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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Wednesday, December 11
INDONESIA: USD/IDR down at open; with Currencies Quiet in Morning’s Trade.
- USD/IDR is modestly down at 15,430/15,440 in Jakarta morning; versus Tuesday's close of 15,450.
- Bloomberg Asia dollar spot index is up 0.17% in early dealings. The Bloomberg Dollar spot index is off 0.16% in latest dealings.
- Broader USD sentiment is softening as the US Presidential debate unfolds. US yields are softer, while yen has strengthened.
- USD/IDR one-month implied volatility is up this morning to 7.715%, versus 7.83% close on Tuesday.
- Indonesia’s 10-year bond yield is unchanged at 6.62%
- Indonesia’s 5 yr USD CDS at 70bps (yesterday close 70bp, 5-year low 58bp in 2020).
Headlines
- Indonesia To Sold 2037, 36, 41, 28, 49 Sukuk Bonds yesterday with modest bid to cover ratios of 1-2 times, possibly reflecting indigestion in the new issue market ahead of perceived market volatility.
- Indonesian retailers are optimistic about their sales performance in August, anticipating a year-on-year increase of 5.8%, according to the latest survey conducted by Bank Indonesia (source: Bloomberg).
Data Releases Today
- Local Auto Sales
Government Bond Auctions
- None
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.