Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform mostly weaker against the USD on the last trading day as risk appetite sour. The only winner is IDR by 0.2% ; the largest loser are SGD 0.42%, CNH 0.31%, TWD 0.2%, MYR by 0.13%, INR 0.08% and HKD 0.03%.

USD/CNH is trading higher at 7.3379 from 7.3152 previously closed. Onshore spot market is trading unchanged at 7.29693 than previously closed. 12 month NDF followed the offshore market and is trading higher at 7.1727 compared to 7.1496 previously closed.

USD/IDR spot market is trading lower at 16102 from 16135 previously closed. 1 month NDF is trading higher at 16287 from 16215 previously closed.

USD/INR onshore spot market is trading higher at 85.60 from 85.54 previously closed. 1 month NDF is trading higher at 85.86 from 85.79 previously closed.