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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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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
USD/IDR has given away 43 pips and.......>
DOLLAR-IDR: USD/IDR has given away 43 pips and last trades at IDR14,090, as Bank
Indonesia (again) intervened to support the rupiah, which has allowed the
currency to resist pressure exerted by the broader risk-off feel.
- The Financial Times interviewed FinMin Indrawati, who noted that Indonesia
will use QE and other emergency monetary & fiscal policy options as long as
needed. He stressed the crucial role of the gov't in stimulating economic
recovery, adding that BI could be a "standby buyer" of gov't bonds when mkt
loses capacity to absorb rising budget deficit.
- Bears need a dip through the low of Jun 8 located at IDR13,873 to reinstate
the recent downtrend. Bulls look to retake the 200-DMA at IDR14,361, which would
open the 23.6% retracement of the Mar 23 - Jun 8 sell-off at IDR14,522.
- Indonesian trade balance will be published at the top of the hour. Looking
further afield, BI delivers its monetary policy decision on Thursday.
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.