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.
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.