MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected

MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: Brazil Annual Inflation Rises To 4.87% In November

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

US Q3 REV NONFARM PRODUCTIVITY +2.2%; Y/Y +2.0%

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

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

AUD/GBP: Firms Above 20-Day EMA, Australia CPI On Tap

AUD

AUD/GBP firmed above the 20-Day EMA (£0.5110), closing above the measure for the first time since late-July rising ~0.5% on Tuesday.

  • The pair is stable in early dealing today and last prints at £0.5125/30.
  • Bulls now look to target the high from 2 Aug (£0.5182), a break through here opens the high from 31 July (£0.5247). The 200-Day EMA comes in at £0.5369.
  • Despite yesterday's rally, and the recovery off cycle lows in recent dealing, the pair remains in a downtrend. Bears target a break of cycle lows (£0.5007) which opens £0.4862 a Fibonacci projection and the March 2020 low at £0.4795.
  • July CPI from Australia is on tap today, a down tick in inflation to 5.2% Y/Y from 5.4% is expected.
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.