Market participants responded positively to the United States (US) unemployment claims data, which only amounted to 406 thousand claims per last week. This figure is better than market players’ expectations, which reached 425 thousand. For the record, this unemployment claim is the lowest level in the pandemic era. The positive employment data indicates a recovery in the US economy. The movement of the Government Securities (SUN) market for a week was also amid the rupiah appreciated 0.5% to IDR 14,285/USD, based on Bloomberg data.

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