Free Trial

Chinese markets are coming under some.........>

CHINA: Chinese markets are coming under some downward pressure following the
Hong Kong equity market open, with the HSI down almost 400 points (1.4%) from
Friday's close and the HSCEI down 200 points (1.8%). 
- This has seen USCNH trade at fresh daily highs at 6.8666 as the range high
seen on Sep 18 at 6.8931 comes into focus. 
- JPYCNH is threatening to break back above the 6.1 level marking neckline
resistance, which would undo recent technical weakness in the pair. 
- EURCNH continues to push higher despite recent EURUSD weakness, with the pair
trading at 8.06 as it pushes into fresh multi-year high territory. 

To read the full story



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.