MNI BRIEF: Japan Corp Loan Demand Rises - BOJ Survey

MNI BRIEF: Japan June Exports Rise Despite Slow Auto Shipments

FED'S BARKIN: LOOKING FOR MORE EVIDENCE OF INFLATION'S DECLINE

MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

MNI China Daily Summary: Wednesday, July 17

MNI China Press Digest July 17:  Investment, LPR, H2 Priority

MNI: JAPAN JUNE EXPORTS +5.4% Y/Y; MAY +13.5%

US Treasury Auction Calendar

Broad-based Softening In June Underlying Inflation Metrics

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 In G-10, BOJ On Tap

FOREX

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

  • Yen is a touch firmer, sitting below the ¥134 handle. Tokyo CPI was fimer than expected, core CPI printed 3.5% Y/Y vs 3.2% exp Y/Y. The jobless rate ticked higher to 2.8% from 2.6% a fall to 2.5% had been expected. Retail Sales and Industrial Production were also firmer than forecast.
  • AUD/USD is consolidating yesterday's gain in a narrow $0.6620/35 range. Resistance comes in at $0.6689, 20-Day EMA, and support is seen at $0.6591 low Apr 26.
  • Kiwi is little changed, a narrow 10 pip range has been observed thus far.
  • Cross asset wise; US Equity futures are a touch lower, E-minis are down ~0.2%. US Treasury Yields are little changed across the curve.
  • The latest BOJ monetary policy decision headlines today. There are no major changes expected in policy parameters today, the outlook/guidance will be in focus as will whether the central bank announces a review of its longer term performance and policy settings. The MNI preview is here.
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.