# Market Pulse: Markets Getting Harder to Assess  - Economy - magz.tempo.co

> Indonesian rupiah and Jakarta Composite Index rose after the Fed's March 16 rate hike, contrary to the usual pattern of emerging-market weakness. The gains proved temporary, with the JCI falling to 5,507 by mid-late March.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/72302-market-pulse-markets-getting-harder-to-assess-economy-magz-tempo-co
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A firmer rupiah and resilient equities reduce near-term pressure on Indonesian feed importers' costs, though the reversal signals fragile sentiment that could weaken the currency again.

## Read by commodity

- USDIDR: neutral

## Sources

- magz.tempo.co: https://magz.tempo.co/read/economy/32955/market-pulse-markets-getting-harder-to-assess

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.