MNI BRIEF: BOE Needs To Hold For Longer -- Mann

MNI BRIEF: Lower Rate Outlook Helping BTPs - Italy Debt Head

MNI China Daily Summary: Wednesday, November 13

MNI: PBOC Net Injects CNY215.7 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1991 Weds; +0.73% Y/Y

CHINA PBOC CONDUCTS CNY233 BLN VIA 7-DAY REVERSE REPOS WEDS

MNI: US OCT CPI UNROUNDED M/M 0.244%, CORE 0.280%

MNI: US OCT SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.314%

MNI: US OCT CPI 0.2%, CORE 0.3%; CPI Y/Y 2.6%, CORE Y/Y 3.3%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

Coronavirus Containment A Priority

SOUTH KOREA

South Korean President Moon Jae-in said that the country's top priority is to tackle coronavirus.

  • Moon also said housing market stability is also a crucial policy task, and the government forecasts chip exports will increase 10% in 2021.
  • There is speculation that South Korea could seek an extra budget after Lee Nak-yon, head of the ruling Democratic Party, said that third cash handout will be provided before Lunar New Year, which has seen discussion of another handout ahead of elections in April.
  • Sentiment in the region has taken a hit, equity markets are broadly flat as participants digest the latest coronavirus developments and lock in some profits after 6 consecutive sessions of gains.
  • USD/KRW is up 1.95 at 1084.00, the pair has ticked lower through Asia after gapping higher at the open on US dollar strength. The pair has pulled back after testing the December low at 1080 again yesterday.
  • Yields lower, the curve bull steepening as 1-2-year sectors see heavy buying. 2-Year yield down 0.9bps at 0.854%
BulletEM BulletEmerging Market NewsForeign Exchange BulletsMarkets

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.