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
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.