MNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans

MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 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

JPY Outperforms As On Modest Risk Aversion

FOREX

The last part of dealings has seen a slightly risk averse tone emerge. USD/JPY is to fresh lows for the session, last in the 141.35/40 region. We are around 0.25% stronger in yen terms versus NY closing levels on Friday. AUD and NZD are weaker, but losses are modest at this stage. AUD/USD sits at 0.6725/30, seeing support on dips sub 0.6720. NZD has slipped by slightly more, down to 0.6160.

  • There doesn't appear a direct catalyst for the moves. In the cross asset space, we are seeing a weaker tone to HK/China equities (weakness in property related stocks weighing). These moves have likely helped push USD/CNH back to 7.1900. Other regional equity indices are performing better though.
  • US equity futures are close to flat though. In the yield space, we have seen a tick higher from a yield standpoint, the US 2yr last near 4.86%, nearly +2bps for the session.
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.