MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

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/NZD Lower Post AU Jobs, Holds Above Support

AUDNZD
  • AUD/NZD is lower after AU Jan Jobs was weaker than expected with 0.5k vs 25k expected, while unemployment ticked up to 4.1% vs 4.0% expected. The pair traded lower from 1.0670 to 1.0650, still comfortably above the Tuesday lows of 1.0640, and major support zone of 1.0600. The 20 and 50-day EMAs are now 1.0695/1.0735.
  • The AU-NZ 2yr swap spread has re-widened to -108bps (-3bps), although we are up from recent lows for the spread of -115bps.
  • Looking ahead, NZ Manufacturing PMI is due out tomorrow, along with RBNZ Governor Orr speaking early morning Local Time. The Aust calendar is empty, leaving Orr's speech a key focus point, particularly around the RBNZ bias in the first half of this year
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
Homepagemarkets-real-timeBulletMarketsForeign 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.