www.fxstreet.com - Uncertainty
over Greece continued to weigh on risk sentiments in Asian morning,
with spot USD/IDR retaining foothold above 9260 mark after being briefly
bid to 9266 highs. Expect more talks of BI attempting to keep onshore
banks from bidding the pair higher and consequently keeping on lid on
volumes. 9250-9280 is the broad range for the day, with drift higher to
run into intervention offers. JKSE is likely to trade with a heavy tone
on broader risk-off mood.
(source)
Separately the govt managed to raise only IDR
775bn, a fraction of programmed IDR 6trn in the bond auction on late Mon
(Rtrs). With this issuance, Q2 has witnessed IDR 25.02tr, of the
quarterly target of IDR 46.5trn. Latter is narrower than Q1 when the
govt raised IDR 60.4trn. As a follow-up, the finance ministry plans to
raise IDR 1trn through a sukuk auction on May 22. RR
Source:
http://www.fxstreet.com/technical/market-view/fxmarketalerts/2012/05/15/09/ - May 15, 2012
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