Daily Report | 7 Mar 2022
Towards the end of the week, the movement of the benchmark index will try to rebound with a projected range of movement in the area of 6,850-7,000.
Towards the end of the week, the movement of the benchmark index will try to rebound with a projected range of movement in the area of 6,850-7,000.
WTI crude jumped 8% to USD 112.51 per barrel, its highest level since May 2011.
Towards the end of the week, the movement of the benchmark index will try to rebound with a projected range of movement in the area of 6,850-7,000.
Markit will announce the Indonesian Manufacturing PMI index at the level of 51.2, which was previously recorded at the level of 53.7 for the period January 2022.
For today, the movement of the benchmark index has the potential for a reasonable correction in the projected range of 6,850-6,950.
Commodity prices have rallied significantly amid the threat of disruption to the energy supply chain.
Statistics Indonesia is scheduled to release the inflation data for February 2022, in which the Bloomberg survey predicts a 0.02% deflation MoM. Markit will announce Indonesia’s Manufacturing PMI, which was booked at 53.7 for January 2022.
Technically, the benchmark index is projected to move higher within the range of 6.850-6.950.
Sincerely, In connection with the Decree No. S-71/PBM/PJ/2022 Directorate General of Taxes of the Republic of Indonesia … [Read more…]