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Policy
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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
April Trade Balance Expected At 1600BST
- On the data front, the trade deficit is expected to come in at $957 million in April, compared with a $687 million deficit the month before (1600BST/1100ET). Imports are expected to pick up to $5.664bn, from $4.757bn in March.
- April Imports CIF Total, est. $5.66b, prior $4.76b
- April Trade Balance, est. -$957.2m, prior -$686.6m
- Meanwhile, Congress is due to discuss the debt ceiling today. The congressional period is due to end today and as reported yesterday, Public Credit Director Jose Roberto Acosta has said that the government could cease debt payments in September or October if congress doesn’t approve the increase in the ceiling by $17.6bn. He added, however, that he thought such an outcome would be unlikely.
- In other news, inflation adjusted existing home sales prices rose by 4.7% y/y in the three months ended March, according to Bloomberg calculations. Real house prices recorded the third consecutive quarterly gain and accelerated for a fifth quarter running.
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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.