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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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Free AccessEnergy Prices Likely To Be Subsidised
The Australian is reporting that the Federal government cabinet will finalise policies to help with rising power prices ahead of next Wednesday’s national cabinet meeting. It is expected that the government will attempt to lower costs through temporary energy price subsidies, as other options are too distortionary. Also, Shell is scheduled to announce a 6-year agreement today to provide more gas supplies to the east coast. Increasing supplies of energy was mentioned by RBA Governor Lowe yesterday as important in fighting inflation. (The Australian)
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.