Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
- Offshore yuan weakened on Thursday, one of only a handful of underperformers against the greenback. USD/CNH rejected the 6.50 level earlier this week and dropped as low as 6.4614 on Wednesday before grinding higher through the session on Thursday, the pair hit intraday highs of 6.4718 and closed at 6.4757, last down 15 pips at 6.4742.
- A bounce would bring the downward sloping 200-DMA at 6.5017 into focus, while support is seen just below the current rate at 6.4637. Chinese stocks have posted four consecutive sessions of gains this week and the 100-DMA could be vulnerable in a positive risk environment, with US market closing higher.
- There are no economic releases on the docket today, markets will await comments over the weekend and early next week as US Deputy Secretary of State Sherman travels to China to meet with her counterpart.