-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessRegional Data Supports Antipodeans, USD Extends Losses
The Antipodeans firmed up in thin pre-LNY trade, with little of note in the way of fresh headline catalysts. AUD was aided by the improvement in NAB Business Confidence, while NZD caught a bid after the RBNZ released its inflation expectations, which recovered to levels last seen before the onset of the Covid-19 pandemic. NZD/USD rallied to its best levels in a month, looking past the reinstatement of LVR restrictions by the RBNZ & FinMin Roberson's 2021 Budget Policy Statement.
- Commodity FX space drew further support from better crude oil prices, as Brent consolidated above the $60 level. That being said, CAD moved out of sync with its high-beta peers and landed near the bottom of the G10 scoreboard.
- USD underperformed amid continued optimism surrounding U.S. fiscal matters. The DXY approached its 50-DMA but failed to test the level as of yet.
- JPY traded on a slightly firmer footing, even as a contact flagged USD/JPY demand out of Tokyo ahead of the open. USD/JPY extended its recent losses and sank below the Y105.00 mark.
- The PBOC fixed USD/CNY at 6.4533, around 10 pips above sell side estimates, PBOC injected a net CNY 30bn. Offshore yuan has continued to gain in Asia on Tuesday after the PBOC helped reassure markets saying its policies would remain stable yet flexible in its quarterly monetary policy report.
- Focus turns to German trade balance, Italian industrial output as well as comments from ECB's Visco & Lane and Fed's Bullard.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.