CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

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

Thursday's GDP Data Awaited In The Absence Of Other Local Catalysts

IDR

Spot USD/IDR reopened slightly lower this morning, but has recouped losses since and last trades +2 figs at IDR14,344. A break above the 100-DMA at IDR14,422 would open up Jul 26 high of IDR14,510. On the flip side, a slide through the 200-DMA at IDR14,311 would bring Jun 11 low of IDR14,185 into play.

  • USD/IDR 1-month NDF last seen +21 figs at IDR14,376. Topside focus falls on Jul 28 high of IDR14,588, while the next layer of support is provided by Jun 11 low of IDR14,198.
  • Indonesian Foreign Min Marsudi travelled to DC to meet with her U.S. counterpart Blinken. Both chief diplomats launched a "strategic dialogue" on issues including freedom of navigation in the South China Sea.
  • Indonesian Q2 GDP report will be published on Thursday. The Indonesian economy is expected to have grown 6.72% Y/Y, according to Bloomberg consensus forecast.
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.