MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

Dollar Steady, Japan FinMin With Familiar FX Rhetoric, China Data Later

FOREX

The BBDXY has got off to a steady start in Tuesday trading. We were last near 1261.85, little changed from end Monday levels in NY.

  • USD/JPY has been relatively steady, the pair last near 154.15/20, a touch off end Monday levels. FinMin Suzuki has crossed the wires with familiar rhetoric around FX markets, but once again they don't appear to be a step up on what has been said previously. The FinMin refrained from commenting on whether the current round of yen weakness was rapid.
  • Other G10 FX pairs have been steady, AUD/USD last near 0.6440, NZD remains close to 0.5905. Both pairs not far from Monday lows.
  • Headlines that have crossed have centered on the US house and the potential vote schedule for support bills for both Israel and Ukraine. Text for the bills may be available later today (US time), while a vote is likely this Friday.
  • More broadly, the market will be watching for Israel's response to the weekend Iranian attacks, after the country vowed to respond.
  • In the cross asset space, US equity futures sit a touch higher, following sharp cash losses in Monday trade. Regional Asia Pac markets which are open are tracking lower. US yields are a touch higher in early dealings.
  • The main focus coming up will be on China Q1 GDP and March activity data. Also note we get March house price data.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.