MNI BRIEF: Foreign Firms Content In China

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

Unemployment Falls To 11.3% In Q2, Driven By Services

1 and 3-Year Consumer Inflation Expectations Remain Unchanged

MNI: ECB 1-YEAR CONSUMER INFLATION EXPECTATIONS 2.8%

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

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

Narrow Ranges Persist, PMI Holds Steady

MYR

USD/MYR prints at 4.4590/4620, the pair is little changed in early dealing on Tuesday.

  • Narrow ranges have persisted as USD/MYR consolidates above the 20-Day EMA. Rallies have been capped ahead of 4.47, with support seen at 4.45.
  • Bulls can target year to date highs at 4.5317. Bears first look to break the 20-Day EMA (4.4380) to turn the tide.
  • On the wires today we had April S&P Global Manufacturing PMI which printed at 48.8 unchanged from the March read. The measure remains in contractionary territory since breaking below 50 in August 2022.
  • Looking ahead the BNM monetary policy decision is on the wires tomorrow, the Bloomberg survey looks for no change in the Overnight Policy Rate which is expected to be held at 2.75%.
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.