MNI BRIEF: BOJ's FY26 Inflation View Flat; Upside Risk To FY24, 25 Prices

BOJ SEES BIGGER UPSIDE RISKS TO PRICES IN FY2024, 2025

BOJ SEES FY24 REAL GDP +0.6% VS. APR +0.8%

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

MNI BRIEF: China July PMI Contracts For Third Straight Month

Asia Sov Curve Twist-Flatten, Indonesian CPI Tomorrow

Japan Jun Retail Sales +3.7% Y/Y

Japan Jun Ind. Output -3.6% M/M; First Fall In 2 Mths

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

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

Stocks Slide as Markets Watch For Next Steps in Ukraine

EQUITIES
  • The negative close on Wall Street Friday has fed directly into the Monday open in Europe, with continental indices uniformly in negative territory. France's CAC-40 sits worst off, dropping around 3.75%, while the FTSE-100 fares slightly better, but still sits lower by near 2%.
  • Europe's tech, financials and consumer discretionary names are hit the hardest, mimicking the breakdown seen at the Wall Street close on Friday.
  • Markets are lower this morning as tensions between the West and Russia ratchet higher still. US intelligence on Friday suggested Russia could be mounting an invasion as soon as Wednesday, making the German Chancellor's meeting with Putin due tomorrow all the more important. Airlines and travel, firms including Wizz Air and TUI AG are among the day's worst performers, both of which are lower by as much as 9%.
  • For the e-mini S&P, losses through the 200-dma on Friday have accelerated weakness this morning, putting the index at the lowest levels since January. Key support undercuts at 4363.25/4266.25 ahead of the YTD lows of 4212.75.
Homepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsAT&T Market NewsBank of America Market News
Homepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsAT&T Market NewsBank of America Market News

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.