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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Chile Day 2024 Event Begins In Toronto (1700BST/1200ET)
- The Chilean peso gained against the dollar again yesterday, as copper prices rose again on the back of supply concerns and optimism about Chinese demand. Analysts expect the currency to remain closely tied to copper, which in BBVA’s view means the peso will be highly volatile ahead.
- From a technical perspective, a bear trend in USDCLP remains intact, with attention on 886.96, the 76.4% retracement of the Dec 1 ‘23 - Feb 26 bull leg. A clear break of this level would open 870.45, the Dec 29 ‘23 low. Initial key short-term resistance has been defined at 916.46, the 20-day EMA.
- No macro data are due today, but the annual Chile Day 2024 event will kick off in Toronto from 1700BST(1200ET) to be followed by meetings in New York later this week, attended by Finance Minister Marcel and BCCh Governor Costa.
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.