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Why MNI
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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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Challenging 108.00 psychological support
- Gilt futures are now challenging the 108.00 psychological support level, hitting a low of 107.85 in the immediate aftermath of the beat for Eurozone CPI.- Next support below here is at 107.36, the 1.00 projection of the Aug 22 - 24 - 26 price swing.
- As we noted earlier (see here), the ONS decision on treating the energy support scheme as a fiscal transfer rather than lower prices has weighed on gilts today, with 2y and 10y gilt yields both over 10bp higher on the day (against 3bp moves for Schatz and 10y Bund yields).
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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.