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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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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 Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
Core/Semi-core open sharply higher.............>
EGBS: Core/Semi-core open sharply higher underpinned by flight-to-quality bid
following comments from Russia's Medvedev attacking the US in response to latest
US sanctions and the meltdown in the Turkish Lira.
- Markets pares some of the move though as LIRA rallies from lows. German 10-yr
yield is 3.4bp lower at 0.341% vs low of 0.335% with the yield curve flatter.
- BTPs are also under heaving selling pressure, weighed by latest Di Maio
comments on its budget and news that the country will not raise its VAT. 10-yr
Bund/BTP spread is 5.4bp wider at 257.7bps.
- Risk-off bid also underpinned by a FT article pointing to worry at the ECB
over some of the EZ's largest banks' exposures to Turkey.
- Elsewhere French industrial production came in slightly ahead of consensus at
0.6% m/m in June, but that is it for Eurozone data today, so attention likely to
remain on fluctuations in the currency markets and any political comments on
sanctions or trade wars.
- Euribor strip is steeper as white contracts come under heavy selling but blues
rise by 2.5 to 3 ticks
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.