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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: PBOC Net Drains CNY345.9 Bln via OMO Friday
MNI: PBOC Sets Yuan Parity Higher At 7.1942 Fri; -1.48% Y/Y
MNI BRIEF: Japan Oct Core CPI Rises 2.3%, Services Rise
Commons Recess Starts Today, But Still Prospect Of Recall For Brexit Deal
The release of the House of Commons order paper last night, which confirmed that the Leader of the House of Commons will announce that the Christmas recess begins at the conclusion of today's business, saw a flurry of headlines indicating that this may be a hint that a Brexit deal is not in the offing, with MPs being told to return home until after the new year.
- However, the gov't has the ability to ask the Speaker to recall the House in the event of an issue of national importance arising, which a prospective Brexit deal would certainly count as.
- The decision to begin recess this evening may be more of an indication that a deal might take until the weekend to reach, rather than today or tomorrow.
- Leader of the House Jacob Rees-Mogg delivers the adjournment motion in the House today after statements from ministers, and there could be an indication in there of whether the gov't is already preparing for a recall. Health secretary Matt Hancock and Communities secretary Robert Jenrick are both due to deliver statements from 1130GMT, so it could be a little later in the afternoon before Rees-Mogg speaks.
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.