MNI BRIEF: Foreign Firms Content In China

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

Japan Tokyo Jul Core CPI +2.2% Y/Y

MNI BRIEF: Japan July Tokyo Core CPI Rises 2.2% Vs. June's 2.1%

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

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

EURHUF Pares Day's Gains, Tracing Recovery in Risk Sentiment

HUNGARY
EURHUF has pared earlier gains and is now trading close to flat on the day, tracing the recovery in risk sentiment, as evidenced by the bounce off morning lows for the e-mini S&P. The cross saw initial support from this morning's comments from Orban, who stressed his view for a notable pullback in inflation by year-end.
  • Recent ranges have been respected, but the bias remains lower for now, with clearance of the 381.12 Mar 12 low signaling scope towards key support at 372.38, the Mar 1 low.
  • Worth noting that today marks the deadline for Hungary to present legislative changes to the EU, which is one step toward unlocking monies frozen over cohesion and rule-of-law concerns. "I trust that we'll approve the draft legislation in the coming week, and I also trust that those changes will be in line with the [European] Commission's expectations," Minister Navracsics said last week.
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.