-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessRupiah Shows Weakness Despite Notable Net Equity Inflow
Spot USD/IDR deals +46 figs at IDR15,234 in the wake of overnight greenback rally. From a technical standpoint, bulls look for a break above Oct 4 high of IDR15,309 before targeting the 61.8% retracement of the 2020 sell-off at IDR15,574. Bears need a dip through Sep 30 low of IDR15,150 before taking aim at the 100-DMA, which crosses at IDR14,874.
- USD/IDR 1-month NDF last -2 figs at IDR15,250. Bears look for losses past Oct 5 low of IDR15,158, followed by the 100-DMA at IDR14,894. Bulls keep an eye on Oct 3 high of IDR15,394.
- Foreign investors bought a net $266.8mn in Indonesian stocks Thursday, the largest daily inflow since May 31. The Jakarta Comp was little changed at the close, but dropped as local markets re-opened today and last sits ~0.2% lower.
- Palm oil futures hold firm after advancing for the sixth straight day on Thursday, as the tropical oil's discounts to soyoil and gasoil approached record highs. The aggregate BBG Commodity Index is slightly softer.
- Indonesia's 5-Year CDS premium is creeping higher again and last sits at 153.3bp, moving towards cyclical highs of 166.0/166.9bp.
- Indonesian consumer confidence gauges are expected to hit the wires in the coming days.
Fig. 1: Indonesia Jakarta Stock Exchange Net Foreign Stocks Investment ($mn)
Source: MNI - Market News/Bloomberg
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.