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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: Italy To Overshoot 2024 Fiscal Target - Sources
MNI:Largest Canada New Home Price Dip Since `09 Led By Toronto
Eurodollar/Tsy Option Roundup
- Addressing question over "plausible soft landing" through judicious monetary policy: months of inversion at the front end of Reds (low measure of confidence in forward policy and/or Fed managing a soft landing/avoiding recession) is gradually off lows:
- Red Sep (EDU3) currently trading 96.44 vs. Red Jun (EDM3) at 96.52, -0.080 vs. -0.11 this morning. Levels start to flatten out (dis-invert) around late Blue Dec'25/Mar'26 around 96.985.
- Eurodollar option trade segued from large put position unwinds well ahead of the FOMC, followed by large upside call buying in late trade. Salient trade: paper bought +25,000 Dec 97.00 calls, 29.0 after some +20,000 Blue Jun 97.75 calls, 1.5. In puts, large Block -60,000 Sep 97.50/97.75 put spds, 18.5, hear unwind/taking profit.
- In Treasury options, paper bought over 17,000 TYM 118.5 calls, 48-52 and +10,000 FVM 112.25 calls, 35 vs. 112-06.
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.