Video: War's End Uncertain, Investors Monitor Oil-Bitcoin Prices

In the midst of very high uncertainty, Indonesia’s inflation in March 2026, coinciding with the Ramadan and Eid period, recorded a slowdown to 3.45% (yoy) from 4.76% (yoy) in 2025. Chief Investment Officer of Sinarmas Asset Management, Genta Wira Anjalu, assessed this inflation record as quite constructive but cautioned that vigilance is still needed given the significant pressure from the Middle East war’s repercussions. If the surge in oil prices cannot be covered by the state budget and adjustments to energy prices are required, inflation could spike. Market participants are currently wary of the escalation of the Middle East war, triggered by President Donald Trump, as it will affect four aspects: movements in oil prices, movements in safe-haven commodity prices such as gold, and movements in risk assets like Bitcoin. How do market players view the impact of global geopolitical developments on exchange rates, interest rates, and the stock market? For more details, watch the discussion with Chief Investment Officer of Sinarmas Asset Management, Genta Wira Anjalu, in Power Lunch, CNBC Indonesia (Thursday, 02/04/2026).