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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US CPI Preview: Setting The Tone For 2025
MNI ASIA MARKETS OPEN: NY Fed Inflation Expectations Gaining
MNI ASIA MARKETS ANALYSIS: Tsy Ylds Drift Higher Ahead CPI/PPI
Cable: Asia open $1.3134, range....>
STERLING SUMMARY: Cable: Asia open $1.3134, range $1.3122-37. Europe open
$1.3131, range $1.3110-86.
* Eur/Gbp: Asia open Gbp0.8955, range Gbp0.89525-0.8961. Europe open Gbp0.8954,
range Gbp0.8922-0.89735.
* Sterling remained under pressure in early Europe, following Tuesday's second
rejection from $1.3227.
* Position adjustments ahead of today's UK Q3 GDP release saw cable pressed
through Tuesday's low of $1.3114 to $1.3110.
* Eur/Gbp edged up to retest Tuesday's high of Gbp0.89735 before it eased off to
Gbp0.8950/60 ahead of data.
* UK GDP came in above forecast at 0.4%QQ(forecast 0.3%) and spiked cable up to
an eventual high of $1.3186.
* Eur/Gbp dropped back to Gbp0.8922 but sterling was just off best levels late
morning.
* This last hard UK data ahead of next week's BOE MPC supports widely held view
for a 25bp hike.
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.