MNI BRIEF: Caixin June Manufacturing PMI Hits Three-year High

MNI BRIEF: Japan Q1 GDP Revised Lower On Public Investment

MNI BRIEF: Business Inflation Expectations Solid - BOJ Tankan

MNI: PBOC Net Drains CNY48 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1265 Mon; -0.32% Y/Y

Daily Average Exports Hold Close To Recent Highs, Trade Surplus Firms

CHINA JUNE CAIXIN MANUFACTURING PMI 51.8 VS 51.7 IN MAY

MNI: BOJ Tankan: Sentiment Rises, Solid Capex Plans, Backs BOJ

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

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

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AUD was well bid and NZD appreciated in.......>

FOREX
FOREX: AUD was well bid and NZD appreciated in tandem in reaction to the news
that Queensland and Western Australia will be relaxing lockdown measures. Across
the ditch, New Zealand will lower its alert level to 3 at midnight. Optimism
about the trajectory of the coronavirus outbreak in the Antipodes supported
local currencies amid thinner liquidity, as New Zealand and some Australian
states observed a public holiday, while also improving the broader mood. AUD/USD
rallied past $0.6400 and penetrated the key $0.6445 resistance.
- JPY popped higher after the BoJ left its policy rate & 10-Year JGB yield
target unchanged, but strengthened monetary easing by scrapping the limit on its
JGB purchases & tweaking forward guidance. Safe haven peers USD and CHF remained
fragile, as all three were limited by the risk-on feel.
- Softer oil prices applied some pressure to NOK, although CAD held up well.
- KRW outperformed in the Asian EM basket amid a stabilising situation on the
local coronavirus front, even as the weekend saw continued chatter surrounding
the health of North Korea's Supreme Leader.
- Today's data docket is very light and features Dallas Fed M'fing Activity.
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