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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Data
-
MNI 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
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- Sterling was able to take some advantage of the general risk on tone in Asia.
- House Speaker Polosi comments that a pre election stimulus deal seen more hopeful after her meeting with Treasury Secretary Mnuchin provided the risk on feel, despite reported counter comments from McConnell.
- Risk linked demand allowed cable to push above Tuesday's high of $1.2979 to $1.2984 in Asia, extending its recovery off the $1.2920/10 area.
- Buoyant tone remains into Europe.
- However, Brexit headline watch remains in play and could make market wary of taking rate back above $1.3000.
- Support remains at $1.2920/10. Resistance into $1.3000, stronger at $1.3025/30.
- Release of UK inflation data did little to dent sterling buoyancy, cable extends recovery to $1.2987 in post data trade.
- MNI Techs: Oct 12 high of 1.3083. Break of Oct12 high is needed to resume the recent uptrend that would open 1.3100 and 1.3210. The latter is the former trendline support drawn off the Mar 20 low. Firm near-term support lies at 1.2863, Oct 14 low. A breach to signal a resumption of bearish pressure.
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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.