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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.