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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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Free AccessCurrency Volumes Buoyed, Implied Vols Bid Pre-CPI
- Currency volumes generally inching ahead of average for this time of day, with markets pre-positioning ahead of the US CPI print later today: JPY futures 21% above, GBP 8% above although EUR futures are marginally below average for this point in the session.
- The standout is the AUD futures market, which was uncharacteristically active overnight and through the European morning (cumulative volumes on the CME ~60% higher) as local media continues to speculate over RBA governorship, responds to the RBNZ rate decision and reacts to the China credit release out during Tuesday European hours.
- Overnight implied vols across G10 are bit ahead of the CPI release: EUR/USD has added 8 points to trade at the highest since mid-June, while USD/JPY o/n vols have cleared 17 points ahead of the inflation release.
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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.