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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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Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
MNI BRIEF: Japan Q3 Capex Up Q/Q; GDP Revised Lower
USD/JPY dropped 8 pips overnight and.....>
DOLLAR-YEN: USD/JPY dropped 8 pips overnight and last trades at Y109.73, with
the yen benefitting from risk-off flows, as yesterday's concern re: Sino-U.S.
trade relations carried over into the Asia-Pac session. Risk aversion allowed
the Nikkei 225 to close 2.0% lower.
- Initial bearish attention is drawn to yesterday's low of Y109.61, which
remained intact overnight, and a fall below would allow bears to target the
cloud top at Y109.54. Meanwhile, bullis look for a break above the psychological
Y110.00 level, ahead of yesterday's high/YTD high of Y110.09/16.
- Japanese focus next week turns to domestic GDP due Thursday & industrial
output (f) due Friday, as well as the usual BoJ Rinban ops.
To read the full story
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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.