- Frequent changes in global interest rate expectations continue to present a challenge for the financial market, underscoring the importance of Indonesia's trade performance for the stability of the Rupiah in the coming periods.
- Despite the deteriorating sentiment, the Chinese government's efforts to revive its economy from the ongoing downturn might stabilise the demand for Indonesian commodities as the impact could go as far as sparking another rally in the global commodity market.
- The potential for commodity reflation, along with other supply-side risks, might constrain the magnitude of the expected FFR cuts. This, in turn, poses additional risks to the financial market.