Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
CABLE: Cable advanced trough yesterday's London & NY sessions, after holding
steady in the Asia-Pac hours, but erased most of its gains in the wake of the
post-FOMC press conference with Fed Chair Powell.
- The upside move was accelerated by the fact that PM May refused to rule out
the UK entering some kind of customs union with the EU post-Brexit. However, the
slid back below $1.3100, as Powell reiterated the Fed's neutral stance, played
down slowing inflation, and said that downside risks moderated, even as the FOMC
delivered a "technical" 5bp cut to its IOER.
- GBP/USD trades flattish at $1.3053. Bulls look to $1.3100, which represents
the upper 1.0% 10-DMA envelope. Bears eye the 21-DMA at $1.3016.
- Focus turns to the monetary policy decision from the BoE, as well as the
accompanying press conference with BoE Gov Carney & the Bank's inflation report,
due later today. UK construction & services PMI figures come out today &
tomorrow respectively. Today's UK local elections will be watched as an
indicator of voter support for PM May's handling of Brexit, with the Tory party
expected to suffer electoral damages.