MNI China Daily Summary: Friday, December 6

MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI: EUROZONE Q3 GDP +0.4% Q/Q, +0.9% Y/Y

MNI: GERMANY OCT IND PROD -1% M/M

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Has pared overnight gains, NFP in focus

USD
  • The Dollar has pared of all its gains during the European morning session, after the Emini recovered from its lows, helping EU Equities also off their lows.
  • The Dollar now leans in the red against G10, although AUD is still down just 0.14%.
  • Some of the notable mover was the SEK in early trade initially falling, following a pretty poor Manufacturing PMI, but the currency has since faded the move to trade back at pre Swedish PMI levels.
  • Most FX pair/Crosses trade within ranges, as investors await the US NFP/AHE.
  • NOK is the best performer, albeit by just 0.17%, with the latter aided by the move higher in Oil this Morning, with WTI breaking above $84.
  • Looking ahead, US NFP/AHE, and final Manufacturing PMI.
  • Range for NFP is 120k/230k, Median 170k, whisper 155k.
  • Speakers include, Fed Bostic (non voter, on Mon Pol), Mester (non voter, on Inflation).
HomepageBulletMarketsFixed 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.