CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

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

Muted Start Across G-10 FX

FOREX

There has been a muted start across G-10 FX on Tuesday, ranges have been narrow with little follow through on moves.

  • AUD/USD is dealing at the $0.67 handle this morning. March Household Spending rose 8.0% up from a fall of -0.1% in February. Bulls target a break of the 50-Day EMA ($0.6736), on the downside support is seen at $0.6620 the low from April 10.
  • Yen is a touch firmer, US Treasury Yields are softer seeing USD/JPY marginally pare some of Mondays gains. USD/JPY prints at ¥134.30/40 ~0.1% softer today.
  • Kiwi is little changed from yesterday's closing levels. NZD/USD has been operating in a narrow 10 pip range with little follow through on moves.
  • Cross asset flows are also muted; e-minis are little changed this morning and 2 Year US Treasury Yields are down ~2bps.
  • The RBA minutes and China's Q1 GDP and monthly activity indicators headline in Asia. Further out we have UK Unemployment, German ZEW Survey and Canadian CPI.
Energy BulletsCommodities
Energy BulletsCommodities

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.