• USD/IDR is up at 15,740 in Jakarta morning; versus yesterday's close of 15,725.
• Recent periods of weakness has seen the Rupiah breach the 200-day EMA of 15,716 for the first time since mid-August.  
• USD/IDR one-month implied volatility is up this morning to 9.09%, versus 9.085% yesterday’s close.
• Indonesia's 10-year bond yield is at 6.847%.
• We also continue to see a steady outflow from offshore investors in terms of local equities, with $573.5mn in outflows so far in October.
• Indonesia 5 yr USD CDS at 67bps (yesterday close 67bp, 5-year low 58bps in 2020).

Headlines

• Indonesian Rupiah Faces More Weakness Amid Equity Outflows (source: BBG)
• Prabowo asks for new capital to be completed in four years (source: Indonesia Business Post)

Data Releases 01 November, 2024

• S&P Global Indonesia PMI Manufacturing
• CPI NSA MoM
• CPI Core YoY
• CPI YoY

Government Bond Auction

• Bank Indonesia to Sell 181D SVBI Bills.
• Bank Indonesia to Sell 32D SVBI Bills.
• Bank Indonesia to Sell 92D SVBI Bills.