Free Trial

Risk-Positive Flows Extend A Little


The latest round of Chinese property easing measures (the city of Hangzhou loosened requirements for second homes purchases) and confirmation that Hong Kong will press ahead with its planned easing of COVID-related curbs seems to be allowing the earlier risk-positive flows (which surrounded the COVID situation in Shanghai) to extend. That leaves e-minis 0.3-0.7% higher, while the Hang Seng leads gains in the Asia-Pac equity space (adding over 1.5% early on). U.S. Tsys are still 1-2bp cheaper on the day. FX trade sees the AUD atop the G10 FX table, while the JPY finds itself at the other end of the rankings.

MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.