Ahead of Tuesday's holiday for the Islamic New Year, the Indonesia stock market had jumped higher in back-to-back sessions, rallying more than 370 points or 6 percent along the way. The Jakarta Composite Index now sits just above the 6,250-point plateau although it's likely to open under pressure on Wednesday,
The global forecast for the Asian markets is soft, with profit taking on the docket after a few days of solid gains. The European markets were up and the U.S. bourses were mostly lower and the Asian markets are expected to follow the latter lead.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.