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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
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Free AccessMNI China Daily Summary: Friday, February 2
MNI BRIEF: China Likely To Grow By 5% In 2024 - Advisor
*Dec14 cable open $1.3420, range...>
STERLING SUMMARY: *Dec14 cable open $1.3420, range $1.3398 to $1.3449. Eur/Gbp
open Gbp0.8822, range Gbp0.87985-0.8825
*Cable opened in Asia toward the upper side of yesterday's $1.3313 to $1.3428
range, where broad-based dollar weakness was the theme amid softer US inflation
data and a perceived dovish Fed hike. Eur/Gbp opened in Asia broadly unchanged
from yesterday's open after holding a Gbp0.8783-0.8836 range
*News that PM May had lost a key Brexit vote in parliament late Wednesday, after
a group of her own MPs rebelled against the party line, pushed the pound down
from $1.3420 to $1.3398. The move proved fleeting, with cable quickly returning
to near $1.3420 and extending the move to $1.3428
*Cable then spiked higher from mid-$1.3420's to $1.3449, traders put the move
down to Eur/Gbp supply and for the balance of the session the pair held a
$1.3430 to $1.3444 range
*After consolidating around Gbp0.8820, a one-off order hit the market driving
the rate down to Gbp0.8798, recoveries were then held to Gbp0.8810
*UK Retail Sales and BoE provide the event risks for the session ahead
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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.