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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
Announcement Expected on Fuel Prices
- Finance Minister Godongwana this morning outlined a possible plan for the government to act against the recent increase in fuel prices, with Treasury officials meeting energy department officials to run through the proposals. No specifics were given, but the discussions come ahead of the expiration of a temporary fuel subsidy that runs off at the end of tomorrow.
- The focus on energy prices continues in local press – eNCA cites forecasts that petrol will reach R25/litre this week – the sharpest increase on record. The piece flags that a policy tool could involve the deregulation of petrol prices, allowing individual forecourts to set their own prices.
- Moneyweb flags that just three power stations (Tutuka, Kendal and Duvha) were responsible for near half of all Eskom breakdowns across March this year. Should these three plants be shored up and repaired, Eskom could plug current energy shortfalls suffered during the evening peak.
- Monthly budget balance data crosses later today, but more focus will be paid to the trade balance data tomorrow and Manufacturing PMI on Wednesday.
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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.