Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI Research
- About Us
CHINA YUAN: USDCNH is now up on the day after the pair recovers early losses
which saw the pair hit as low as 6.7651. A break above Friday's high at 6.7948
would reignite upside momentum.
- The Axios headline regarding a potential trade meeting next month between Xi
and Trump underpinned yuan strength in early trading but strength proved
fleeting even as stocks have maintained their strength.
- The euity rally has failed to prevent a resumption of the downtrend in Chinese
interest rate swaps, which in part explain the yuan's failure to cling to gains.