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Indonesian financial markets strengthened on Thursday, Nov. 5: the Jakarta Composite Index rose 2.25% and the rupiah gained 0.44% to Rp18,075 per dollar.
The article also flags pressure on US technology shares and domestic economic and policy developments, as well as US data, as potential market drivers for Friday.
A stronger rupiah can lower the local-currency cost of imported feed inputs. The reported market moves are not linked to a specific commodity supply or demand change.
Not enough comparable past events yet for a historical read.
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.