MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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

Yen Marginally Firmer In Early Dealing

FOREX

The Yen is marginally firmer in early dealing on Friday, USD/JPY is down ~0.2%. Elsewhere in the G-10 space ranges have been narrow and moves have been limited.

  • USD/JPY prints at ¥143.80/90, we remain well within the recent range. Support comes in at ¥142.73 the 20-Day EMA. On the wires this morning Labour Cash Earning rose more than expected in May, printing at 2.5% Y/Y vs 1.2% exp.
  • AUD is little changed from opening levels, AUD/USD has dealt in a narrow ~10 pip range.
  • Kiwi is a touch firmer, NZD/USD has marginally pared some of yesterday's losses.
  • Cross asset wise; US Equity futures are down ~0.1% and Japanese equities are pressured with the Nikkei down ~1%. US Tsy Yields are little changed from opening levels.
  • There is a thin docket in Asia. Further out we have German Industrial Production before the June NFP print which provides the highlight of the session.
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.