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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 AccessMNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
Curve Flattens On Wednesday
TYZ3 deals at 108-13+, +0-03, in line with late NY levels.
- Cash tsys finished 1bp cheaper to 11bp richer across the major benchmarks, the curve twist flattening pivoting on 5s.
- In a muted session data wise on Wednesday TY ticked higher through the session, technical resistance comes in at 108-25 (Nov 3 high).
- Rate cut expectations for 2024 have marginally cooled; FOMC dated OIS now price ~65bps of cuts by Sep 24.
- Cross asset wise; WTI fell ~2.5% amid continuing economic uncertainty and the USD firmed. US Equities were marginally firmer.
- CPI and PPI from China provides the highlight in Asia today, further out we have Initial Jobless Claims and a number of Fedspeakers including Fed Chair Powell.
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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.