Geopolitics Alpha

Indonesia says October budget deficit of 1.47 percent of GDP on track

Published . Updated .

Key takeaways

  • Indonesia's state budget deficit stood at 1.47 percent of gross domestic product (GDP), or Rp379.3 trillion (US$20.8 billion), as of end-October, ...
  • Exposed: EIDO, EEM
  • Market reaction: price tracking starts with the next trading session.

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Indonesia says October budget deficit of 1.47 percent of GDP on track

Indonesia's state budget deficit stood at 1.47 percent of gross domestic product (GDP), or Rp379.3 trillion (US$20.8 billion), as of end-October, ...

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF+0.2% 17d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “deficit” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF+0.1% 17d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “deficit” (US interest rates) in this story.

  • EIDO iShares MSCI Indonesia ETF-1.7% 6d

    iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”).

  • JPM JPMorgan Chase-1.4% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “deficit” (US interest rates) in this story.

  • BAC Bank of America-12.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “deficit” (US interest rates) in this story.

  • DHI D.R. Horton+4.2% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “deficit” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “deficit” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLTNo price data for this ticker———————
IEFNo price data for this ticker———————
EIDO-3.78%-2.49%baseafter closeafter closeafter closeafter close
JPMNo price data for this ticker———————
BACNo price data for this ticker———————
DHINo price data for this ticker———————
SCHWNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Indonesia says October budget deficit of 1.47 percent of GDP on track ANTARA News

Source: ANTARA News

The price since 13 Nov 2026: Ishares Tr (EIDO) versus the S&P 500

CompanyWhenMoveStatus
Ishares Tr (EIDO)three days earlier-2.49%final price
Ishares Tr (EIDO)five days earlier-3.78%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (EIDO)

Companies tied to this story

  • EIDO Ishares Tr

    Ishares Tr (EIDO) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Indonesia says October budget deficit of 1.47 percent of GDP on track.” Reason on file: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”)

  • EEM Ishares Tr

    In “Indonesia says October budget deficit of 1.47 percent of GDP on track,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Indonesia, which this story is about

Ishares Tr (EIDO)

Ishares Tr (EIDO) is the company in “Indonesia says October budget deficit of 1.47 percent of GDP on track,” the 13 Nov 2026 this story story.

The link for Ishares Tr (EIDO) is this: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”)

Ishares Tr (EEM) is here too. Its reason reads: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Indonesia, which this story is about

Price levels for Ishares Tr (EIDO)

EEM traded between 65.24 and 68.87 across 10 sessions. The latest close on file is 65.76. EIDO traded between 11.63 and 11.99 across 6 sessions. The latest close on file is 11.73.

How strong the case is around Ishares Tr (EIDO)

21 out of 100

“Indonesia says October budget deficit of 1.47 percent of GDP on track” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.