Y3Y%DateAUM
BRI Brawijaya Abadi Pendapatan Tetap 1522.6789 2.78% 4.67% 8.70% 12.22% 11.51% 27.92% 52.27% 25 Feb 2019 102.78 B
HPAM Government Bond 1690.7681 2.35% 1.04% 4.87% 5.61% 5.48% 21.01% 69.08% 18 May 2016 26.61 B
BNI-AM Pendapatan Tetap Quality Long Duration Fund 1716.95 2.22% 3.64% 5.33% 6.81% 4.33% 18.02% 71.70% 16 Jun 2016 61.94 B
BNI-AM Dana Pendapatan Tetap Syariah Ardhani 1647.31 2.15% 3.98% 4.39% 5.17% 3.53% 13.24% 64.73% 16 Aug 2016 341.14 B
Eastspring Syariah Fixed Income Amanah Kelas A 1590.83 1.91% 3.75% 6.15% 7.25% 7.79% 18.13% 59.08% 17 Apr 2017 160.26 B
Eastspring IDR Fixed Income Fund Kelas A 1887.98 1.89% 3.87% 7.40% 9.41% 8.79% 23.06% 88.80% 16 Mar 2015 357.27 B
Sequis Bond Optima 1606.8101 1.73% 3.50% 6.95% 8.92% 8.33% 17.81% 60.68% 8 Sep 2016 43.78 B
Cipta Bond 1939.71 1.70% 2.83% 5.66% 8.05% 7.33% 19.92% 93.97% 2 Jan 2019 19.46 B
BRI Melati Pendapatan Utama 2037.6391 1.46% 3.99% 7.07% 9% 8.57% 20.89% 103.76% 27 Sep 2012 84.53 B
Syailendra Fixed Income Fund Kelas A 2806.89 1.38% 3.56% 7.03% 9.52% 8.97% 23.99% 180.69% 8 Dec 2011 282.74 B
Eastspring Investments IDR High Grade Kelas A 1708.45 1.11% 2.02% 4.45% 4.80% 3.47% 16.20% 70.85% 9 Jan 2013 6.37 T
Principal Total Return Bond Fund 2710.4 1.08% 2.92% 4.51% 6.31% 5.60% 7.22% 171.04% 21 Aug 2008 16.89 B
Danakita Obligasi Negara 1196.69 0.77% 2.76% 5.40% 7.74% 7.50% 20.95% 19.67% 26 Mar 2021 52.94 B
UOBAM Inovasi Obligasi Nasional 1098.1962 0.69% 3.89% 2.86% 7.83% 9.21% 22% 9.82% 12 Jan 2021 74.96 B
Insight Renewable Energy Fund 2484.8787 0.59% 3.50% 5.99% 8.38% 10.29% 24.10% 148.49% 22 Jun 2011 1.57 T
Insight Haji Syariah 5492.7131 0.58% 3.17% 5.93% 8.51% 10.05% 25.88% 449.27% 13 Jan 2005 2.49 T
BNI-AM Short Duration Bonds Index Kelas R1 1120.94 0.54% 2.33% 5.15% 6.63% 5.14% 13.68% 12.09% 1 Sep 2022 183.80 B
Eastspring Investments Yield Discovery Kelas A 1681.57 0.53% 2.69% 4.72% 6.01% 4.91% 8.02% 68.16% 29 May 2013 166.34 B
TRIM Dana Tetap 2 Kelas A 3454.87 0.53% 2.67% 5% 7.42% 8.12% 20.87% 245.49% 13 May 2008 2.41 T
Batavia Dana Obligasi Ultima 3003.97 0.47% 1.63% 3.32% 4.07% 3.30% 6.86% 200.40% 20 Dec 2006 934.43 B
SAM Sukuk Syariah Sejahtera 2496.4176 0.24% 2.56% 3.21% 3.93% 2.97% 4.01% 149.64% 29 Oct 1997 52.26 B
Bahana Obligasi Ganesha Kelas D 1034.29 0.10% 1.58% 3.19% 3.69% 3.95% 6.08% 3.43% 26 Oct 2020 712.90 B
Trimegah Fixed Income Plan 1198.115 -0.52% 1.54% 2.84% 4.06% 3.66% 7.32% 19.81% 23 May 2019 5.05 T
HPAM Pendapatan Tetap Prima 1091.5723 -0.54% 1.53% 2.25% 3.06% 3.19% 7.10% 9.16% 29 Oct 2018 673.55 B

Provided by Cermati Invest, last update 24 Oktober 2025

        Inception 
Reksa Dana CAMPURANNAV1M3M6MYTD1Y3Y%DateAUM
Syailendra Balanced Opportunity Fund 4116.1 7.93% 19.28% 34.81% 25.55% 20.90% 22.80% 311.61% 22 Apr 2008 75.67 B
HPAM Flexi Indonesia Sehat Kelas A 2466.9504 5.46% 11.56% 25.51% 27.83% 21.27% 48.93% 146.70% 2 Mar 2011 57.36 B
SAM Mutiara Nusantara Nusa Campuran Kelas A 1684.7131 3.64% 3.84% 8.77% -2.37% -11.25% -7.02% 68.47% 21 Dec 2017 14.47 B
Setiabudi Dana Campuran 1630.0699 2.37% 6.76% 15.81% 13.13% 7.43% 25.17% 63.01% 25 Sep 2017 80.11 B
Sequis Balance Ultima 1259.2724 2.25% 3.22% 6.52% 2.08% -2.35% 7.10% 25.93% 8 Sep 2016 65.35 B
Trimegah Balanced Absolute Strategy Kelas A 2076.2 2.08% 6.58% 30.69% 15.79% 7.14% 24.34% 107.62% 28 Dec 2018 452.37 B
TRIM Kombinasi 2 3086.75 1.98% 5.43% 29.66% 13.57% 5.05% 19.17% 208.68% 10 Nov 2006 27.37 B
TRIM Syariah Berimbang 3686.2 -0.20% 5.31% 27.05% 11.08% 6.49% 21.11% 268.62% 27 Dec 2006 46.90 B

Provided by Cermati Invest, last update 24 Oktober 2025

        Inception 
Reksa Dana SAHAMNAV1M3M6MYTD1Y3Y%DateAUM
SAM Indonesian Equity Fund 2924.85 8.18% 21.60% 41.33% 23% 21.61% 32.04% 192.49% 18 Oct 2011 1.09 T
Syailendra Equity Opportunity Fund 4794.46 6.35% 18.49% 32.02% 16.85% 12.99% 18.91% 379.45% 7 Jun 2007 180.89 B
Principal Indo Domestic Equity Fund 776.54 6.18% 7.01% 22.26% 5.98% -3.76% -8.81% -22.35% 11 Apr 2013 17.08 B
Principal Total Return Equity Fund Kelas O 3536.16 5.55% 7.23% 28.12% 12.32% 2.64% -0.09% 253.62% 1 Jul 2005 23.30 B
BRI Syariah Saham 810.3137 5.34% 9.87% 28.92% 12.15% 2.24% -10.21% -18.97% 18 Sep 2014 13.91 B
Principal Islamic Equity Growth Syariah 1350.73 5.06% 9.69% 29.05% 17.33% 10.42% 11.32% 35.07% 10 Sep 2007 67.44 B
TRIM Kapital Plus 4860.39 4.63% 7.91% 21.40% 9.85% 3.79% 13.58% 386.04% 18 Apr 2008 322.94 B
Bahana Primavera Plus 12781.64 4.43% 3.52% 20.32% 9.31% -4.25% -15.16% 1178.16% 27 May 1997 51.56 B
BNI-AM Inspiring Equity Fund 963.0933 4.26% 7.95% 18.07% 6.11% -5.23% -10.54% -3.69% 7 Apr 2014 1.17 T
BRI Mawar Konsumer 10 Kelas A 1431.0079 3.96% 2.95% 8.37% -4.28% -13.63% -14.29% 43.10% 16 Feb 2011 165.49 B
Batavia Dana Saham Syariah 1638.25 3.82% 2.23% 12.14% 1.86% -4.07% -13.41% 63.83% 19 Jul 2007 25.28 B
Eastspring Investments Alpha Navigator Kelas A 1543.98 3.55% 6.65% 13.20% 1.42% -6.83% 1.20% 54.40% 29 Aug 2012 181.04 B
UOBAM Sustainable Equity Indonesia 959.73 3.10% 5.44% 20.94% 2.61% -5.59% -7.50% -4.03% 4 Aug 2021 74.17 B
TRIM Kapital 11556.32 3.06% 6.78% 17.47% 6.27% -0.07% -3.79% 1055.63% 19 Mar 1997 189.41 B
HPAM Ekuitas Syariah Berkah 2494.6241 2.87% 0.35% 49.41% 30.76% 19.24% 88.17% 149.46% 20 Jan 2020 1.56 T
Danakita Saham Prioritas 1161.26 2.83% 3.07% 7.97% 3.43% -6.19% 1.28% 16.13% 17 Oct 2018 7.12 B
Eastspring Investments Value Discovery Kelas A 1269.06 2.83% 5.97% 14.26% 0.06% -7.61% -7.13% 26.91% 29 May 2013 235.63 B
Batavia Dana Saham Optimal 3059.36 2.78% 3.37% 9.15% -1.47% -8.65% -3.46% 205.94% 19 Oct 2006 258.59 B
BNI-AM Indeks IDX30 772.4 2.37% 1.42% 10.73% 2.13% -8.65% -15.12% -22.76% 28 Dec 2017 1.02 T
Principal Index IDX30 Kelas O 1290.77 2.23% 4.53% 14.06% 5.24% -6.24% -7.60% 29.08% 7 Dec 2012 48.61 B
Insight Sri Kehati Likuid - I Sri Likuid 1102.2282 1.96% 4.20% 10.58% 2.61% -7.86% -4.82% 10.22% 29 Mar 2018 9.38 B
UOBAM Indeks Bisnis-27 1377.6827 1.96% 5.85% 16.51% 6.59% -5.59% -2.84% 37.77% 15 Aug 2012 128.09 B
HPAM Ultima Ekuitas 1 3398.7141 1.85% 2.69% 42.72% 24.51% 11.76% 31.08% 239.87% 2 Nov 2009 722.59 B
BNI-AM Indeks IDX Growth30 Kelas R1 1098.54 1.82% 2.11% 10.48% -0.25% -10.97% -4.46% 9.85% 27 Jan 2022 2.62 B
Bahana Primavera 99 Kelas G 1253.33 1.71% 1.71% 10.96% 2.73% -7.95% -5.45% 25.33% 5 Sep 2014 17.90 B
TRIM Syariah Saham 2085.34 1.27% 7.73% 37.65% 13.75% 6.55% 8.62% 108.53% 27 Dec 2006 82.80 B
Cipta Saham Unggulan Syariah 2429.59 -0.87% 0.61% 14.65% 8.27% 2.70% 0.50% 142.96% 5 Sep 2018 16.06 B
Cipta Saham Unggulan 3049.33 -2.28% 3.51% 9.82% 5.57% 1.68% 4.60% 204.93% 4 Dec 2018 31.74 B

Provided by Cermati Invest, last update 24 Oktober 2025

        Inception 
Reksa Dana USDNAV1M3M6MYTD1Y3Y%DateAUM
Eastspring Syariah Equity Islamic Asia Pacific USD Kelas A 1.497352 4.54% 22.54% 72.59% 60.10% 49.71% 73.16% 49.74% 28 Oct 2016 2.13 M
Batavia Global ESG Sharia Equity USD 1.2749 3.29% 4.53% 19.50% 11.43% 8.97% 40.81% 27.49% 27 Jan 2021 7.27 M
Batavia Technology Sharia Equity USD 1.3185 2.22% 7.90% 38.70% 12.71% 16% 87.02% 31.85% 16 Feb 2022 103.74 M
BRI G20 Sharia Equity Fund Dollar 1.2656 1.43% 1.90% 14.79% 6.91% 2.40% 41.82% 26.56% 3 Dec 2019 1.38 M
BRI Melati Premium Dollar 1.469018 0.98% 3.16% 6.30% 7.53% 4.83% 14% 46.90% 19 Feb 2007 1.92 M
Batavia USD Bond Fund 1.0695 0.45% 1.35% 2.95% 4.56% 2.56% 7.51% 6.95% 18 Oct 2022 55.33 M
STAR Fixed Income Dollar 1.065696 0.33% 1.44% 2.40% 3.59% 4.36% 15.56% 6.57% 10 Jul 2017 15.83 M
Eastspring Syariah Fixed Income USD Kelas A 0.976775 0.32% -0.08% 0.31% 2.02% 0.61% 7.43% -2.32% 8 Mar 2021 7.56 M
Eastspring Syariah Greater China Equity USD Kelas A 0.74776 -1.03% 10.05% 30.43% 24.41% 14.90% 25.80% -25.22% 15 Jun 2020 6.87 M

Provided by Cermati Invest, last update 24 Oktober 2025

Surat Utang/Obligasi

NAMA OBLIGASIISINMATA UANGKUPONTANGGAL JATUH TEMPOINDIKASI HARGA BELIINDIKASI HARGA JUALINDIKASI YIELDRATING
FR0103 IDG000024506 IDR 6.75% 15-Jul-35 101.6 100.6 6.53% BBB
FR0097 IDG000020900 IDR 7.13% 15-Jun-43 102.3 101.3 6.90% BBB
PBS005 IDP000001505 IDR 6.75% 15-Apr-43 100 99 6.65% BBB
BWPT01BCN2 IDA0001522B2 IDR 11.00% 26-Feb-28 101 100 10.56% idA-
INKP05BCN1 IDA0001485B2 IDR 10.75% 4-Oct-29 101.25 100.25 10.38% idA+

Provided by Cermati Invest, last update 24 Oktober 2025

Event Calendar

Monday, 27 October 2025 Previous Consensus Forecast
4:00 PM DE Ifo Business Climate OCT 87.7 87.8 87.0
6:00 PM GB CBI Distributive Trades OCT -29.0 -27.0 -28.0
9:30 PM US Dallas Fed Manufacturing Index OCT -8.7   -2.0
  US Durable Goods Orders MoM SEP 2.90% 0.30% 0.20%
  US Durable Goods Orders Ex Transp MoM SEP 0.40% 0.20% 0.20%
Tuesday, 28 October 2025 Previous Consensus Forecast
2:00 PM DE GfK Consumer Confidence NOV -22.3 -22 -23
5:30 PM IN Industrial Production YoY SEP 4.00%   3.80%
5:30 PM IN Manufacturing Production YoY SEP 3.80%   3.20%
8:00 PM US S&P/Case-Shiller Home Price YoY AUG 1.80% 1.90% 2.10%
  US CB Consumer Confidence OCT 94.2 94.2 93
Wednesday, 29 October 2025 Previous Consensus Forecast
3:30 AM US API Crude Oil Stock Change OCT/24 -2.98M    
12:00 PM JP Consumer Confidence OCT 35.3 35.6 35.5
4:30 PM GB BoE Consumer Credit SEP £1.692B   £1.4B
4:30 PM GB Mortgage Approvals SEP 64.68K 64.5K 64.4K
4:30 PM GB Mortgage Lending SEP £4.31B   £4.1B
6:00 PM US MBA 30-Year Mortgage Rate OCT/24 6.37%    
9:00 PM US Pending Home Sales MoM SEP 4.00% 1.70% 1.30%
9:00 PM US Pending Home Sales YoY SEP 3.80%   2.90%
9:30 PM US EIA Crude Oil Stocks Change OCT/24 -0.961M    
9:30 PM US EIA Gasoline Stocks Change OCT/24 -2.147M    
11:00 PM RU Unemployment Rate SEP 2.10% 2.30% 2.20%
  US Goods Trade Balance Adv SEP $-85.5B $-90B $-87.0B
  US
Retail Inventories Ex Autos MoM Adv SEP
    0.20%
  US Wholesale Inventories MoM Adv SEP   -0.20% -0.30%
Thursday, 30 October 2025 Previous Consensus Forecast
1:00 AM US Fed Interest Rate Decision 4.25% 4.00% 4.00%
1:30 AM US Fed Press Conference      
9:30 AM JP BoJ Gov Ueda Speech       
10:00 AM JP BoJ Interest Rate Decision 0.50% 0.50% 0.50%
10:00 AM JP BoJ Quarterly Outlook Report      
3:55 PM DE Unemployed Persons OCT 2.976M   2.995M
3:55 PM DE Unemployment Change OCT 14K 10K 19.0K
3:55 PM DE Unemployment Rate OCT 6.30% 6.30% 6.40%
4:00 PM DE GDP Growth Rate QoQ Flash Q3 -0.30% 0.00% 0.10%
4:00 PM DE GDP Growth Rate YoY Flash Q3 0.20%   0.10%
8:00 PM DE Inflation Rate YoY Prel OCT 2.40% 2.20% 2.30%
8:00 PM DE Inflation Rate MoM Prel OCT 0.20% 0.20% 0.30%
8:55 PM US Fed Bowman Speech       
  US GDP Growth Rate QoQ Adv Q3 3.80% 3.00% 3.20%
  US GDP Price Index QoQ Adv Q3 2.10% 2.90% 2.30%
  US Initial Jobless Claims OCT/25     257.0K
  US Initial Jobless Claims SEP/27 218K 223K 223.0K
  US Initial Jobless Claims OCT/04   227K 235.0K
  US Initial Jobless Claims OCT/11     249.0K
  US Initial Jobless Claims OCT/18   223K 254.0K
Friday, 31 October 2025 Previous Consensus Forecast
12:15 AM US Fed Logan Speech       
6:30 AM JP Unemployment Rate SEP 2.60% 2.50% 2.50%
6:50 AM JP Industrial Production MoM Prel SEP -1.50% 1.50% 1.00%
6:50 AM JP Retail Sales YoY SEP -1.10% 0.70% 1.20%
8:30 AM CN NBS Manufacturing PMI OCT 49.8 49.6 49.5
8:30 AM CN NBS Non Manufacturing PMI OCT 50.0 50.0 50.4
12:00 PM JP Housing Starts YoY SEP -9.80% -7.90% -8.50%
2:00 PM DE Retail Sales MoM SEP -0.20% 0.30% 0.10%
2:00 PM DE Retail Sales YoY SEP 1.80%   1.90%
2:00 PM GB Nationwide Housing Prices MoM OCT 0.50% -0.10% 0.10%
2:00 PM GB Nationwide Housing Prices YoY OCT 2.20%   2.20%
8:30 PM US Fed Logan Speech       
8:45 PM US Chicago PMI OCT 40.6 42.0 42.0
11:00 PM US Fed Bostic Speech       
11:00 PM US Fed Hammack Speech       
  US Core PCE Price Index MoM SEP 0.20% 0.20% 0.10%
  US Personal Income MoM SEP 0.40% 0.40% 0.40%
  US Personal Spending MoM SEP 0.60% 0.40% 0.40%
  US Employment Cost - Benefits QoQ Q3 0.70%   0.60%
  US Employment Cost - Wages QoQ Q3 1.00%   0.80%
  US Employment Cost Index QoQ Q3 0.90% 0.90% 0.80%
  US PCE Price Index MoM SEP 0.30%   0.20%
  US PCE Price Index YoY SEP 2.70%   2.80%

Source: BI, CNBC Indonesia, Bloomberg, Investing, Trading Economics, KSEI, Cermati, Artha Investa Teknologi (AIT).

Disclaimer:
Dokumen ini dibuat hanya untuk memberikan informasi. Isi dokumen ini tidak boleh ditafsirkan sebagai suatu bentuk penawaran untuk membeli/menjual/dijadikan dasar dari atau yang dapat dijadikan pedoman sehubungan dengan suatu perjanjian atau komitmen apa pun atau suatu nasehat investasi.

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