The Dow Jones snapped a bit higher at 0.56% to 23,883 following the optimism of economic re-opening in the U.S. and global rebound in prices of crude oil on the back of upbeat demands for oil. Back to the national economy, Statistics Indonesia (BPS) released Indonesia’s 1Q20 GDP to lag at 2.97% y-y. The growth was a way much lower than the estimate as economists infer the unprecedented virus crisis is the culprit in 1Q20’s lethargic GDP growth and blow to 2Q20’s GDP.

Download full report HERE.