MNI BRIEF: China June CPI Hits Three Month Low

RBNZ MPC SAYS OCR "HAS SIGNIFICANTLY REDUCED CPI"

MNI: RBNZ LEAVES OCR AT 5.5%

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

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

ITALY MAY INDUSTRIAL PRODUCTION +0.5% M/M ; -3.3% WDA Y/Y

Contrasting Momentum Dynamics Underscore Need For July Data

Services Drive Downside Surprise in CPI-ATE

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

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

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

Greenback Marginally Pressured In Early Trade

FOREX

The USD is marginally pressured in early dealing on Monday. WTI futures are ~1% firmer, as the fallout from the Russian political situation weighs on supply, however spillover to other markets is limited thus far.

  • Yen is firmer as US Tsy yields tick lower, USD/JPY is down ~0.2% last printing at ¥143.35/45. Japan May Services PPI printed at 1.6% lower than the 1.8%.
  • Kiwi is a touch firmer trimming some of Friday's losses, last printing $0.6150/55. However moves remain limited at this stage.
  • AUD is little changed from Friday's closing levels, ranges have been narrow with little follow through.
  • Elsewhere in G-10 BBDXY is ~0.1% lower, GBP and EUR are a touch firmer.
  • Cross asset wise; 2-Year US Tsy Yields are ~2bps lower, and e-minis are 0.2% firmer.
  • The data calendar is thin on Monday.
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.