MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

CHINA PBOC CONDUCTS CNY66.1 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1358 WEDS VS 7.1334

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

PMIs indicate solid growth; less cost pressures from wage increases

MNI: UK JUL FLASH MANUFACTURING PMI 51.8 (FCST 51.0); JUN 50.9

Germany and France Underperform Wider EZ Again In July Flash PMI

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

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

Market round-up post PMIs

UK
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • 2-year yields are back to where they were around half an hour ago (and only marginally below the moves lower seen from the German PMI data at 8:30BST (in contrast Schatz yields are still around 2bp lower than pre-German data.
  • GBPUSD is pretty much back to the 1.2895 level seen at 7:00BST this morning - from a low of 1.2878 just ahead of the data.
  • Market pricing for August is around 38% probability of a cut while 108bp is priced by August 2025 (around 2.4bp more than at yesterday's close).
88 words

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.
  • 2-year yields are back to where they were around half an hour ago (and only marginally below the moves lower seen from the German PMI data at 8:30BST (in contrast Schatz yields are still around 2bp lower than pre-German data.
  • GBPUSD is pretty much back to the 1.2895 level seen at 7:00BST this morning - from a low of 1.2878 just ahead of the data.
  • Market pricing for August is around 38% probability of a cut while 108bp is priced by August 2025 (around 2.4bp more than at yesterday's close).