Dow Jones closed lower in trading Thursday (07/16/2020) as well as ending the 4 day consecutive rally. US economic data record varied, where the number of unemployment claims is still above 1 million, but retail sales in June managed to rise quite significantly.
For Friday trading (07/17/2020), IHSG is expected to still experience positive effect of the BI-7DRRR reduction, although it is limited. Bank Indonesia has again cut its benchmark interest rate in the past 2 months to 4.00%. In addition, investors will also pay close attention to the effects of extending PSBB in Jakarta.
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