MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Paring Early Losses

NZD

NZD/USD prints at $0.5975/80, the pair is ~0.2% below Friday's closing levels.

  • Kiwi has pared early losses of as much as 0.5% as geopolitical tensions in the middle east weighed on risk sentiment.
  • Support was found ahead of the 20-Day EMA ($0.5928) and losses have been pared.
  • AUD/NZD sits a touch lower, the cross printed its lowest level since late May in thin liquidity this morning and last prints at $1.0645/50.
  • BNZ Job Ads Index fell 2.3% M/M in September, the bank noted that the difficulty in finding staff has eased saying "high rates of net inward migration are no doubt instrumental in this".
  • A thin docket leaves wider swings in risk sentiment as the main driver in NZD with the market firmly focused on any further development in the Hamas/Israel conflict.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.