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

USD/CNH has moved higher amid reports....>

CHINA YUAN
CHINA YUAN: USD/CNH has moved higher amid reports noting that Nasdaq will change
listing rules in a way that would limit the ability of Chinese companies to list
on the exchange. Per BBG, the new rules will require companies to raise $25mn in
their IPO or a quarter of their post-listing mkt capitalization.
- Worth reminding yesterday's comments from Chinese Pres Xi to the WHO's
governing body. China's leader promised to make any Covid-19 vaccine developed
in China a "global public good" and pledged to dedicate $2bn over two years for
fighting the coronavirus pandemic.
- USD/CNH last deals +49 pips at CNH7.1236. A rally above May 18 high of
CNH7.1448 would give bulls a green light for targeting May 4 high of CNH7.1561.
Conversely, a fall through the 50-DMA at CNH7.0894 is needed to open up
CNH7.0812, the low of May 8.
- The PBoC will announce its monthly LPR fixing tomorrow.
MarketsFixed Income BulletsForeign Exchange Bullets
MarketsFixed Income BulletsForeign 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.