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Global Macro
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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 China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
Cheaper Start, Docket Empty On Wednesday
ACGB's have opened dealing 2-6bps cheaper across the major benchmarks, the curve has bear flattened. This comes as Global Core FI cheapening spills over, US Tsys were pressured yesterday as were Gilts.
- FOMC rate cut expectations were wound back overnight as todays meeting comes into view. Stronger than expected UK jobs and wages data saw the biggest sell off in Gilts in 8 months.
- Futures have opened lower, XM is down 0.031 and YM is down 0.07. Swap rates are 3-8bps firmer across the curve.
- RBA dated OIS price a terminal rate of 4.49% in December.
- The domestic data docket is empty today.
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.