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Global Macro
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Early bid in the Pound
- Not too clear on this early Sterling bid, now at best levels versus EUR, USD, and JPY.
- USD is also better bid despite the relentless Risk On tone.
- Higher US yields likely helping.
- Nonetheless, zooming out in the chart, moves are really limited and within past ranges.
- Estoxx (VGU1) makes another session high, while Mini S&P is near the all time high printed yesterday at 4542.25, now at 4536.5
- Cable resistance moves down to 1.3775, followed by 1.3808 High Aug 31
- USDJPY test immediate resistance at 110.27/46 High Aug 27 / High Aug 13, on the back of Risk on and higher US yields
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.