-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Press Digest June 9: Pro-Growth, Yuan, Home Market
The following lists highlights from Chinese press reports on Thursday:
- Local governments must urgently refine and implement pro-growth policies to ensure reasonable economic growth in the second quarter, in the face of still prominent downward pressure, according to a statement on a government website following a State Council executive meeting chaired by Premier Li Keqiang late Wednesday. It is necessary to further expand opening up and stabilising foreign investment and trade to promote employment, the meeting said. The government will study a phased reduction or exemption of port-related charges and faster customs clearance and port efficiency to help stabilise international supply chains, the meeting said.
- The yuan is likely to stay around the 6.68 level against the U.S. dollar by the end of June, compared to Wednesday’s closing price of 6.6830, Yicai.com reported citing its survey of economists. The economists raised their forecast for the yuan-dollar exchange rate by year-end to 6.63 from a previous 6.67 forecast made last month, Yicai said. The yuan remained relatively strong against the yen, euro and pound, though weakening against the dollar recently. Allowing a more flexible yuan will provide room for monetary policy to stabilise economic growth, said Yicai citing Xu Sitao, chief economist at Deloitte China.
- Potential homebuyers remain cautious despite eased rules and lower mortgage interest rates in over 100 cities to prop up the market, the Securities Times reported. The total transaction volume of second-hand housing in first-tier city Shenzhen in the first five months of this year was equivalent to a single month in 2020 when the market thrived, the newspaper said citing an unnamed sales manager. Policies should focus on reducing the cost of the entire supply chain and restoring developers’ credit, given that it is hard to stimulate demand when buyers are afraid of increasing leverage amid uncertain income expectations, the newspaper said citing analysts.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.