JAKARTA (TheInsiderStories) – Good Morning! The week starts with a flurry of flash Purchasing Managers Index (PMI) updates and key official data releases for the United States (US) and China, including industrial production. The week closes with final third quarter GDP numbers for the America and Britain.

Further clues as to the US economy’ performance in the fourth quarter will be provided by the flash PMI surveys for manufacturing and services. The November surveys showed encouraging signs of growth lifting higher, albeit remaining subdued and in line with GDP growth of around 1.5 percent.

In China, a slew of economic data includes industrial production, retail sales and investment numbers, all of which will help determine whether more stimulus will be required. Likewise in Japan, the PMI numbers come on the heels of recently announced fiscal stimulus, but any further faltering in the economy will influence whether the Bank of Japan could also seek to unleash more firepower.

Monetary policy meetings also take place in Japan, Taiwan, Thailand and Indonesia. While, Statistic Indonesia will reported the trade balance of the country during November.

Last October, the nation posted a trade surplus of US$161.3 million, widened from $160 million of the previous month, with exports of $14.93 billion, up 5.92 percent compared to last month’s $14.1 billion. While imports rose 3.57 percent from $14.26 billion in September to $14.77 billion.

Defense minister Prabowo Subianto paid a working visit to Beijing, China since Sunday. During this working visit, Prabowo will hold a meeting with Chinese Defense Minister General Wei Fenghe and Deputy Chairman of the Chinese Central Military Commission General Xu Qiliang.

Some analyst sees, this week, the external sentiment is predicted to hoist the Rupiah and the Jakarta Composite Index (JCI). The first phase of a trade agreement between the US and China and the results of Britain’ election will become a positive sentiment for the major instrument.

But other observers warned, the unclear date of the signing of this trade agreement also prevented the local currency and the stock index going stronger during the week. The two superpowers haven’t revealed when the signing of the first phase of the trade agreement will take place.

While, Indonesia’ trade balance released today is predicted to have a surplus and its expecting become a supporter to the market. Today, Rupiah moves in the range of 13,950 – 14,050 compared to American Dollar and the the composite index between 6,089 to 6,261 from last week.

On Friday, the domestic exchange rate strengthened 0.3 percent to 13,973 over the the US dollar and the JCI rose 0.94 to 6,197.32. The stock to be watch are PT Astra International Tbk (IDX: ASII), PT HM Sampoerna Tbk (IDX: HMSP), PT Bank Negara Indonesia Tbk (IDX: BBNI), PT Bank Central Asia Tbk (IDX: BBCA), PT Jasa Marga Tbk (IDX: JSMR), PT Indofood Sukses Makmur Tbk (IDX: INDF), PT Mayora Indah Tbk (IDX: MYOR), and PT Unilever Indonesia Tbk).

May you have a profitable week!

Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia