Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• PPI 0.3% m/m; range 0.1% to 0.5% (58 estimates)
• Core PPI 0.2% m/m; range -0.1% to 0.3% (52 estimates)
• Ex trade PPI 0.1% m/m; range -999998% to 0.2% (7 estimates)
• PPI 2.5% y/y; range 2.2% to 2.6% (22 estimates)
• Core PPI 2.1% y/y; range 2% to 2.3% (21 estimates)
• In July, the PPI fell 0.1 percent, the first decline since August 2016
• “Final demand and core wholesale prices have receded from the multi-year highs registered earlier in the year; that is good news for businesses, but bad news for policy makers who are looking for signs of higher inflation before moving to increase interest rates”: Bloomberg Intelligence

To contact the reporters on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Marco Babic

(Bloomberg) -- Bank Indonesia broadens scope of its anti-money laundering and terrorism funding rule to include financial technology companies, Eni Panggabean, executive director for policy and supervision of payment system, tells reporters in Jakarta.

• Revised rule includes risk-based approach to optimizing supervision, and requirements to freeze funding to terrorism and weapons of mass destruction without delay
• Revised rule requires beneficial owner of customer identification to comply with Financial Action Task Force, says Rosalia Suci, executive director for legal department
• FATF to review Indonesia’s compliance in anti-money laundering and terrorism funding in November: Panggabean
  • Indonesia can reduce its premium risk if it complies with FATF recommendation

To contact the reporter on this story: Rieka Rahadiana in Jakarta at rrahadiana@bloomberg.net

(Bloomberg) -- China to improve its monitoring system for abnormal cross-border money flows, according to guidelines posted on State Council website.

• China seeking intelligence on cross-border money laundering and financing for terrorism, using information gleaned from monitoring foreign-exchange trading, cross-border yuan trading and anti-money laundering efforts
• China seeks to establish laws and “powerful” supervision system by 2020
• China will gradually set up anti-money laundering and anti-terrorism financing supervision systems for property agents, as well as precious metal, jewelry and jade sale sectors
• Link to statement: http://www.gov.cn/zhengce/content/2017-09/13/content_5224805.htm

To contact Bloomberg News staff for this story: Li Liu in Beijing at lliu255@bloomberg.net

(Bloomberg) -- Bund futures (RX1) technical levels in focus.

• Daily Trend Bias: Bearish
• Comment: Strong bearish session on Tuesday below 13-, 21-DMA’s (162.38-08) quells any upside fears and turns full focus on the downside; potential corrective momentum may extend to 161.15 Fibonacci zone
  • Resistance: 162.12 (pivot); 162.22-29; 162.50; 162.70
  • Support: 161.66; 161.53-50; 161.36; 161.15
• NOTE: Roll-adjusted by difference in GFUT
• NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice

To contact the reporter on this story: Sejul Gokal in London at sgokal1@bloomberg.net To contact the editors responsible for this story: Ven Ram at vram1@bloomberg.net Scott Hamilton