MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

MNI: BANXICO HOLDS INTERBANK RATE STEADY AT 11.00%

MNI BRIEF: Fed's Bowman Says Policy Appears To Be Restrictive

MNI BRIEF: Japan June Tokyo Core CPI Rises 2.1% Vs. May 1.9%

Japan May Ind. Output 2.8% M/M; Shipments +3.5% M/M

MNI BRIEF:Japan May Factory Output Hits First Rise in 2 Months

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Rupiah Starts Week On Softer Footing

IDR

Spot USD/IDR has been in demand, last sits +61 figs at IDR14,183, despite the absence of obvious local catalysts. Bulls look for a break above Oct 13 high of IDR14,224, which would bring the 50-DMA at IDR14,264 into play. Bears need losses past Oct 18 low of IDR14,057 to return into the driving seat.

  • USD/IDR 1-month NDF last seen +8 figs at IDR14,227. Topside focus falls on the 50-DMA at IDR14,303. On the flip side, Oct 15 low of IDR14,058 provides the initial layer of support.
  • Pres Widodo urged fellow ASEAN leaders to work on a Southeast Asian travel bubble and boost vaccination campaigns. Jokowi spoke at an ASEAN business summit.
  • As a reminder, the gov't will present an update on 2021 state budget today and announce their weekly review of Covid-19 restrictions.
  • Last Friday, Bank Indonesia said they expect October CPI to register at +1.62% Y/Y, based on their survey in the third week of the month.
  • Indonesia's data docket is virtually empty this week.
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