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Policy
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Emerging Markets
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Data
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Global Macro
Global Macro
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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.
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Free AccessBiden Could Ease China Tariff Burden This Week
- The Wall Street Journal reports that Biden could announce a roll back of China's tariff burden as soon as this week as the POTUS looks to rein in inflation and ease price pressures on the consumer.
- Sources cited in the report say that tariffs on certain goods classes including clothing and school supplies could be paused, while a broad framework is also launched to allow importers to request waivers for other tariffs.
- USD/CNH spills lower on the headline, putting the pair at 6.6807 - the lowest since June 28th - before some stabilisation. In sympathy, equity futures see some minor support, prompting the e-mini S&P to add around 10 points to trade at 3815.50 last.
To read the full story
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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.