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Indonesian Markets Brace for Tariff Turmoil After Weeklong Break

Indonesian Markets Brace for Tariff Turmoil After Weeklong Break

Bloomberg08-04-2025
Investors in Indonesia are bracing themselves for a turbulent day on Tuesday, as the country's financial markets reopen after a long holiday during which markets across the world cratered in response to rising tariffs.
Stocks, bonds and currency markets will resume trading for the first time since March 27, after the nation observed the Eid al-Fitr holidays, over which period the iShares MSCI Indonesia exchange-traded fund has fallen about 8%. During the break, US President Donald Trump's tariffs — and a subsequent retaliation by China — trigged a sharp selloff in risk assets, leading to a rout across Asia.
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