ECONOMIC HIGHLIGHTS
Japan: Economy grew 3.9% in third quarter
India: Inflation slowed to nine-month low in October
EU: Greece’s budget deficit largest in EU
Jakarta: stocks loss 9.4 points or 0.3%, closed at 3,656.5 on Monday, led by loss in Bank Rakyat Indonesia, Bank Central Asia, and Astra International. Today, we expect JCI to be traded in range of 3,653.31 – 3,691.00.
US: Retail sales increased 1.2% in October
US: Inventories increase 0.9% in September, more than forecast as companies stocked shelves ahead of the holiday season. sales rose 0.5 percent, led by retailers. Companies had enough goods on hand to supply 1.27 month's worth of sales at Sep's pace, the same in the prior month.
Singapore: Singapore’s retail sales excluding motor vehicles rose at a slower pace in September after the economy contracted last quarter. The index measuring purchases excluding automobiles climbed 5.3% y-o-y after gaining a revised 6.4% in August. Including vehicles, which are sold subject to government caps, total retail sales rose 0.3%, less than the median forecast for a 1.5% increase. Adjusted for seasonal factors, overall retail sales fell 2.4% m-o-m.
Japan: Economy grew 3.9% in third quarter
India: Inflation slowed to nine-month low in October
EU: Greece’s budget deficit largest in EU
Jakarta: stocks loss 9.4 points or 0.3%, closed at 3,656.5 on Monday, led by loss in Bank Rakyat Indonesia, Bank Central Asia, and Astra International. Today, we expect JCI to be traded in range of 3,653.31 – 3,691.00.
US: Retail sales increased 1.2% in October
US: Inventories increase 0.9% in September, more than forecast as companies stocked shelves ahead of the holiday season. sales rose 0.5 percent, led by retailers. Companies had enough goods on hand to supply 1.27 month's worth of sales at Sep's pace, the same in the prior month.
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