Free Trial

Quiet Amid Regional Market Closures & Japanese Equity Trading Halt

FOREX

The Asia-Pac session has been off to a quiet start, as China, Hong Kong, Taiwan and South Korea are off for holidays through the rest of the week, while an equity trading halt in Japan further limited market flows. G10 pairs have held particularly tight ranges, with JPY underperforming at the margin into the Tokyo fix. NZD and CAD have led commodity-tied currencies just a tad higher, amid upticks in all three main e-mini indices.

  • On today's docket: a flurry of manufacturing PMIs from across the globe, U.S. initial jobless claims and personal income/spending, Canadian building approvals, EZ unemployment and comments from Fed's Williams & Bowman, BoE's Haldane, ECB's Lane & de Cos.

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.