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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 POLITICAL RISK - Trump Rounds Out Cabinet Nominations
MNI POLITICAL RISK ANALYSIS - Week Ahead 25 Nov-1 Dec
Asia-Pac FX spirals as regional....>
EMERGING MARKETS: Asia-Pac FX spirals as regional tensions, US-China spat
escalates
-Currencies exposed to global trade took a decent knock Friday, as Trump's
tariff escalation against China took the shine out of CNY, which appeared to
take markets offside as USD/CNY was bid up to 6.95. Today's rally will likely
prompt further speculation over whether the pair will cross over 7.00 in the
near future, a notion that had been continually factored out of market prices in
recent months.
-KRW fell alongside CNY, falling alongside domestic equities as traders eyed the
heightened tensions with Japan. South Korea issued a formal warning against
Japan overnight after Tokyo removed the country from a 'white list' of trusted
export destinations. USD/KRW closed at multi-year highs of 1,197, the highest
level since early 2017.
-The US jobs report will take focus this afternoon, with minutes also due from
both the Chilean and Colombian central banks.
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.