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Indonesia: Elections in focus - TDS

TD Securities analysts point out that Indonesia holds Presidential and Parliamentary elections today and will be a key event for the Asian markets.

Key Quotes

“Polls point to a win by incumbent President Jokowi against his opponent Prabowo. However, there are a large number of undecided voters and those who may yet change their minds, which suggest that a Jokowi win is by no means a done deal.”

“A Jokowi win would likely elicit a more positive market reaction given that he is perceived as a stronger reform, whilePrabowo is seen as somewhat of an unknown quantity.”

EUR/USD 3 month risk reversals hit 12-month high, signal more gains ahead

EUR/USD is currently trading at 1.13 and could remain better bid over the next three months as a key options market metric shows the demand for the th
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Eurozone and UK inflation amongst market movers today – Danske Bank

According to Danske Bank analysts, in the euro area, focus today is on the final March HICP figures, which will reveal how much of the fall in core in
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