[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-228964-105":59,"doc-detail-228964-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","economics-daily-8-september-2025","Economics Daily - 8 September 2025","","Daily market brief covering indicative FX spot and cross rates, FX swap points, and selected FX technical support/resistance levels, alongside IDR swap and interest-rate indicators. Includes a market review linking US dollar index direction to prior week labor-market releases (ADP and NFP) and discusses uncertainty from inconsistent data and political interference. Reports USD/IDR trading range, Indonesia government bond yield levels by tenor, foreign fund flows affecting IHSG and government bonds, and brief commentary from CIMB Niaga on banking digitalization and syariah KPR demand.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/economics-daily-8-september-2025/228964/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/economics-daily-8-september-2025/228964.png","ImageObject",300,407,{"name":92,"@type":93},"Genevieve","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-10",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",13,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What main factors are said to influence the US dollar index this week?","Question",{"text":113,"@type":114},"The review links the USD index direction to recently released US labor data, especially ADP private payrolls and NFP non-farm payrolls. It also highlights uncertainty caused by differences between ADP and NFP and by political interference in data collection.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What range is forecast for USD/IDR and what was the BI rate level?",{"text":118,"@type":114},"The expected trading range for USD/IDR is 16.200 to 16.500. On Thursday, the BI (JISDOR) rate is shown at 16.438.",{"name":120,"@type":111,"acceptedAnswer":121},"How are Indonesian bond yields and foreign investor flows described?",{"text":122,"@type":114},"The document lists indicative Indonesian government bond yields at 1Y 5.20%, 3Y 5.49%, 5Y 5.70%, 10Y 6.37%, and 20Y 6.86%, noting limited tenor stability except a 1Y increase of 9 bps. It also states foreign equity holdings fell IDR 1.0 trillion and foreign holdings in government bonds fell IDR 9.2 trillion over the stated dates.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},228964,1789031863,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":14,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":130,"read_time":24,"preview_page_count":4},1374391974585,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","ECONOMICS DAILY  \n8 September 2025  \nEconomics Daily  \nINDICATIVE RATES. PLEASE CALL FOR FIRM PRICES  \n\n| SPOT RATES | Last | Prev 1Wk |\n| --- | --- | --- |\n| AUD/USD | 0.6555 | 0.6552 |\n| USD/CHF | 0.7984 | 0.8005 |\n| EUR/USD | 1.1710 | 1.1711 |\n| GBP/USD | 1.3493 | 1.3545 |\n| USD/HKD | 7.7990 | 7.7968 |\n| USD/INR | 88.27 | 88.20 |\n| USD/JPY | 148.37 | 147.18 |\n| USD/MYR | 4.2203 | 4.2248 |\n| NZD/USD | 0.5889 | 0.5900 |\n| USD/CNY | 7.1328 | 7.1377 |\n| USD/SGD | 1.2853 | 1.2842 |\n| USD/THB | 32.09 | 32.32 |\n| USD/IDR | \u003Cbr>\u003Cbr>16,438 | 16,463 |\n\n\n| IDR CROSS | Last | Prev 1Wk |\n| --- | --- | --- |\n| AUD/IDR | 10,775 | 10,787 |\n| CHF/IDR | 20,589 | 20,566 |\n| EUR/IDR | 19,249 | 19,280 |\n| GBP/IDR | 22,180 | 22,299 |\n| HKD/IDR | 2,108 | 2,112 |\n| INR/IDR | 186.2 | 186.7 |\n| JPY/IDR | 110.8 | 111.9 |\n| MYR/IDR | 3,895 | 3,897 |\n| NZD/IDR | 9,680 | 9,713 |\n| CNY/IDR | 2,305 | 2,306 |\n| SGD/IDR | 12,789 | 12,820 |\n| THB/IDR | 512.3 | 509.5 |\n\n\n| IDR swap points | Last |\n| --- | --- |\n| O/N | 0.90 |\n| T/N | 0.39 |\n| 1W | 2.00 |\n| 2W | 4 |\n| 1M | 9 |\n| 2M | 22 |\n| 3M | 32 |\n| 6M | 52 |\n| 12M | 159 |\n\n\n| FX Technical | Support | Resistance |\n| --- | --- | --- |\n| USD/IDR | 16,200  | 16,500 |\n| AUD/USD | 0.6505 | 0.6605 |\n| EUR/USD | 1.1660 | 1.1760 |\n| GBP/USD | 1.3443 | 1.3543 |\n| USD/JPY | 147.87 | 148.87 |\n| USD/SGD | 1.2803 | 1.2903 |\n\nMARKET REVIEW  \nArah perdagangan indeks dolar Amerika Serikat (AS) tampaknya akan dipengaruhi oleh data tenaga kerja yang telah diumumkan minggu lalu. Data penyerapan tenaga kerja sektor swasta (ADP) dan data penyerapan tenagakerja umum di luar sektor pertanian (NFP) pada bulan Agustus menunjukkan pasar tenaga kerja yang melemah. Data tenaga kerja di AS yang lemah inidiperkirakan akan menekan indeks dolar AS.  \nPada Agustus 2025, data ADP bertambah 54 ribu, lebih sedikit dari penambahan 106 ribu pada bulan Juli. Data NFP juga hanya bertambah 22 ribupada Agustus, lebih rendah dari 79 ribu di Juli. Namun demikian ada perbedaanarah tren jangka panjang antara data ADP dan NFP. Hal ini dapat membingungkan pelaku pasar keuangan global dalam membaca kondisi pasartenaga kerja di AS ditambah dengan insiden pemecatan kepala badan statistik di AS oleh Presiden Trump. Rata-rata 12 bulan dari data ADP sebesar 119,8 ribu pada Agustus 2025, naik dari 113,1 ribu pada Agustus 2024. Di sisi lain, rata-rata 12 bulan data NFP sebesar 122 ribu pada Agustus 2025, turun dari 158 ribu pada Agustus 2024.  \nTidak konsistennya data statistik tenaga kerja yang satu dengan yang lain di AS, ditambah dengan intervensi politik pada pengumpulan data yang seharusnya independen, semakin mempersulit menebak arah ekonomi, tingkatinflasi, dan suku bunga, serta indeks dolar.  \nSetelah pengumuman data tenaga kerja di AS, indeks dolar Amerika Serikat (AS) sempat turun ke level 97,5 pada hari Jumat dari penutupan hari Kamis di sekitar 98,35 . Rata-rata indeks dolar AS dalam setahun sebesar 102,50 padaawal September 2025, turun dari rata-rata 105,04 pada awal September 2024.  \nRentang perdagangan USD/IDR pada minggu ini diperkirakan antara 16.200 – 16.500. Pada hari Kamis kurs JISDOR Bank Indonesia (BI) berada pada 16.438.  \nPasar Obligasi Negara Indonesia – Indikasi yield pada penutupan hari Kamisadalah 5,20%(1Y), 5,49%(3Y), 5,70%(5Y), 6,37%(10Y), dan 6,86%(20Y) . Minggu lalu, yield naik 9 bps pada tenor 1 sedangkan tenor lain relatif stabil.  \nArus dana asing di pasar modal Indonesia turun sangat banyak berdasarkan data terakhir. Indeks saham IHSG ditutup turun 85 poin pada posisi 7.867, antara tanggal 29 Agustus-4 September 2025, dan kepemilikan asing padasaham Indonesia tercatat turun IDR 1,0 triliun. Di sisi lain, kepemilikan asing pada obligasi pemerintah turun IDR 9,2 triliun antara tanggal 29 Agustus – 3 September 2025.  \nCIMB NIAGA  \nPerkembangan digitalisasi sistem perbankan yang kini sudah makin matang menjadi salah satu faktor utama yang memungkinkan industri perbankan tetap stabil di tengah gejolak sosial politik yang terjadi be","cbCaighjEDv8NxCn","https://ap.wps.com/l/cbCaighjEDv8NxCn","pdf",688814,"English","# Market indicators\n## Indicative FX spot rates\n## IDR cross rates and swap points\n## FX technical levels\n# Market review\n## US labor data and USD outlook\n## USD/IDR range and BI data\n## Indonesia bond yields and foreign flows\n# CIMB Niaga commentary\n## Digital banking resilience\n## Syariah KPR momentum\n# Forecasts and quote","[{\"question\":\"What main factors are said to influence the US dollar index this week?\",\"answer\":\"The review links the USD index direction to recently released US labor data, especially ADP private payrolls and NFP non-farm payrolls. It also highlights uncertainty caused by differences between ADP and NFP and by political interference in data collection.\"},{\"question\":\"What range is forecast for USD/IDR and what was the BI rate level?\",\"answer\":\"The expected trading range for USD/IDR is 16.200 to 16.500. On Thursday, the BI (JISDOR) rate is shown at 16.438.\"},{\"question\":\"How are Indonesian bond yields and foreign investor flows described?\",\"answer\":\"The document lists indicative Indonesian government bond yields at 1Y 5.20%, 3Y 5.49%, 5Y 5.70%, 10Y 6.37%, and 20Y 6.86%, noting limited tenor stability except a 1Y increase of 9 bps. It also states foreign equity holdings fell IDR 1.0 trillion and foreign holdings in government bonds fell IDR 9.2 trillion over the stated dates.\"}]","Economics Daily - 8 September 2025 | PDF"]