The dollar maintained an advance against most major peers as the odds of a December interest rate increase climbed, with data due Tuesday forecast to show the U.S. economy last quarter expanded more than previously reported. The greenback traded near a 7-mo high against the euro after San Francisco Fed President John Williams said there is a “strong case” for a rate increase in December if U.S. data hold up. The dollar fetched $1.0630 per euro as of 8:42 a.m. in Tokyo from $1.0636 on Monday, when it touched $1.0593, the strongest since April 15. The greenback was little changed at 122.91 yen from 122.84. The U.S. will revise its estimate of 3Q GDP to 2.1% from 1.5%, according to economists in a Bloomberg survey before data due Tuesday. (Bloomberg)
Government bonds volume was IDR6.36 trillion, and it was dominated by short term (< 5 years). It was lower than the previous day transaction of IDR10.62 trillion and it was lower than its YTD average of IDR12.61 trillion.
Corporate bonds volume was IDR1043.00 billion, mostly short term (< 5 years). It was higher than the previous day transaction of IDR276.37 billion and it was higher than its YTD average of IDR629.77 billion.
Debt Research | PT. Danareksa Sekuritas