Plummeting U.S. market
The U.S. market dramatically plummeted for the first time after experiencing long-term uptrend. The robust job data topping estimate has spurred expectancy of inflation reflected in the hike of the U.S. government yield to the 4-year highest level.
Indonesia’s Macroeconomic Data
Indonesia’s 4Q17 economy grew by 5.19% faster than either 3Q17 growth of 5.06% or estimated growth of 5.12%. The growth was boosted by the hike in export amid the rally in commodities’ prices. Indonesia’s foreign reserves posted the highest level of USD131.98 billion in January 2018.
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