The Indonesia stock market on Monday wrote a finish to the three-day winning streak in which it had jumped almost 130 points or 1.8 percent. The Jakarta Composite Index now rests just above the 7,250-point plateau and it's got a green light again for Tuesday's trade.
The global forecast for the Asian markets is flat to higher on uncertainty over the outlook for interest rates. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to follow the latter lead.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.