MNI China Press Digest Mar 22: Autos, Local Gov, Real-Estate

MNI: PBOC Drains Net CNY11 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1004 Fri; -4.29% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1004 FRI VS 7.0942

MNI: BANXICO CUTS TARGET RATE BY 25 BPS TO 11%

Indon Sov Debt Yields Steady,Foreign Investors Continue to Sell Bonds

Japan Feb Core CPI +2.8% Y/Y; Energy Price Dip Further

MNI: UK MAR GFK CONSUMER CONFIDENCE INDEX -21

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

RUB Brushes off Belarus Issues, Brent Back Above $68/bbl

RUSSIA
  • USD/RUB opens lower on the back of firmer global risk sentiment and a softer USD, consolidating a break below 73.40 support.
  • RUB has seemingly brushed off international sanctions pressure on Belarus, to focus on playing catch-up to a third straight day of stronger oil markets.
  • Iran talks resume this week, but the lifting of sanctions is not 100% clear at this point, curbing expectations for an uptick in supply.
  • Although Russia showed support for Belarus, analysts note that Lukashenko may become a thorn in Russia's side amid a thawing of geopolitical tensions with the US.
  • Sell-side notes the first portion of RUB dividends are due to come late May-early June, which may weigh on RUB into month-end.
  • The move below 73.40, supported by USD weakness, opens up 73.00 support.
  • Intraday Sup1: 73.1718, Sup2: 72.9634, Res1: 73.4212, Res2: 73.5483
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Markets NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Markets 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.