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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
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Real-time insight of oil & gas markets
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Data
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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.
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About Us
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Free AccessDollar-Yuan:### POV: USDCNY TO BREAK.......>
CHINA FX: Dollar-Yuan:### POV: USDCNY TO BREAK BELOW 6.20?
-Market sentiment to USDCNY continues to weaken and it could drop below the key
6.20 level if the dollar index (DXY) falls below 87.6
-The PBOC continues its tolerance to the sharp appreciation. Yuan central parity
rate stood at 6.2882 on Wednesday, having surged 2460 pips YTD.
-Strong positive market sentiment on long-term yuan appreciation has not formed
yet. The dollar demand from market players has increased at lower levels.
-The PBOC's stance on liberating the yuan exchange rate is, in the short term,
still ambiguous. It is likely to step in by restarting the counter-cyclical
factor if the trade surplus narrows at a fast pace.
-Expectations of a strong yuan would attract more inflows via both direct
investments and portfolio investments. Some of this could be hot money from the
regulators' perspective and could trigger a reaction.
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.