MNI BRIEF: China Limits, Tightens IPO To Boost Listing Quality

MNI BRIEF: China February New Loans, TSF Pull Back Sharply

MNI BRIEF: China To Strengthen Shareholding Reduction Rules

MNI BRIEF: Net MLF Drain Not Sign Of Tight Liquidity - Paper

MNI: PBOC Conducts CNY387 Bln MLF Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0975 Fri; -4.06% Y/Y

MNI: BAKER HUGHES US RIG COUNT 629; OIL RIGS 510; GAS RIGS 116

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

Bond Supply Calendar: EU Synd W/C 18-Mar; SK, BE, BoE APF Ops Mon

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NZD/USD ran out of steam ahead of its.........>

FOREX
FOREX: NZD/USD ran out of steam ahead of its 50-DMA ($0.6598) after stronger
than exp. headline NZ CPI generated a bid. Many attributed the strong headline
to transitory factors & suggested that the RBNZ will be happy to look through
the release. The RBNZ's own sectoral inflation model was unch. at 1.7% Y/Y in
Q3. Rate last deals at its 21-DMA ($0.6568). Bulls look for the level to hold so
that they can focus on a challenge of the session highs & 50-DMA.
- AUD/NZD traded ~65 pips lower at one point, briefly breaching the 200-DMA
(NZ$1.0833), before NZD strength faded. Bulls look for a clean break & close
below the level. The move lower in AUD/NZD limited AUD/USD, which deals unch.
The AUD had no notable reaction to the release of the minutes from the RBA's
most recent MonPol decision, with the Bank's medium term MonPol views remaining
unchanged, and little fresh information apparent in the details of the meeting.
- An uptick in risk sentiment allowed USD/JPY to probe for a clean break above
Y112.00, aided by comments from Japanese FinMin Aso, who stated that the
Japanese & U.S. FX chiefs will discuss currency matters.
- UK jobs numbers, German ZEW survey & U.S. industrial prod are on tap Tuesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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.