The movement of JCI may once again try to test the latest high, with a projected range of 6,750 – 7,000. From the release of economic data, BPS is scheduled to announce Indonesia Trade Balance position for January 2022, with economists surveyed projecting a surplus of USD 250 million. Meanwhile, Bank Indonesia will also release the Trade Balance data of Q4/2021, which booked USD 4.5 billion in the previous quarter. In the global market, investors will pay close attention to the FOMC meeting minutes from last month, to gain a more detailed indication of the monetary policies’ direction.
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