CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

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

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Stabilisation

IDR

Spot USD/IDR stabilises after yesterday's surge, which allowed the pair to take out its 50-DMA. It last changes hands +10 figs at IDR14,258. Bulls look for a breach of the 100-DMA/Sep 30 high at IDR14,330/14,333. Meanwhile, bears keep an eye on Oct 18 low of IDR14,057.

  • USD/IDR 1-month NDF last -20 figs at IDR14,308. A fall through Oct 26 low of IDR14,148 would clear the way to Oct 15 low of IDR14,058. Conversely, gains past the 200-DMA/Sep 29 high at IDR14,383/14,394 would give bulls some momentum.
  • Pres Widodo has signed off on a regulation on carbon pricing as a market-based instrument to curb greenhouse gas emissions.
  • As a reminder, Indonesia's CPI inflation registered at +1.65% Y/Y in Oct, slightly up from +1.60% recorded in Sep.
  • The main highlight on Indonesia's docket for the remainder of this week is Q3 GDP, due Friday.
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.