The rupiah is likely to take an unexpected turn toward appreciation against the United States dollar in 2023, resulting in lower imported inflation, both Bank Indonesia (BI) officials and economists projected.

Asian markets were mixed Tuesday as fresh fears that the US Federal Reserve will push interest rates higher than hoped played off against growing optimism over China's economic reopening.

Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict COVID containment measures in China that have hammered the world's number-two economy.

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.

Asian equities jumped on Thursday, while the dollar slid as investors poured into risky assets after Federal Reserve Chair Jerome Powell opened the door to a slowdown in the pace of monetary tightening.

Financial literacy with regard to capital markets among Indonesians fell in 2022, according to the latest triennial survey from the Financial Services Authority (OJK), leading to concerns that the rapid increase in the number of investors is not commensurate with a rise in the understanding of the associated risks.

The dollar held its overnight gains on Tuesday as concerns about unrest in China over COVID-19 restrictions dampened market sentiment, and as hawkish remarks from Federal Reserve officials gave the greenback an additional leg up.

Stocks and oil prices sank Monday on concerns about protests across China calling for political freedoms and an end to the government's hardline zero-COVID policy, fueling uncertainty in the world's number-two economy.

Stocks and oil slid sharply on Monday as rare protests in major Chinese cities against the country's strict zero-COVID curbs raised worries about management of the virus in the world's second-largest economy.

The ever-rising number of online investing platforms has some Indonesians wonder whether they are in fact investing, or rather gambling, given the blurred line between the two. The Jakarta Post has asked young Jakarta investors about their self-awareness. 

European stocks were on track for a sixth successive week of gains on Friday and government bond yields globally traded near multi-week lows as investors reacted to positive data and signs central banks may not hike rates as aggressively as feared.

Asian markets were mixed Friday at the end of a week that has seen hopes the Federal Reserve will tone down its monetary tightening campaign offset by fresh lockdown fears as COVID-19 cases surge in China.

The energy ministry has offered PSC cost recovery schemes for four offshore and onshore blocks in its second bid round this year.

Asian markets rose Wednesday but traders flitted between hopes for a halt in sharp US interest rate hikes and concern that a surge in China's Covid cases will see officials impose more painful lockdowns.

Asian shares were on the defensive on Tuesday as a COVID-19 resurgence in China increased concerns that Beijing may reimpose strict pandemic curbs and that further restrictions could cause supply chain disruptions.

The US dollar was firmly higher against major currencies on Monday, while China's yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world's second-biggest economy.

Asian markets fell Monday as China's first COVID death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country.

Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty.

Japan's core consumer prices rose 3.6 percent year-on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen.

Asian stocks were mixed on Thursday while the US dollar stabilized and Treasury yields remained depressed as investors tried to assess the outlook for Federal Reserve policy following stronger-than-expected retail sales data.

The safe-haven US dollar edged higher against major peers on Wednesday as markets continued to assess news of a Russian-made rocket striking NATO-member Poland, and whether it could lead to an escalation of the Ukraine war.

Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China's COVID policy adjustments and a rescue package for the country's struggling property sector.

The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.

Asian share markets were taking a breather on Monday after last week's sweeping rally as a top US central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar.

Indonesian mutual funds are down some 10 percent this year, as global rate hikes and new domestic regulations push money elsewhere.

Asian shares spiked higher on Friday, while the dollar nursed steep losses after a smaller-than-expected increase in US consumer prices fueled hopes that the Federal Reserve could tone down its aggressive pace of interest rate hikes. 

Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin pinned near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX.

Asian stocks started down on Thursday after inconclusive US midterm election results and a turbulent cryptocurrency market left Wall Street and European markets in a sea of red.

Asian stocks made a positive start Wednesday following gains on Wall Street but lost momentum as factory gate prices in China fell for the first time in nearly two years.

Stocks in Shanghai was down 0.6 percent, while Jakarta fell 0.3 percent, Bangkok retreated 0.2 percent and Wellington dropped 0.7 percent.