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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Drains CNY216 Bln via OMO Monday
A tentative risk-on backdrop has.......>
GILT SUMMARY: A tentative risk-on backdrop has Gilts trading fairly flat
following Tuesday`s rally, with PM May`s showdown meeting with Conservative
Party parliamentary colleagues ahead.
- The Dec 18 Gilt future is up 8 ticks at 121.99, having traded in a narrow
range of 121.89-122.07 today.
- Limited curve movement: 2-Yr yield is up 0.4bps at 0.741%, 5-Yr is up 0.4bps
at 1.059%, 10-Yr is up 0.7bps at 1.476%, and 30-Yr is up 0.9bps at 1.878%.
- Short Sterling futures up a tick more or less across the strip.
- FTSE up 0.5% while GBPUSD off 0.2% at 1.2954.
- With a Cabinet meeting Tuesday apparently devolving into open conflict
according to reports and earlier reports of a leadership challenge, PM May will
address the Conservative '1922 Committee' Wednesday.
- Times political editor tweeted last night that May`s transition plan could
last for years, with `Plan A` to involve N Ireland in a separate VAT area.
- Limited data schedule today, UK Finance Loans for Housing out at 0930BST.
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.