MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

Monthly Retail Sales Volatility Obscures Still-Positive 3m/3m Trend

Retail Sales Grow Slightly In June, Consistent With Surveys

Collective Wages Continue To Tick Higher

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

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

Caution Creeps In Amid Chinese Holidays

FOREX

Signs of progress in U.S.-Iran talks were weighed against the prospect of tighter sanctions against Russia, following the discovery of graphic evidence of its war crimes in Ukraine. Market activity in the Asia-Pacific timezone is limited by holidays in China and Taiwan.

  • Antipodean currencies have lost some altitude in early trade, amid weakness in both crude oil and U.S. e-mini futures. That said, AUD/USD and NZD/USD have held the prior trading day's ranges.
  • The yen has clawed back its initial losses amid demand for safety, which sees CHF sitting atop the G10 pile. USD/JPY rose in early trade but eased off after failing to re-test Friday's peak.
  • Today's global data docket features U.S. factory orders & final durable goods orders as well as Canadian building approvals and BoC Business Outlook. Comments are due from a couple of BoE members, Gov Bailey and Dep Gov Cunliffe.
Energy BulletsCommodities
Energy BulletsCommodities

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.