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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Rupiah Trades Sideways In Search For New Catalysts
Spot USD/IDR has traded sideways, holding near neutral levels thus far. The pair last trades little changed at IDR14,065 & participants remain on the lookout for fresh catalysts.
- Should the rate move through support from Jan 15 low of IDR14,020, bears would be able to take aim at Jan 4 low of IDR13,865. Conversely, a rally past the 50-DMA at IDR14,110 would encourage bulls to target the 38.2% retracement of the Oct 14 - Jan 4 slide/Jan 12 high at IDR14,204/14,205.
- The EU is planning to sue Indonesia to the WTO over Jakarta's restrictions on exports of certain raw materials. The EU is expected to bring up the case during the Jan 25 meeting of the WTO's Dispute Settlement Body.
- Indonesian state builder PP Director said that the company plans to issue IDR1.5-2.0tn bonds due in 3-5 years this quarter as part of its IDR4.0tn bond scheme.
- Looking ahead, Bank Indonesia delivers its monetary policy decision on Thursday, with consensus looking for a stand-pat decision.
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.