MNI BRIEF: Fed's Goolsbee Taking Job Gains With Grain Of Salt

BRIEF: EU Says Engaging With China Over EV Trade Dispute

MNI BRIEF: Draghi Calls For Tariffs, Subsidies Against China

MNI BRIEF: China May M2 Slows To Record Low Again

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

US Treasury Auction Calendar

MNI: BAKER HUGHES US RIG COUNT 590; OIL RIGS 488; GAS RIGS 98

EZ/UK Bond Supply Calendar: Slovakia, Belgium, BoE APF Monday

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

A$ Supported By Further Easing Of China Travel Restrictions

AUD

MNI (Australia) - AUDUSD has started today’s session around 0.2% higher on Friday’s close at 0.6732. Aussie rose against kiwi, yen and pound. It has been supported by the news that China will no longer require incoming travellers to quarantine. DXY is 0.1% lower.

  • AUDNZD is up 0.4% since Friday at around 1.0730. AUDJPY is 0.8% higher to 89.86. AUDGBP is up 0.5% to around 0.5596. AUDEUR is flat at 0.6326.
  • Equity markets were mixed overnight as the improvement in risk sentiment was unwound during the US session. The S&P 500 finished down 0.4% while the Eurostoxx rose 0.4%. Oil prices rallied during the NY session to a high of $81.18/bbl but gave up those gains to be only 0.2% higher than Friday’s close at around $79.70. Copper also rallied but has closed well off the highs up 1% on Friday. Iron ore is up almost $3 to $113.30.
  • There are no data or events in Australia this week and there is only secondary data in the US.
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.