MNI China Daily Summary: Monday, June 17

MNI BRIEF: China To Retaliate Against EU Pork Products

MNI BRIEF: China Consumption Can Continue Acceleration - NBS

MNI: PBOC Conducts CNY182 Bln Via 1Y MLF Mon; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1149 Mon; -1.41% Y/Y

CHINA PBOC CONDUCTS CNY4 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

EZ/UK T-Bill Calendar: 6-Month ESM-Bill Auction on Tuesday

Empire Survey Shows Improving Manufacturing Optimism At End-Q2

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Rupiah Faces Mild Headwinds

IDR

Spot USD/IDR has trimmed some gains after a firmer re-open and last changes hands +11 figs at IDR14,358. Renewed gains past Mar 7/Jan 31 highs of IDR14,415/14,420 would clear the way to Dec 6 high of IDR14,447. On the downside, initial focus falls on Mar 17 low of IDR14,275.

  • USD/IDR 1-month NDF last seen -14 figs at IDR14,378. Bears keep an eye on Mar 16 low of IDR14,264, while bulls look to a move through Mar 8 high of IDR14,480.
  • The Financial Services Authority (widely known as OJK) noted that it will begin phasing out regulatory pandemic-era stimulus in domestic stock market.
  • Indonesia's M2 money supply expanded 12.5% Y/Y in February in a slight slowdown from January's 12.8% growth.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.