• USD/IDR is down at 15,640 in Jakarta morning; versus yesterday's close of 15,735.
• Today’s strength is follow from yesterday’s rally which saw the rupiah through the 200-day EMA of 15,717 and the 100-day EMA of 15,684.  This morning’s rally has seen IDR break through the 20-day EMA of 15,650, for the first time since mid-October.  The next technical level for the currency is the 50-day EMA of 15,610.
• Bloomberg Asia dollar spot index is higher by 0.05% at the open and the Bloomberg Dollar spot index is 0.07% higher.
• USD/IDR one-month implied volatility is down this morning to 6.8650%, versus 6.9725% at yesterday’s close.
• Indonesia's 10-year bond yield is at 6.767%
• Indonesia 5 yr USD CDS at 67bps (yesterday close 68bp, 5-year low 58bps in 2020).

Headlines

• Indonesia’s Prabowo to Visit Xi Before Possible Trump Meeting (source: BBG)
• Record Dollar Reserves Set to Boost Indonesia’s Currency Defence (source:  BBG)