JCI’s movement this week will lack new sentiments. Investors will begin to anticipate the start of tapering off which is planned to be executed at the end of November/beginning of December. Meanwhile, market participants have been seen to sell from the capital market in the past week. Less favourable catalyst came from the declining prices of commodities. The price of WTI crude oil is under USD80/barrel; in line with the increase in production, as well as concerns about the impact of the lockdown policy in several European regions.
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