Diverse sentiments from both domestic and international sources are\nset to dominate next week. These range from the announcement of interest\nrates by the Federal Reserve, or The Fed, to the cum-date for dividends\nfrom mining issuers.<\/p>\n
Announcement of Interest Rates by the Bank of Japan<\/p>\n
The first key sentiment arrives on 28 April 2026, with the\nannouncement of interest rates by the Bank of Japan. According to the\nconsensus from Trading Economics, Japan\u2019s central bank interest rate\nwill remain at 0.75% this time.<\/p>\n
Markets anticipate the rates will hold steady due to the increasingly\ndim prospects of an imminent end to the Iran conflict, keeping markets\nvolatile and potentially prompting considerations for a hike in June or\nJuly.<\/p>\n
\u201cThe Bank of Japan (BOJ) will maintain current interest rates but\ndeliver an aggressive message, considering a rate hike in June or July,\u201d\nsaid Tetsuya Inoue, executive economist at Sony Financial Group, quoted\non Sunday (26\/4\/2026).<\/p>\n
\u201cCorporate pricing behaviour has changed, so the BOJ must continue to\nmonitor signs of second-round effects,\u201d he added. \u201cThe board\u2019s price\nforecast will provide clues on how tight the BOJ is on interest rate\nprospects,\u201d he continued.<\/p>\n
The central bank may revise its policy guidance, which promises to\nraise rates \u201cin line with improvements in the economy and prices,\u201d to\nbetter communicate its willingness to act flexibly against inflation\nrisks stemming from the war, analysts said.<\/p>\n
Nearly two-thirds of economists surveyed by Reuters expect the BOJ to\nraise its benchmark rate to 1.0% by the end of June.<\/p>\n
It should be noted that Japan is one of the major contributors of\ninvestment to Indonesia. If interest rates rise, this would increase\ninvestment costs, potentially disrupting foreign fund flows from Japan\nto Indonesia.<\/p>\n
The Fed Announcement<\/p>\n
The Fed will announce its interest rate policy on 30 April 2026.\nAccording to FedWatch Tools, markets are confident that rates will stay\nat 3.75%. Markets will also focus on comments from Fed officials\nregarding future interest rate prospects.<\/p>\n
The decision to hold rates is driven by ongoing economic uncertainty,\nparticularly as inflation has not fully subsided to the 2% target,\nenergy prices (oil) are rising due to global conflicts, and consumer\nspending is beginning to face pressure.<\/p>\n
There are impacts from prolonged high interest rates, the \u201chigher for\nlonger\u201d scenario, on US consumer spending and the broader economy.<\/p>\n
First, expensive borrowing for consumption, such as mortgages, car\nloans, and credit cards used for daily shopping. As a result,\nconsumption could be deferred.<\/p>\n
Second, high cost-of-living pressures combined with rising energy\nprices and more expensive goods and services. This could squeeze\nconsumer purchasing power.<\/p>\n
US Q1 2026 GDP Advance Reading<\/p>\n
According to the consensus compiled by Trading Economics, the initial\nreading of US economic growth will be 2.1% for the first quarter of\n2026.<\/p>\n
This growth is significantly higher than the previous quarter\u2019s 0.5%.\nThis represents strong growth despite the turmoil from the war in\nIran.<\/p>\n
Mining Companies\u2019 Dividend Cum-Dates<\/p>\n
Several mining companies will record their dividend cum-dates next\nweek. As is known, mining issuers typically offer relatively large\ndividend amounts.<\/p>\n
First, the cash dividend cum-date for PT Alamtri Resources Indonesia\nTbk (ADMR) falls on 27 April 2026. Based on the Annual General Meeting\nof Shareholders, ADMR will distribute a total dividend of US120m<\/em>i<\/em>l<\/em>l<\/em>i<\/em>o<\/em>n<\/em>o<\/em>r<\/em>R<\/em>p<\/em>2.05t<\/em>r<\/em>i<\/em>l<\/em>l<\/em>i<\/em>o<\/em>n<\/em>(e<\/em>x<\/em>c<\/em>h<\/em>a<\/em>n<\/em>g<\/em>e<\/em>r<\/em>a<\/em>t<\/em>e<\/em>\u2004=\u2004R<\/em>R<\/em>p<\/em>17,\u2006000\/U<\/em>S<\/em><\/span>),\nwith a 44.5% payout ratio from 2025 net profit. Therefore, investors\nwill receive approximately Rp50 per share, to be paid on 6 May 2026.<\/p>\n Next is the cash dividend cum-date for PT Alamtri Resources Indonesia\nTbk (ADRO) on 27 April 2026. Based on the Annual General Meeting of\nShareholders, ADRO will distribute a total dividend of US197.5m<\/em>i<\/em>l<\/em>l<\/em>i<\/em>o<\/em>n<\/em>o<\/em>r<\/em>R<\/em>p<\/em>3t<\/em>r<\/em>i<\/em>l<\/em>l<\/em>i<\/em>o<\/em>n<\/em>(e<\/em>x<\/em>c<\/em>h<\/em>a<\/em>n<\/em>g<\/em>e<\/em>r<\/em>a<\/em>t<\/em>e<\/em>\u2004=\u2004R<\/em>R<\/em>p<\/em>17,\u2006000\/U<\/em>S<\/em><\/span>).\nTherefore, investors will receive approximately Rp100-106 per share, to\nbe paid on 8 May 2026.<\/p>\n Furthermore, the cash dividend cum-date for PT Indotambangraya Megah\nTbk (ITMG) falls on 27 April 2026. Based on the Annual General Meeting\nof Shareholders, ITMG will distribute a total dividend of US$64.54\nmillion, with investors receiving approximately Rp978 per share, to be\npaid on 19 May 2026.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/markets-on-edge-awaiting-critical-news-from-japan-to-the-us-1777200681",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}