MORNING CHATTER 17 March 2026 https://www.kbvalbury.com/research KB Valbury Sekuritas Market Report - Economic Calendar KEY ECONOMIC DATA FROM BANK INDONESIA CENTRAL BANK RATES (March 17, 2026) ----------------------------------------------- BI 7-Day Repo Rate (%) Indonesia 4.75% Deposit Facility Rate (%) Indonesia 3.75% Lending Facility Rate (%) Indonesia 5.50% RP INDONIA (overnight rate) Indonesia 4.16% SCHEDULE: Bank Indonesia Monetary Policy Decision Time: 14:30 Indonesia Time (07:30 UTC) Date: March 17, 2026 ECONOMIC INDICATORS - INDONESIA (February 2026) ----------------------------------------------- Inflation YTD 0.53% Inflation YoY 4.76% Inflation MoM 0.68% Foreign Reserve (USD Bn) 151.90 GDP (IDR Bn) 6,147,238.60 LOAN GROWTH Loans (YoY, Feb 2026) 9.96% Previous Month (YoY) 10.26% ECONOMIC CALENDAR - MARCH 17, 2026 ----------------------------------------------- Country: Indonesia (ID) Time: 14:30 WIT (Western Indonesia Time) Event: Interest Rate Decision Actual: 4.75% Previous: 4.75% Forecast: 4.75% Event: Deposit Facility Rate (Mar) Actual: 3.75% Previous: 3.75% Event: Lending Facility Rate (Mar) Actual: 5.50% Previous: 5.50% Event: Loans (YoY, Feb) Actual: 9.96% Previous: 10.26% Forecast: -5.00% FOREIGN EXCHANGE RATES (March 17, 2026) ----------------------------------------------- USD/IDR 16,990.00 (+46.00) JPY/IDR 106.73 (+0.01) EUR/IDR 19,531.70 (+76.96) SGD/IDR 13,291.09 (+18.00) AUD/IDR 12,001.74 (+68.92) GBP/IDR 22,613.69 (+91.96) CNY/IDR 2,465.68 (+4.24) MYR/IDR 4,324.81 (-2.66) COMMODITIES (March 17, 2026) ----------------------------------------------- Crude Oil (USD/Barrel) 93.50 (-5.21) Natural Gas (USD/mmBtu) 3.02 (-0.11) Gold (USD/Ounce) 5,006.41 (-13.08) Nickel (USD/MT) 17,266.00 (-476.00) Tin (USD/MT) 47,059.00 (-2,329.00) Coal NEWC (USD/MT) 132.30 (-2.50) Coal RB (USD/MT) 111.35 (+0.25) CPO (USD/MT) 1,500.00 (+20.00) JAKARTA COMPOSITE INDEX (March 17, 2026) ----------------------------------------------- Last Closing 7,022.29 Change (1 Day) -1.61% Change (YTD) -18.79% Volume (Mn shares) 30,329.78 Value (IDR Bn) 15,962.05 Foreign Net Buy (IDR bn) 1,022.82 Market Cap (IDR tn) 12,262.31 KEY TRADING STATISTICS (March 17, 2026) ----------------------------------------------- Support Level 6920/6817/6717 Resistance Level 7123/7223/7325 Major/Minor Trend Up/Down GLOBAL INDICES (as of March 17, 2026) ----------------------------------------------- Dow Jones Industrial 46,946.41 (+0.83%) Nasdaq Composite 22,374.18 (+1.22%) FTSE 100 Index 10,317.69 (+0.55%) Shanghai SE A 4,283.26 (-0.26%) Shenzhen SE A 2,831.16 (+0.16%) Hang Seng Index 25,834.02 (+1.45%) Nikkei 225 53,751.15 (-0.13%) KLCI 1,696.56 (-0.13%) Straits Times Index 4,868.69 (0.00%) MARKET COMMENTARY (March 17, 2026) ----------------------------------------------- Global markets remain mixed, caught between cooling oil prices and geopolitical tensions. The S&P 500 bounced back Monday, breaking a three-week losing streak, supported by slight oil price dips following Trump administration efforts to secure tankers in the Strait of Hormuz. Jakarta Composite Index fell 1.61% (114.92 points) to 7,022.29. Local market in "wait-and-see" mode ahead of three major data releases: (a) Interest rate decision (b) Loan growth figures (c) Money supply data Oil prices at $93.50/barrel reflect the balance between US pressure on ally countries to help patrol vital shipping lanes and Middle East escalation risks. The VIX index closed at 13.53%, representing elevated market volatility expectations. US Dollar pulling back from recent highs as investors shift focus from safe-haven hoarding toward major central bank meetings (BI, Fed, ECB, BoE, BoJ all expected to hold rates steady amid inflation concerns from energy shocks). Source: KB Valbury Sekuritas - Morning Chatter, March 17, 2026 URL: https://www.kbvalbury.com/cfind/source/files/news260317a.pdf