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Why MNI
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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 AccessFRA Spreads Widen in 3-9M Part of the Curve, Despite Hawkish Comments
- USD/RUB paring early upside following a relatively hawkish CBR presser
- rejects the 7.90 handle.
- Cautious tone over price uncertainties and whether any room for easing remains
- Easing space will remains a function of how transitory 1Q21 price pressures end up being
- Pressure from international organisations will likely persist once the temporary spike subsides (aided by recent RUB strength) but most will still see some space for easing
- RUB FRA 3x6 - Mosprime spreads widened 2bp today to 19.5bp
- RUB FRA 6x9 - Mosprime spreads also widened 2bp today to 18.5bp
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.