US stock market dove last week with the biggest weekly decline since March. All three markets fell at more than 5% each as new Covid-19 cases in the US reached 100,000 a day. In addition, the market was also observing developments in lockdown policies which have been reintroduced in several European countries.

Meanwhile, the JCI is expected to be under pressure from various global sentiments that occurred during the long holiday. Investors will also pay attention to the release of the CPI data for October 2020, in which Indonesia is expected to experience slight inflation after 3 consecutive months of deflation.

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