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IDR: USD/IDR down at the open as INDOGB Yields Stabilize and Vol Rises.  

IDR
GlobalEM BulletBulletIndonesiaAPACEmerging Market NewsRegion
  • USD/IDR is down at 15,403 in Jakarta morning; versus yesterday’s close of 15,430 given broader USD weakness amid renewed speculation of a 50bps cut next week.
  • Bloomberg Asia dollar spot index is up 0.29% at the open and the Bloomberg Dollar spot index is down 0.22%.
  • USD/IDR one-month implied volatility is up this morning to 7.07%, versus 6.9350% close on Tuesday.
  • Indonesia's 10-year bond yield is unchanged in yield at 6.59%.
  • Indonesia’s 5 yr USD CDS at 70bps (yesterday close 70bp, 5-year low 58bps in 2020).

Headlines

  • Indonesia May Cut Rates in September with FX Stable, CPI Tame (source: Bloomberg).
  • The central counterparty system will start September by facilitating domestic non-deliverable forward transactions for this year (source:  Bank Indonesia). 

 

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  • USD/IDR is down at 15,403 in Jakarta morning; versus yesterday’s close of 15,430 given broader USD weakness amid renewed speculation of a 50bps cut next week.
  • Bloomberg Asia dollar spot index is up 0.29% at the open and the Bloomberg Dollar spot index is down 0.22%.
  • USD/IDR one-month implied volatility is up this morning to 7.07%, versus 6.9350% close on Tuesday.
  • Indonesia's 10-year bond yield is unchanged in yield at 6.59%.
  • Indonesia’s 5 yr USD CDS at 70bps (yesterday close 70bp, 5-year low 58bps in 2020).

Headlines

  • Indonesia May Cut Rates in September with FX Stable, CPI Tame (source: Bloomberg).
  • The central counterparty system will start September by facilitating domestic non-deliverable forward transactions for this year (source:  Bank Indonesia). 

 

Keep reading...Show less