USD/IDR trades +17 pips at IDR14,902,....>

DOLLAR-IDR: USD/IDR trades +17 pips at IDR14,902, following the release of

Indonesian trade data for April. Trade deficit was wider than expected, with

both imports and exports tumbling more than forecast.

- In local news, an MP and member of Indonesia's influential Commission XI,

overseeing finances and banking, argued that BI should purchase gov't bonds at

yields lower than at auctions to help prop up the economy.

- Bulls need a clearance of May 5 high of IDR15,138 before attempting a move at

Apr 23 high of IDR15,598. Meanwhile, bears look for a dip through May 13 low of

IDR14,865 before targeting the 61.8% retracement of the Jan 24 - Mar 23 rally at

IDR14,741.

- Focus turns to Bank Indonesia's monetary policy decision, due next Tuesday.