MNI BRIEF: UK Inflation At Slowest Pace In 30 Months - ONS

MNI: PBOC Conducts CNY3 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC INJECTS CNY3 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI China Press Digest March 20: M&A, Consumer Rights, FDI

MNI BRIEF: China’s March Loan Prime Rate Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0968 Weds; -4.25% Y/Y

Little change for BOE expectations: CPI only saw very minor surprise

Looking at the drivers of the change in UK CPI

Services inflation in line with BOE forecast; headline a tenth lower

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

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

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Greenback Bounces

FOREX

A small bounce in the greenback early in Asia on Wednesday after another decline on Tuesday, AUD and NZD bother lower as a result. AUD has shed around 6 pips with focus on Westpac Consumer Confidence at the bottom of the hour, while Wage Price Index data at 02030BST/1130AEST has the potential to be a market mover.

  • NZD is around 10 pips lower, data earlier showed Q1 producer output prices rose 1.2% Q/Q, while producer input prices rose 2.1% Q/Q. Elsewhere GDT price index & whole milk powder price index both fell just 0.2% in the latest auction. It was the fourth auction which saw the index remain little changed.
  • JPY is slightly softer but more resilient than its regional peers. USD/JPY up 2 pips. NHK reported earlier that a safety lapse was found at TEPCO's Fukushima Daini plant. Markets await final March industrial output later in the session.
  • Offshore yuan is weaker, USD/CNH is up 34 pips at 6.4246, but still holding near the bottom of Tuesday's range which denoted the highest for CNH since May 11.
Energy BulletsCommodities
Energy BulletsCommodities

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.