Loading…
The rupiah opened at Rp18,070 per US dollar, 98 points stronger than the prior close of Rp18,168, according to Bank Woori Saudara analyst Rully Nova. He attributed the move to Democratic gains in the US midterms, which he said could curb Trump administration tariff, tax and deficit policies.
The 10-year Treasury yield fell 10.1 basis points to 4.86%, the dollar index weakened to 101.3, and Brent dropped more than 8% to near $95 a barrel.
A weaker dollar and lower oil prices ease import costs for Indonesian feed buyers, while a weaker dollar generally supports dollar-denominated grain and meal prices. The drop in oil also lowers biofuel-linked demand for vegetable oils.
en.tempo.coAntaraNov 5, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
