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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.

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

The IMF has revised up its 2023 global economic growth forecast despite noting continued challenges. The International Monetary Fund has slightly revised up its 2023 global growth forecast in its latest report. Despite noting strong first-quarter economic activity, the Fed warned that persistent obstacles were clouding the medium-term picture. Compared with the projections that the IMF made in April, global real GDP growth is predicted to reach 3.0% in 2023, higher by 0.2 p.p, yet with its 2024 forecast unchanged at 3.0%. Global headline inflation should fall to 6.8% in 2023 (2022: 8.7%), then to 5.2% in 2024, but core inflation will moderate more gradually, reaching 6.0% in 2023 (2022: 6.5%) and then 4.7% in 2024. The rise in central bank policy rates to fight inflation has reined in economic growth this year.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.

The IMF has revised up its 2023 global economic growth forecast despite noting continued challenges. The International Monetary Fund has slightly revised up its 2023 global growth forecast in its latest report. Despite noting strong first-quarter economic activity, the Fed warned that persistent obstacles were clouding the medium-term picture. Compared with the projections that the IMF made in April, global real GDP growth is predicted to reach 3.0% in 2023, higher by 0.2 p.p, yet with its 2024 forecast unchanged at 3.0%. Global headline inflation should fall to 6.8% in 2023 (2022: 8.7%), then to 5.2% in 2024, but core inflation will moderate more gradually, reaching 6.0% in 2023 (2022: 6.5%) and then 4.7% in 2024. The rise in central bank policy rates to fight inflation has reined in economic growth this year.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.

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BRI Danareksa Debt Research Monthly Report, Jul 2023