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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
BOK Governor Lee Ju-yeol added to the....>
KOREAN WON: BOK Governor Lee Ju-yeol added to the won`s headwinds today,
commenting that it is hard to be optimistic on the Korean economy, which may
further dampen rate hike expectations in the run up to the rate meeting on May
24.
- Korean swaps are pricing in 37bps of hikes over the next 12 months and 57bps
over the next 2 years, which is already less hawkish than the US rate markets.
- While the won has remained resilient against the dollar in the face of
widening yield spreads in the greenback`s favour, pressure is mounting, and we
see a potential double-digit sell-off for the KRW over the coming months.
To read the full story
Sign up now for free trial access to this content.
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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.