JCI’s movement this week may potentially be influenced by some domestic economic data releases. Statistics Indonesia (BPS) will announce the Trade Balance data for November; after booking a record high last month with USD 5.83 billion. Economists consensus project Trade Balance position to fall to USD 4.5 billion. However, Bank Indonesia is also scheduled to hold the monthly Board of Governors Meeting (RDG); in which market participants are looking forward to the direction of the central bank in anticipating the acceleration of tapering-off by The Federal Reserve.
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