
Indonesia's foreign-exchange reserves rose to USD 146.8 billion in October, supported by net inflows into SRBI and government securities, as well as outstanding FX swaps. The report also cited pressure on stock outflows and the rupiah following an MSCI decision, while US midterm-related peace prospects lowered oil futures and global bond yields.
Lower oil futures could ease energy and freight costs for feed supply chains, while pressure on the rupiah can raise the local-currency cost of imports. These offsetting factors leave the direct commodity-price signal limited.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.