MNI China Daily Summary: Thursday, June 13

MNI BRIEF: China Ready To Safeguard Interests After EU Tariffs

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

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1122 THURS VS 7.1133

BoJ Data Watch

Fed Data Watch

Industrial Production Disappoints With Weakness Driven by Ireland and Italy

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

Firms As Sentiment Improves In Asia

NZD

NZD/USD prints at $0.5960/65, the pair is up ~0.3%.

  • Kiwi has been bid for much of this morning's Asian session; firmer US Equity Futures, lower US Tsy Yields and another strong Yuan fixing by the PBOC have aided risk sentiment in the Asian session.
  • NZD/USD does remain within recent ranges as Tuesday's high remains intact for now. Bulls look to break $0.5970 to target the $0.60 handle and the 20-Day EMA ($0.6039).
  • AUD/NZD is a touch higher however the cross continues to see-saw around $1.08 in narrow ranges.
  • Cross assets; e-minis are up ~0.3% and 10 Year US Tsy Yields are down ~3bps. BBDXY is ~0.1% lower.
  • A thin docket for the remainder of the session leaves wider swings in risk sentiment as the main driver in NZD.
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.