Indonesian Consumer Confidence (Dec) 123.5 vs. Exp. 125 (Prev. 124.0)
The December figure for Indonesian consumer confidence came in slightly below expectations, indicating a potential dip in consumer sentiment relative to prior months.
Honda (7267 JT) December China car sales fell 40.3% Y/Y
[MARKET ANALYSIS] Asia-Pac stocks are mostly positive but with gains capped as NFP data and US Supreme Court ruling on tariffs loom
Indonesian Consumer Confidence (Dec) 123.5 vs. Exp. 125 (Prev. 124.0)
[MARKET ANALYSIS] DXY remains afloat after gaining on US data and with the NFP report on the horizon
[MARKET ANALYSIS] T-note futures are contained following the recent slew of data which came in largely hot
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This could suggest some headwinds for domestic spending and broader economic growth, which may influence monetary policy considerations as the central bank assesses the outlook. Traders should watch how this data impacts the IDR and related asset classes.
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