MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

BoE Data Watch

BoJ Data Watch

Fed Data Watch

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

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

Philippines Bars Arrivals From Indonesia

PHP

Spot USD/PHP has lost some altitude and last sits -0.060 at PHP50.245. Bears look for a dip through Jul 13 low of PHP49.940, which would bring Jul 2 low of PHP49.085 into play. Conversely, a break above Jul 14 cycle high of PHP50.320 would turn focus to Jun 15, 2020 high of PHP50.380.

  • USD/PHP 1-month NDF last +0.030 at PHP50.440. Initial topside focus falls on Jul 12 high of PHP50.740, while Jul 13 low of PHP50.100 provides the initial downside target.
  • The Philippines banned entry of travellers from Indonesia between Jul 16 and Jul 31 and said that those who are in transit will be subject to a 14-day facility-based quarantine. Indonesia has become the main hot spot of Covid-19 in Asia, after its daily case count surpassed that of India this week.
  • Philippine overall BoP may be released in the coming days, but there is no fixed time.
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.