MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

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

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

Safe Haven Bid Returns

JPY

A degree of risk aversion has lent support to the yen in early Tokyo trade, with weekend headline flow offering little to soothe the nerves frayed by the ongoing geopolitical crisis in eastern Europe. USD/JPY has shed 11 pips thus far and changes hands at Y114.89.

  • Bears would be pleased by a dip through Feb 18 low of Y114.79, which would clear the way to Feb 2 low of Y114.16. Conversely, gains past Feb 10/Jan 4 highs of Y116.34/35 would signal a resumption of an uptrend.
  • Asahi reported that PM Kishida is planning to discuss the situation in Ukraine with U.S. President Biden today. The leaders are expected to exchange views on their joint response in case of a Russian attack on its Western neighbour.
  • Japanese flash PMI data will hit the wires later today, with Tokyo CPI coming up Friday.
HomepageBank of Japan (BOJ) Market NewsBulletMarketsForeign Exchange Bullets

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.