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Finance & Markets

Indonesia Pays First Bond Claim From Pandemic-Era Guarantee

Indonesia’s government has paid bondholders the 722 billion rupiah ($40 million) owed to them after state-owned builder PT Waskita Karya failed to settle it last week, marking the first payout under a pandemic-era guarantee program for securities issued by state companies.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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US Dollar: Data-driven consolidation risks – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner see the Dollar facing some near-term downside risks after a strong rally. They highlight upcoming US labour data and August PCE as key drivers for October FOMC rate expectations.

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