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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 AccessCurve Steeper On U.S. NFPs, RBA Set To Return To Market
A flat start for futures, operating around their overnight closing levels, leaving YM -0.5 and XM -4.5 at typing. A quick reminder that the overnight curve steepening was driven by spill over from U.S. Tsy price action in the wake of the latest U.S. NFP print. The futures contracts then eased away from overnight lows into the bell, once again on the dynamic observed in the U.S. Tsy space.
- Weekend headline flow was dominated by news that new Australian COVID cases declared on one day topped 100K for the first time.
- On the issuance front, CBA are taking IOIs for 5-Year senior floating and/or fixed rate A$ paper.
- Monday’s local docket will be headlined by building approvals data, with the latest Melbourne Institute inflation readings also due. Also note that the RBA will resume its bond buying operations from today.
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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.