JCI’s movement this week may potentially be influenced by the release of some domestic economic data and global sentiments. Statistics Indonesia (BPS) will announce the August 2021 inflation rate, which economists have predicted to be at 0.05% mom and 1.6% yoy. Market participants will also observe the Manufacturing PMI data which fell to 40.1 last month. Globally, investors will react to the monetary policy direction of The Federal Reserve which was announced from the yearly Jackson Hole meeting at the end of last week.
Download full report HERE.
