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Policy
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessToday's Asia-Pacific session saw a modest.....>
FOREX: Today's Asia-Pacific session saw a modest risk-off tone creep in, with
focus on the Indian-Pakistani tensions & fresh controversies around Chinese tech
giant Huawei. JPY benefited as a result, in contrast to high beta FX. Yen
strength allowed the Nikkei 225 to slide into negative territory, while USD/JPY
sunk back below Y111.00.
- AUD modestly underperformed its G10 peers, even as RBA's Harper told MNI that
he believes the next rate move will be up, if the labour mkt remains strong,
while CNH pared some of its recent gains, with with USD/CNH adding ~125 pips.
- GBP remained atop the G10 pile, after it picked up a bid on the back of a BBG
source report suggesting that UK PM May will allow her ministers to discuss
delaying Brexit during today's Cabinet meeting. This was followed by the Sun's
report stating that May will propose to ministers that she formally takes a
no-deal Brexit off the table.
- Focus today turns to U.S. cons. conf., housing starts & building permits.
Central bank rhetoric will be provided by ECB's Lane, Mersch, Coeure, Visco & de
Cos, BoE's Carney, Ramsden, Vlieghe & Haskel, as well as Fed Chair Powell.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.