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IDR: USD/IDR up on Slower Fed and Disappointment from China.    

IDR
GlobalEM BulletBulletIndonesiaAPACEmerging Market NewsRegion
  • USD/IDR is up at 15,600 in Jakarta morning; versus Friday's close of 15,580.  Rupiah weakness impacted by traders pricing less cuts from the Federal Reserve and a softer yuan backdrop amid China stimulus disappointment from the weekend.
  • Bloomberg Asia dollar spot index is lower by 0.18% at the open and the Bloomberg Dollar spot index is 0.14% higher.
  • USD/IDR one-month implied volatility is up this morning to 8.81%, versus Friday’s close of 8.6050%.
  • Indonesia's 10-year bond yield is at 6.69%.
  • Indonesia 5 yr USD CDS at 68bps (yesterday close 68bp, 5-year low 58bp in 2020).

Headlines

  • Indonesia’s President-elect Prabowo Subianto said that his cabinet may consist of “many ministers” serving under incumbent leader Joko Widodo, a move that could ensure policy continuity in Southeast Asia’s largest economy (source:  BBG).

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  • USD/IDR is up at 15,600 in Jakarta morning; versus Friday's close of 15,580.  Rupiah weakness impacted by traders pricing less cuts from the Federal Reserve and a softer yuan backdrop amid China stimulus disappointment from the weekend.
  • Bloomberg Asia dollar spot index is lower by 0.18% at the open and the Bloomberg Dollar spot index is 0.14% higher.
  • USD/IDR one-month implied volatility is up this morning to 8.81%, versus Friday’s close of 8.6050%.
  • Indonesia's 10-year bond yield is at 6.69%.
  • Indonesia 5 yr USD CDS at 68bps (yesterday close 68bp, 5-year low 58bp in 2020).

Headlines

  • Indonesia’s President-elect Prabowo Subianto said that his cabinet may consist of “many ministers” serving under incumbent leader Joko Widodo, a move that could ensure policy continuity in Southeast Asia’s largest economy (source:  BBG).

Data Releases Today

Keep reading...Show less