The three major US indexes closed in the red at the same time (15/06). Investors expect there will be no significant changes in interest rates and bond purchases at the Fed meeting this week. However, the market remains closely watching the developments in the central bank’s view on inflation and the potential for tapering going forward.
Domestically, JCI seems to be continuing its consolidation phase with a limited range of movement. Market participants tend to wait for the results of the Fed’s and Bank Indonesia’s RDG which will be announced tomorrow. For today, the benchmark index is still likely to strengthen, limited to the level of movement at 6,051 – 6,134.
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