MNI China Daily Summary: Tuesday, May 28

MNI BRIEF: Japan's April Trimmed Mean Rises 1.8% Vs. 2.2% - BOJ

MNI BRIEF: China To Curb Key Financial Risks - NFRA

MNI: PBOC Conducts CNY2 Bln Via OMO Tues; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1101 Tues; -2.43% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

2024 and 2025 Oil and Gas Investment Estimates Revised Higher

CBI Retail Sales Growth Fastest Since Dec'22

MNI: UK CBI MAY DIST TRADE REPORTED SALES 8

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Bears Now Need Close Below.........>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bears Now Need Close Below 21-DMA
*RES 4: Idr13504 - High Jan 3 
*RES 3: Idr13480 - High Jan 4 
*RES 2: Idr13476 - 55-DMA 
*RES 1: Idr13440 - High Jan 30
*PRICE: Idr13425 @ 2300GMT
*SUP 1: Idr13370 - High Jan 18 now support 
*SUP 2: Idr13368 - 21-DMA 
*SUP 3: Idr13265 - 2018 Low Jan 25 
*SUP 4: Idr13220 - Low Sept 14
*COMMENTARY: Bulls take comfort in teh21-DMA supporting with the pair having
recovered from 2018 & 5mth lows. Bulls currently focus on Idr13476-504 where 55
& 100-DMAs are located but need a close above Idr13440 to add support to their
case. Bears continue to look for a close below the 21-DMA to ease renewed
bullish pressure and shift focus back to Idr13220-265 where 2018 lows are found.

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