Ahed of the weeklong break for the Saka New Year and Eid-ul-Fitr, the Indonesia stock market had ended the four-day losing streak in which it had tumbled more than 410 points or 5.8 percent. The Jakarta Composite Index now sits just above the 7,100-point plateau and it's expected to open decidedly lower on Wednesday as it catches up on missed sentiment.
The global forecast for the Asian markets suggests renewed pressure thanks to a rebound by crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly lower and the Asian markets figure to split the difference.
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Market Analysis
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.