MNI BRIEF: Economy To Drive Future Rate Hike Path - BOJ's Ueda

MNI BRIEF: BOJ Tweaks Economic Assessment, Notes Some Weakness

MNI BRIEF: RBA Holds, Drops Future Cash Rate Hike Language

MNI: PBOC Drains Net CNY5 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0985 Tues; -4.47% Y/Y

CHINA PBOC INJECTS CNY5 BILLION VIA 7-DAY REVERSE REPOS TUES

UK Timeline of Key Events (All Times in GMT)

Eurozone Timeline of Key Events (Times GMT)

Indonesian Sovereign Debt Steady, BI Rate Decision Wednesday

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

The kiwi took flight Tuesday, landing atop.....>

KIWI
KIWI: The kiwi took flight Tuesday, landing atop the G10 pile. Firmer risk
appetite kept NZD/USD buoyant through most of the day, but the rate pulled back
late doors alongside other risk assets, as a STAT report raised questions about
the credibility of the results of Moderna's latest Covid-19 vaccine trial.
NZD/USD returned below the $0.6100 mark, but still wrapped up on the front foot.
- The rate has extended that pullback into early Asia-Pac trade and last sits -7
pips at $0.6069. A drop below May 15/Apr 23 lows of $0.5921/11 would bring Apr 3
low of $0.5844 into play. Conversely, bulls look for a recoil above May 11 high
of $0.6156, which would return focus to Apr 30 high of $0.6176.
- The main opposition National Party leader Simon Bridges confirmed this morning
that him and his deputy will be challenged for the leadership, possibly as soon
as next week, with Stuff sources noting that the opposing ticket will feature
MPs Todd Muller/Nikki Kaye. This comes after a spectacular slump in support for
Mr Bridges & his party, indicated by a poll released Monday.
- New Zealand reports FPI today, with credit card spending & retail sales coming
up on Thursday & Friday respectively.
MarketsForeign Exchange Bullets
MarketsForeign 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.