US markets surged in trading (04/11/2020) amidst the ongoing vote counting process without a clear picture of the US presidential election winner. Meanwhile, the possibility of Republicans winning the senate again will make it difficult to realize the tax hike plan.
From the domestic market, investors will be watching the release of Indonesia’s GDP data for the third quarter of 2020, which by consensus is expected to contract again by 3% yoy. Technically, the JCI is expected to fluctuate in the range of 5,065 – 5,132.
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