MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Sterling on top as BoE warns rates could......>

FOREX
FOREX: Sterling on top as BoE warns rates could rise regardless of Brexit
-GBP rose against all others Thursday, with the BoE quarterly inflation report
the focus of the day. The bank revised near-term GDP and inflation forecasts
lower (although kept longer-term forecasts near-unchanged), warning that rates
could rise even if the UK goes through a disruptive no deal Brexit. GBP/USD
rallied well over a point from the day's lows and heads into the final session
of the week in close proximity to $1.30. USD/JPY traded in a tight range despite
another down-day for equities, failing to ignite any momentum above Y110.
-CAD sat at the bottom of G10 FX, as lower commodities prices pulled the rug
from under commodity-linked FX. WTI and Brent futures fell as much as 4% at some
points of the session, weighed by further concerns surrounding any progress in
China-US trade talks as White House advisor Kudlow warned there is a "pretty
sizeable distance" to go. USD/CAD topped C$1.33 for the first time since Jan25.
-Australia's Statement on Monetary Policy, German trade balance, French
Industrial Production and the Canadian jobs report are the calendar highlights.
Fed's Bullard and Daly are also due to speak.
Energy BulletsCommodities
Energy BulletsCommodities

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.