MNI China Daily Summary: Wednesday, July 31

MNI BRIEF: BOJ To Raise Further, No Clues on Timing - Ueda

MNI BRIEF: BOJ's FY26 Inflation View Flat; Upside Risk To FY24, 25 Prices

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

MNI BRIEF: China July PMI Contracts For Third Straight Month

Flash Inflation In-Line With Tracking; Services Softens But Only Slightly

MNI: EUROZONE JUL FLASH HICP +2.6% Y/Y

MNI: GERMANY JUL UE RATE (SA) 6.0% (FCST 5.9%); JUN 6.0%

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

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

Chinese assets have largely shrugged off......>

CHINA
CHINA: Chinese assets have largely shrugged off the October trade data, which
showed a slightly weaker trade balance driven by stronger than expected import
growth, although there was no material reduction in China's surplus with the US.
- The CSI300 saw a slight lift on the data but remains below the 55-dma which
comes in at 3258, while the HSI has failed to overcome its opening highs,
keeping the index below last Friday's high and the broader downtrend intact. 
- Rate markets are up on the day with 2-year rate swaps up 1.25bps at 2.8425%,
but bond yields are pushing lower. The 10-year has broken below 3.5%, currently
trading at a three-month low at 3.496% as the entire curve shifts lower. 
- USDCNH continues to trade in a steady fashion within yesterday's range,
currently at 6.9288.  
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.