MNI China Daily Summary: Wednesday, July 31

MNI BRIEF: BOJ To Raise Further, No Clues on Timing - Ueda

MNI BRIEF: BOJ's FY26 Inflation View Flat; Upside Risk To FY24, 25 Prices

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

MNI BRIEF: China July PMI Contracts For Third Straight Month

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

Flash Inflation In-Line With Tracking; Services Softens But Only Slightly

MNI: EUROZONE JUL FLASH HICP +2.6% Y/Y

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

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

Nothing To See Here

FOREX

The greenback is slightly stronger on the session, essentially unchanged from this time yesterday as markets tread water ahead of US CPI data and speech from US President Biden tomorrow. Some light risk aversion evident as Israel's IDF says more rockets are being fired at Tel Aviv with an emergency UN council scheduled tomorrow.

  • News flow has been light with limited regional data; AUD and NZD both lower with NZD bearing the brunt of the selling so far down around 3 pips and 10 pips, respectively.
  • JPY is softer, USD/JPY up around 13 pips. Thursday's BoP current account balance & Eco Watchers Survey headline the local docket during the remainder of this week.
  • CNH has gained, USD/CNH down around 22 pips at 6.4266, still some way off this week's lows of 6.4041. Markets look ahead to FDI data which could hit during the session today.
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.