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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 AccessCable has stuck to a tight range, adding 5....>
CABLE: Cable has stuck to a tight range, adding 5 or so pips to last deal at
~$1.3075.
- Weekend news was Brexit-centric. Ex-ForMin Johnson noted his support for PM
May, but doesn't support her Brexit deal, with the PM set to stress that her
plan provides the only viable solution to a borderless Ireland. Elsewhere
Brexiteer Michael Gove has suggested that MPs could undo the Chequers deal
post-Brexit, but noted that the deal was the "right one for now."
- The Times reported that the EU is preparing to accept a frictionless Irish
border, while the FT has reported that Barnier is looking at options to
"de-dramatise" the Irish border situation, this comes in front of an EU meeting
later this week (some press reports have suggested that this meeting will give
Barnier a mandate to get a deal done).
- GBP/USD's bullish picture remains intact above the 50-DMA ($1.2988) with bulls
targeting the 100-DMA ($1.3173) to extend the rally.
- UK CPI & retail sales headline this week, with BoE's Haldane also set to
speak.
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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.