BRIEF: Fiscal Commitments "Critical" - Eurogroup's Donohoe

MNI BRIEF: Fed's Kashkari: 1-2 Years Before Inflation Hits 2%

KASHKARI: WILL TAKE A YEAR OR TWO TO RESTORE 2% INFLATION

MNI China Daily Summary: Thursday, June 20

MNI: PBOC Net Injects CNY18 Bln Via OMO Thu; Rates Unchanged

CHINA PBOC CONDUCTS CNY20 BILLION VIA 7-DAY REVERSE REPOS THU

US EIA: CRUDE OIL STOCKS EX SPR -2.55M TO 457.1M JUN 14 WK

Homebuilding Set To Keep Softening As Pullback In Permits Continues

Employment Insurance -2.8% In April But +15% From Year Earlier

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

Dollar, Treasuries Retrace Small Portion of Wednesday Move

CROSS ASSET
  • The greenback is clawing back some lost territory early Thursday, with EUR/USD being dragged off the Weds high of 1.1368 but still holds well above the 1.13 handle. The US curve has shifted slightly lower, with the 10yy off 1bps to retrace a small part of yesterday's moves. Subsequently, equity markets sit in very minor negative territory, evident in the Nikkei 225's 0.4% lower close.
  • Presidents Biden and Putin hold a call today to discuss the ongoing tensions in eastern Ukraine, with a spokesman yesterday stating Biden will offer Russia a diplomatic solution to avoid further unrest and de-escalate tensions. The call follows the US presenting intelligence to European partners that suggested Putin was building troops on the border and could launch an invasion as soon as early January. The call is scheduled for 1530ET/2030GMT.
  • Focus for today rests on the MNI Chicago PMI due at 1445GMT - with markets expecting the data to improve marginally to 62.0 from 61.8 previously. Weekly jobless claims also cross, with consensus looking for a 206k IJC - in line with the prior reading.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
Homepagemarkets-real-timePolitical RiskCommoditiesEquitiesPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
Homepagemarkets-real-timePolitical RiskCommoditiesEquitiesPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.