MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI: US JUL FINAL MANUFACTURING PMI 49.6 (FLASH: 49.5); JUN: 51.6

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

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

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

Korean 10-year bond futures remain 7....>

KOREA RATES
KOREA RATES: Korean 10-year bond futures remain 7 ticks lower on the day despite
having recovered most of their losses even as Korean stocks trade near daily
highs, up 1.7% on the day. 
- Equities and bond yields have been showed a strong negative correlation in
recent weeks, with the BOK's rate hike on Friday doing little to alter this
trend as the yield curve continues to flatten. 
- However, upside yield pressure seems to be emerging, with the 2-year adding
1.5bps today to trade at 1.9130% and the 10-year gaining 0.7bps to post a
potential bottoming pattern off the 2.0% level. 
- A stabilisation in oil prices poses significant upside risks to the rate
curve, particularly the long end.
MarketsFixed Income Bullets
MarketsFixed Income 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.