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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.
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Free AccessMNI US MARKETS ANALYSIS - EUR Vols Surge Ahead of US CPI
MNI China Daily Summary: Wednesday, December 11
1 Month USD/KRW Edges Lower On Better Tech Equity Sentiment
1 month USD/KRW pulled back from session highs late in Monday NY trade. From around 1319 we closed near 1314.75, little change from end levels last week. Note onshore spot ended yesterday at 1316.45.
- For 1 month USD/KRW, recent highs rest near 1325, while lows from last week came in near 1302.6.
- Better equity tech trends helped won sentiment through the US session on Monday. The SOX surged 3.4% to fresh YTD highs, while the MSCI IT gained 0.44%.
- US real yields were steady on Monday, but the nominal 10yr finished off intra-day highs, as US data showed inflation expectations slowed to 3.36% for the year ahead (from 3.57%). This likely aided sentiment in the tech equity space.
- For South Korea, the local data calendar is empty today but contains trade prices early tomorrow.
- Late yesterday it was announced that 2024 bond issuance would be marginally front loaded, with 55-60% to take place in H1 (see this BBG link).
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Why MNI
MNI is the leading provider
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