MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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

Suga May Announce LDP Leadership Reshuffle Monday, Gov't Drafts Plan To Relax Curbs

JPY

USD/JPY traded sideways on Thursday, with both sides of the pair struggling against their other G10 peers amid broader risk-on flows. The rate last operates at Y109.96, barely changed on the day.

  • Bulls need a clearance of Sep 1/Aug 13 highs of Y110.42/46 before targeting Aug 11/Jul 7 highs of Y110.80/82. Bears eye Aug 24 low of Y109.41 for initial support and a break here would expose Aug 16 low of Y109.11.
  • Yomiuri reported that PM Suga is planning to announce a reshuffle of LDP executives on Monday.
  • In a separate report, Yomiuri noted that Japan is drafting a plan to relax Covid-19 restrictions, possibly from Oct/Nov if vaccinations progress at a sufficient pace. The article noted that the government could restart its "Go To Travel" campaign.
  • Japan's final Jibun Bank Services & Composite PMIs are due today. Next week's highlights include earnings/spending data (Tuesday) as well as GDP, BoP current account balance & Eco Watchers Survey (Wednesday).
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.