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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.
SONIA
- Seems that the Gilt push lower, has been led by some notable steepening move in the SONIA strip in the past hour, with the likes of SFIH5 losing 8 ticks during that period.
- The Red and Green strip underperforms and SFIH5 now targets 95.09 support, with some desks looking for higher for longer Rate outlook.
- The UK CPI on the open did help on the European open, but Rate futures markets were steady between 08.30 and 12.00BST, with most of the gradual selling starting at 12.43BST
Chart source: MNI/Bloomberg
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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