MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

Koruna Edges Higher Amid Thin Local Headline Flow

CZK

EUR/CZK is under light pressure, with domestic headline flow offering little to move the needle for the koruna. The pair has ticked away from recent cyclical highs (25.519) and last deals -0.013 at 25.379, with bears looking for a move through Jan 2 high of 24.867. On the flip side, bulls see Mar 2 high of 25.936.

  • CNB Deputy Governor Eva Zamrazilova and Advisor to the Bank Board Janis Aliapulios warned against joining the ERM II before political consensus forms around the adoption of the euro. They wrote in Bankovnictví that any such hasty decision would create unnecessary risks related to the conditions for entry into the ERM II and staying within the mechanism. The officials argue that if Czechia was to adopt the euro, it would be better to first build political and social agreement around the idea and prepare the economy for the transition, before taking any concrete actions.
  • CZGB yields have reduced earlier gains, while the PX Index sits 0.5% higher this morning.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.