CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Sukuzi Comments In Focus Ahead Of Yellen Meeting

JPY

JPY has been aided by comments from Japan Finance Minister Suzuki, which appeared to nudge higher concern around the yen. Risk off flows are also benefiting the yen.

  • Specifically, Suzuki noted the sudden weakening in the yen and feeling concerned. This latter comment around 'concern' appears an uptick in terms of language used around the yen.
  • Other comments in terms of ‘will take appropriate steps if necessary on FX’ is line with what has been said previously.
  • Note Suzuki is scheduled to meet US Treasury Secretary Yellen later today. FX may form part of the discussion.
  • USD/JPY is around 0.25% below NY closing levels. Last at 137.10. We got close to the 137.00 level earlier. Yen is generally outperforming today, as risk off flows dominate.
Homepagemarkets-real-timeAT&T Market NewsBank of America Market NewsBulletMarketsForeign Exchange Bullets
Homepagemarkets-real-timeAT&T Market NewsBank of America 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.