Ahead of Monday's holiday for the Prophet Muhammad's birthday, the Indonesia stock market had tracked higher in two straight sessions, advancing more than 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 7,810-point plateau and it may add to its winnings on Tuesday.
The global forecast for the Asian markets suggests little movement ahead of the Federal Reserve's Monetary Policy decision later this week. The European and U.S. markets were mixed and little changed and the Asian bourses figure to follow suit.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.