RUSSIA: Kremlin Pushes Back On Trump's 'Paper Tiger' Claims
Sep-24 08:12
Speaking to Radio RBC, Kremlin spox Dmitry Peskov says that Russia's armed forces are not a "paper t...
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MNI: GERMANY AUG IFO BUSINESS CLIMATE INDEX 89
Aug-25 08:00
- MNI: GERMANY AUG IFO BUSINESS CLIMATE INDEX 89
MNI EXCLUSIVE: China's equity market and economic impacts
Aug-25 07:54
- Advisors and analysts share their outlook on China's equity market and its economic impact.
- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
FOREX: Limited moves in G10 FX ahead of the IFO
Aug-25 07:48
- There is still very limited movement on this UK bank holiday Monday with the biggest mover in the G10 space AUDJPY (versus the USD the all G10 currencies are within 0.3% of Friday's close).
- The main scheduled event of the day will be the release of the German IFO survey at 9:00BST while we will hear from the Fed's Logan but not until 20:15BST (and it is unclear whether she will speak on monetary policy).
- It will be the second half of the week that we will see the main economic releases of the week with the second estimate of US Q2 GDP due Thursday. Friday will be a very busy data day with Tokyo CPI and flash HICP releases from France, Spain, Italy and Germany as well as July PCE from the US and Q2 GDP from Canada.
- Outside of G10 FX, USDCNH has seen more notable moves with the USDCNY fixing at the lowest level since early November and our Asia team noting that CNH was also helped by China property related equities have been buoyed on headlines of easing Shanghai home buying curbs. See our technical analysts' views above as the cross approaches key support.
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