US stock markets closed mixed at the end of trading last week (16/10/2020) after Dow Jones and S&P 500 managed to increase while Nasdaq declined. The market news is quite encouraging with the monthly retail sales data which recorded an increase of 1.9% in September 2020.
JCI movement last week was able to rise by 1% every week after the release of trade balance data and Bank Indonesia’s decision to hold the benchmark interest rate. This week, investors will be watching the announcement of Q3/2020 GDP from China which is expected to continue to grow from the previous quarter.
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