MNI BRIEF: BOJ: H’hold 5-Yr Inflation At 5% On Higher Prices

MNI BRIEF: China Steel Export Growth Slows In June

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1315 Fri; -1.12% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1315 FRI VS 7.1339

MNI: SWEDEN JUN CPIF +1.3% Y/Y

June CPI Preview – Services Expected To Reverse May Acceleration

Asia Sovs Track US Yields Lower, BI Rate Decision Next Week

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

USD Takes The Lead

FOREX

The greenback has taken the lead in the G10 basket, followed by the yen, as a retreat in e-minis inspired fresh movement across the space. Market activity could be linked to earlier comments from U.S. President Trump surrounding the TikTok-Oracle deal. DXY trades through yesterday's highs as we type, which may have helped pressure EUR, in turn pushing EUR/JPY to fresh multi-week lows.

  • A stronger USD has dragged spot USD/CNH above the CNH6.7500 figure, as the rate has ticked away from its worst levels since 2019.
  • Central bank activity picks up today, with monetary policy decisions from the BoJ, BoE, SARB, Bank Indonesia and Taiwan's CBC. In addition, central bank speaker slate features RBA's Kohler, ECB's Rehn, Muller & de Guindos. On the data front, Australian labour market report, final EZ CPI and U.S. initial jobless claims, housing starts and Philly Fed Survey.
Energy BulletsCommodities
Energy BulletsCommodities

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.