Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI 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
EURO-DOLLAR: ECB Draghi dovish comments provided the impetus to take rate
through support at $1.1203 Tuesday, the break of $1.1200 boosted the momentum
before it met support into $1.1180(low $1.1181, May31 low $1.1180). Rate managed
to recover to $1.1210 ahead of NY before the US session moved down for another
look at support, then settled around $1.1195 into the close. Early Asia nudged
rate up to $1.1202 but struggled before it eased back to $1.1187. Rate trades
back above $1.1190 into Europe.
- ECB Draghi acknowledged that additional stimulus will be delivered if outlook
does not improve, noting that rate cuts are part of the ECB's tool box. The
Sintra forum continues with focus on other ECB speakers.
- Trump said Tuesday evening that formal China-US trade talks resume Wednesday.
Asked if he wanted to demote Fed Chair Powell he said let's see what he does.
Main focus is on tonight's FOMC announcement. Most expect no change and look for
a signal for a July cut. Suggestion that if Fed cut at tonight's meeting it
could bring in to play the Fed's independence.
- E5.17bln of options roll off with strikes between $1.1190-1.1210.