TEST FROM BANK OF CANADA, PLEASE IGNORE

MNI BRIEF: US Existing Home Sales Fall 5.4% To 3.89M In June

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

MNI: PBOC Net Drains CNY408.7 Bln Via OMO Tues

MNI: PBOC Sets Yuan Parity Lower At 7.1334 Tues; -1.30% Y/Y

EZ/UK T-Bill Calendar: 26-Week GTB Auction on Wednesday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Wednesday

MNI: US NAR: JUN EXISTING HOME SALES 3.89M SAAR

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

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

NZD Bottom Of The G10 Pile

FOREX

The greenback slightly higher in early Asia trade on Friday, but still within Friday's range.

  • Antipodean pairs under pressure, AUD/USD down 6 pips as markets contemplate the lockdown in Victoria. Losses tempered by gains in iron ore after China announced output cuts on a pollution crackdown.
  • NZD/USD down 14 pips, data earlier showed NZ ANZ Consumer Confidence Index for May at 114.0 from 115.4 previously. RBNZ Gov. Orr spoke and was positive on the outlook, saying downside risks to the economy have lessened.
  • USD/JPY is 8 pips higher; Japan will extend its State of Emergency in Tokyo and other areas through to June 20, just five weeks before the Olympics is due to start. Data showed the jobless rate rose 0.2ppts to 2.8%, above estimates, while Tokyo CPI fell less than expected the headline print at -0.4% Y/Y against consensus -0.5%.
  • Offshore yuan is weaker, the US Senate advanced legislation aimed at countering increasing Chinese competitiveness.
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.