MNI BOE WATCH: Narrow Path To Aug Cut, Wary Messaging Likely

MNI China Daily Summary: Tuesday, July 30

MNI BRIEF: China To Step Up Macroeconomic Policies - Politburo

MNI CNB WATCH: Fine-Tuning Set To Start, But 50Bps 'In Play'

MNI: PBOC Net Drains CNY51.03 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1364 Tues; -1.28% Y/Y

MNI JAPAN JUNE RETAIL SALES +3.7% Y/Y; MAY +2.8%

MNI JAPAN JUNE INDUSTRIAL OUTPUT -3.6% M/M; MAY +3.6%

June IP Close To Expectations, But Positive Revisions Boost Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

A$ Range Trading After Rallying Wednesday

AUD

After outperforming on Wednesday and heading towards 65c, Aussie is under pressure during APAC trading today. AUDUSD is down 0.1% to 0.6474, off the intraday low of 0.6467. It reached a high of 0.6488 earlier. The USD index has recovered to be flat on the day following higher US yields.

  • AUDJPY is range trading and is steady around 93.88. AUDNZD is 0.2% higher at 1.0855. AUDEUR is 0.1% lower at 0.5958, close to the intraday low, and AUDGBP is flat at 0.5093.
  • Equity markets are rallying with the ASX up 0.3%, the CSI 300 +0.3% and the Nikkei +0.4%. The S&P e-mini is up 0.6%. Oil prices though are down again with Brent 0.5% lower at $82.77/bbl. Copper has fallen 0.3% and iron ore is holding gains at just under $114/t.
  • Later the Fed’s Harker and Collins speak. On the data front there are US jobless claims, July durable goods orders and Chicago &Kansas City Fed Indices
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.