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Why MNI
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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
1 Month USD/KRW Eyeing Test Of Wednesday Session Lows
1 month USD/KRW is making fresh lows for the session, last close to 1285.5. We aren't too far away from Wednesday session lows, under 1284. A break through here could leave the market targeting the 50-day MA, which comes in at 1274.35.
- Won moves are being dictated by broader USD sentiment, with USD losses continuing., the BBDXY now off by 0.30%. A weaker USD/JPY trend, back to 130.70/75, -0.50% for the session, will be helping the won.
- In the equity space, the Kospi is up from earlier lows, back around flat, aided by the firming in US equity futures. Offshore investors are still modest sellers of local equities (-$34.1mn so far today).
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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.