CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

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

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

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Metro Manila To Get Rid Of General Curfew

PHP

Spot USD/PHP trades on a firmer footing after probing the water below its 50-DMA yesterday. The rate last sits +0.178 at PHP50.563, with bulls setting their sights on Oct 22 high of PHP50.907, followed by round figure/Sep 27 high of CNH51.000/51.036. Conversely, a fall through the 50-DMA at PHP50.411 would open up the 100-DMA at PHP50.058.

  • USD/PHP 1-month NDF last seen +0.040 at PHP50.700. Topside focus falls on Oct 18 & 19 highs of PHP51.080 and a break here would expose Sep 27 high of PHP51.520. On the flip side, bears look for a dip through the 100-DMA at PHP50.287.
  • Metro Manila Development Authority (MMDA) approved lifting general curfew in the capital region from tomorrow, as officials want to prevent malls from overcrowding ahead of the holiday season.
  • Local data highlights during the remainder of this week include unemployment (Thursday) as well as CPI & trade balance (Friday).
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.