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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
A subdued start to the week in the precious....>
GOLD: A subdued start to the week in the precious metal with the price grinding
off its Asian low ($1266.15) in the European morning.
The arrival of NY witnessed YEN and AUD demand, the yellow metal followed suit
printing fresh session highs of $1273.24 before fading as US Tsys yields firmed.
- Bullion received a small lift in a very dull session, as the price spiked to
fresh session highs of $1274.42 before fading.
- As oil spiked and the US dollar dropped bullion followed suit, with the
precious metal jumping to session highs of $1283.04. The move was in reaction to
reports of enemies within the Saudi royal family over corruption probe.
-Gold had very little pullback towards the NY close with the rate staying above
$1280.00.
To read the full story
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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.