MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

A very busy week ahead

USD
  • The Dollar was underpinned overnight, going into the European session, after Equity futures gaped lower led by US Troops killed in Jordan and a Tanker was hit in the red sea.
  • Equities have since recovered during the early European session, and the Dollar has also pared gains to trade mixed against G10s.
  • Best performers are NZD, AUD, CHF and Yen in that order, while the SEK and the EUR are leaning in the red.
  • Lower US Yields has kept the USDJPY close to its traded low of 147.71, now trading at 147.83.
  • The EUR is offered in G10 so far today, as German Yield drifts lower, and Dovish ECB speakers have kept the lid on the EUR.
  • Besides the SEK, which is down a small 0.06%, the EUR trades in the red versus all the majors.
  • Some will look at 1.0813 in EURUSD, Friday's low for support, but better is seen at 1.0793 50.0% retracement of the Oct - Dec bull leg.
  • Looking ahead, there's no notable data for the session, but this week will be the busiest week so far this year, with Data, Risk Events (CBs), Earnings, Month End and supply.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.