BRIEF: EU Says Engaging With China Over EV Trade Dispute

MNI BRIEF: Draghi Calls For Tariffs, Subsidies Against China

MNI BRIEF: China May M2 Slows To Record Low Again

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1151 Fri; -1.51% Y/Y

MNI: CANADA APR WHOLESALE SALES +4.1%; EX-AUTOS +0.9%

MNI: CANADIAN APR MANUFACTURING SALES +1.1% MOM

MNI: US MAY IMPORT PRICES -0.4%

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

Coronavirus Restrictions Could Be Eased

TWD

Taiwan dollar is weaker at the open, USD/TWD continuing its move higher after touching intraday lows around 27.68 during the Asia-Pac session yesterday, the lowest in almost a week, the rate last changing hands at 27.724.

  • Markets continue to digest reports yesterday that Taiwan Premier Su Tseng-chang is said to be considering loosening some restrictions on local industries, the CDC also said that the government will allow some recreational venues to open from October 5.
  • Data yesterday showed that industrial output beat estimates in August rising 13.7%, the July figure was revised higher. Manufacturing output rose 14.6%, electronic parts manufacturing rose 14.9%.
  • On the geopolitical front a UK warship sailed through the Taiwan Strait yesterday for the first time since 2018. It follows comments from the defence ministry that the Chinese air force has made more than 500 incursions into Taiwan's air-defense identification zone so far in 2021.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.