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Global Macro
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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
MNI ASIA OPEN: Israel-Hezbollah Ceasefire Cautiously Reached
Widodo Unveils Nominees To Replace Outgoing BI Dep Govs
Spot USD/IDR has added 17 figs thus far, last operates at IDR14,315, defying post-FOMC market impetus. The rate is approaching the 100-DMA/Sep 30 high at IDR14,332/14,333 and a break here would bring Aug 27 high of IDR14,445 into view. Bears need a pullback under the 50-DMA at IDR14,235 to get some reprieve.
- USD/IDR 1-month NDF last seen -11 figs at IDR14,366. Further losses past the 50-DMA at IDR14,272 would please bears, while bulls look to a jump above IDR14,522, which capped gains on Aug 26 & 27.
- Pres Widodo unveiled his nominations for two deputy governors of the central bank, both were recommended by the sitting governor. Juda Agung will replace Sugeng, who oversees payment system, rupiah management and information system. Adima Dudiman will replace Rosmaya Hadi, responsible for regional branches and logistics.
- Focus moves to Indonesia's Q3 GDP data, due for release tomorrow.
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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.