MNI INTERVIEW2: Uninsured Bank Deposits Still Vulnerable-Bair

CANADA APR RETAILS +0.7%, MATCHING FORECAST, PRIOR -0.3%

MNI: Canada May Retails Fall After Only Rise This Yr In April

MNI BRIEF: China Hopes EU To Ease Frictions Via Negotiations

MNI: PBOC Net Injects CNY8 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1196 Fri; -1.41% Y/Y

EZ/UK Bond Supply Calendar: EU Auction, BoE APF on Monday

MNI: CANADA MAY INDUSTRIAL PRICES +0.0% MOM; EX-ENERGY +0.5%

MNI: CANADIAN APR RETAIL SALES +0.7%; SALES EX-AUTOS/PARTS +1.8%

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

Hang Seng Firms At Open, AUD Extends Gains

CROSS ASSET

The Hang Sang has opened dealing ~3.1% firmer and the Hang Seng Tech Index is up ~5%. Over the weekend the China Securities Regulatory Commission cut the levy charged on stock trades from 0.1% to 0.05%, effective from today. It is the first time the levy has been cut since April 2008.

  • In the FX space the AUD has extended recent gains and sits up ~0.5% last printing at $0.6430/35, resistance is at $0.6488 (high from 24 Aug). Elsewhere ing G-10 NZD is up ~0.3%, and the Scandies are firmer although liquidity is generally poor in Asia.
  • US Equity Futures are also higher, E-minis are up ~0.2% as are NASDAQ futures.
  • In the FI space spillover is limited thus far, US Tsy Yields are holding cheaper rising ~1bp across the major benchmarks.
HomepageCommoditiesEquitiesBulletMarketsFixed 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.