MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: PBOC Net Injects CNY57 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1315 Fri; -0.52% Y/Y

Intermediate PPI Deflation Continues To Fade in June

MNI: GERMANY JUNE PPI  +0.2 % M/M (+0.1% FCAST, 0.0% PRIOR)

Disappointing data but no market reaction

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, Finds Support From Stronger Equities

AUD
BulletMarketsForeign Exchange BulletsHomepage

AUDUSD has been trading in a narrow range during today’s APAC session and is currently up 0.1% to 0.6634 after an intraday high of 0.6639. Aussie has been supported by generally higher regional equities and the lower CNY fix. The USD index is down 0.1%.

  • AUDJPY is down 0.1% to 103.98 after a low of 103.86. AUDNZD is moderately lower at 1.0824. AUDEUR is slightly higher at 0.6114 and AUDGBP at 0.5207.
  • Equities are mixed with the ASX up 0.7%, CSI 300 +0.2% but Hang Seng down 0.2%. The S&P e-mini is down 0.1%. Oil prices are moderately higher with WTI up 0.3% to $77.92/bbl. Copper is up 0.2% and iron ore is around $119-120/t.
  • The US and UK are closed today for holidays. ECB’s Lane speaks and German Ifo survey for May prints. Australian April retail sales are released tomorrow.
139 words

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.

AUDUSD has been trading in a narrow range during today’s APAC session and is currently up 0.1% to 0.6634 after an intraday high of 0.6639. Aussie has been supported by generally higher regional equities and the lower CNY fix. The USD index is down 0.1%.

  • AUDJPY is down 0.1% to 103.98 after a low of 103.86. AUDNZD is moderately lower at 1.0824. AUDEUR is slightly higher at 0.6114 and AUDGBP at 0.5207.
  • Equities are mixed with the ASX up 0.7%, CSI 300 +0.2% but Hang Seng down 0.2%. The S&P e-mini is down 0.1%. Oil prices are moderately higher with WTI up 0.3% to $77.92/bbl. Copper is up 0.2% and iron ore is around $119-120/t.
  • The US and UK are closed today for holidays. ECB’s Lane speaks and German Ifo survey for May prints. Australian April retail sales are released tomorrow.