MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% 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

Caution Takes Hold In Early Trade, GBP Rises On Hopes For Progress In Brexit Talks

FOREX

Little to add for G10 FX space on top of what we have already covered. Initial risk-off feel, linked to a mix of familiar catalysts (namely coronavirus situation & U.S. fiscal matters), has moderated. Commodity FX generally still struggle to fully regain poise, albeit NZD has recovered with liquidity thinned by a market holiday in New Zealand. Sterling leads gains in the space, after EU Chief Negotiator Barnier, who was due to leave London on Sunday, decided to stay on and extend the current phase of talks with the UK through Wednesday.

  • USD/KRW resumed its sell-off after the weekend, punching through the KRW1,130 mark to print worst levels since Mar 2019.
  • Hong Kong markets are shuttered for a local holiday.
  • Focus today falls on German Ifo Survey, U.S. new home sales, a policy speech from Japanese PM Kuroda and comments from ECB's de Cos.
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.