ISRAEL: Netanyahu - Military Operation Will Continue Until Threat Removed

Jun-13 01:25

Headlines have crossed from Israel Prime Minister Netanyahu, who spoke about the military strikes being carried out on Iran. 

  • Netanyahu said that this was a decisive moment in Israel's history, and added the military operation will continue for as many days as it takes to remove the threat. It is targeting Iran's nuclear infrastructure, ballistic missile factories and military capabilities (per RTRS/BBG).  
  • It is also targeted Iran's main enrichment facility in Natanz, along with nuclear scientists working on the nuclear bomb program, Netanyahu added.
  • Below is a quite via BBG:
  • "“We struck at the heart of Iran’s nuclear enrichment program. We struck at the heart of Iran’s nuclear weaponization program. We targeted Iran’s main enrichment facility in Natanz. We targeted Iran’s leading nuclear scientists working on the nuclear bomb. We also struck at Iran’s ballistic missile program,” Netanyahu says in televised statement."
  • Earlier remarks from US Secretary of State Rubio stated that Israel took unilateral action against Iran and that the US was not involved in the strikes. Rubio stated that Iran should not target US interests or personnel in the region (per BBG). 

Historical bullets

CNH: USD/CNY Fixing Down Further, But Error Term Positive

May-14 01:23

The USD/CNY fix printed at 7.1956, against a Bloomberg market consensus of 7.1842.

  • This result delivered a positive fixing surprise of +114pips. This is the first such surprise since Nov 2024, although the last time we were above +100pips on this metric was in 2022.
  • The fixing estimate fell sharply versus yesterday's outcome, with broader USD sentiment softening post Monday's gains. The actual fix was the lowest since Apr 3.
  • USD/CNH hasn't reacted much to the fixing outcome, holding near 7.1950 in latest dealings, down slightly for the session. 

MNI: CHINA PBOC CONDUCTS CNY92 BLN VIA 7-DAY REVERSE REPO WEDS

May-14 01:22
  • CHINA PBOC CONDUCTS CNY92 BLN VIA 7-DAY REVERSE REPO WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1956 WEDS VS 7.1991

May-14 01:15
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