CNH: USD/CNY Fixing Edges Up, Fixing Error Re-Widens
Feb-19 01:18
The USD/CNY fixing printed at 7.1705, versus a BBG market consensus of 7.2810. * The fixing is slig...
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CNH: USD/CNY Fixing & Error Term Steady
Jan-20 01:18
The USD/CNY fix printed at 7.1886, versus a BBG market consensus of 7.3361.
- The fixing and the fixing error remained little changed from end levels last week.
- In the first part of trade today, USD/CNH is a touch lower, last near 7.3360. Session lows rest at 7.3324.
- A phone call between Xi/Trump on Friday has helped yuan sentiment, albeit modestly. The market is looking for any signs of better relations/less tariff risks ahead of Trump's inauguration later today.
CHINA SETS YUAN CENTRAL PARITY AT 7.1886 MON VS 7.1889
Jan-20 01:16
- CHINA SETS YUAN CENTRAL PARITY AT 7.1886 MON VS 7.1889
JAPAN DATA: Japan November Machine Orders +3.4% M/M
Jan-20 01:15
- Japan's core machinery orders, excluding those for power generation equipment and ships, rose 3.4% m/m in November, up from last 2.1% increase, posting the second monthly rise in four months.
- Orders from manufacturing sectors, increased 6.0%, decelerating from the previous 12.5% m/m reading.
- Orders from the non-manufacturing sector, rose 1.2% m/m, offsetting the 1.2% decrease registered last month.
- The outlook for the October-December period is for an increase of 5.7%, compared with the 1.3% decrease over the previous quarter.
