GASOLINE: Indonesia Allows More Gasoline Imports Via Pertamina Amid Shortages

• The latest bout of weakness for equities and bullishness across fixed income weighs on USDJPY in recent trade, which trades down to a fresh session low of 147.09, just shy of the week’s lowest level at 147.05. Overall, the pair remains in consolidation mode, with a bearish threat still present.
• Sights are on support at 145.86, the Jul 24 low. Clearance of this level would highlight a stronger S/T reversal and strengthen the bearish engulfing signal on Aug 1. This would open 144.69, a trendline drawn from the Apr 22 low. Initial firm resistance to watch is 148.52, the Aug 12 high.
• Kiwi weakness continues to be the main talking point on Thursday and the latest price action has seen NZDJPY extend session losses to 1.55% and print 11-week lows in the process.

• +5,000 TUU5 103-27.38, post time offer at 1019:54ET
• The 2Y contract trades 103-27.5 last vs. -27.75 high (+1.5)

The DMO has announced it will be looking to sell GBP5.0bln of the 4.375% Mar-28 Gilt (ISIN: GB00BSQNRC93) at its auction next Wednesday, August 27.