USD/IDR has added 53 pips so far and.....>

DOLLAR-IDR: USD/IDR has added 53 pips so far and last trades at IDR14,763, as

spot has played catch-up to the escalation in U.S.-China tensions seen after

onshore trade closed yesterday.

- Indonesia's FSA decided to ease liquidity coverage ratio for certain banks,

while temporarily waiving mandatory capital buffer.

- BI Gov Warjiyo will hold a briefing at 14:00 local time, while Indonesia's

Covid-19 Task Force hold theirs at 15:30.

- Indonesia's Econ Min Hartarto said yesterday that the gov't is preparing a new

health protocol to allow economic re-opening in those regions where the spread

of Covid-19 is under control.

- A fall below the 76.4% retracement of the Mar 4 - 23 rally/May 26 low at

IDR14,706/14,700 would expose the 100-DMA at IDR14,634. Bulls look for a jump

above May 14 high of IDR14,934 before targeting the IDR15,000 mark.