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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 AccessFreight Prices Could Rise Further In Near Term
Freight prices could further rise in the short term as the peak season in the international shipping market is ahead of schedule, Shanghai Securities News reported citing Ju Weihao, researcher at Gainsense Futures. The ongoing geopolitical conflicts make the resumption of sailing in the Red Sea area elusive, leading to a capacity gap of about 20% in the European line in Q2. Meanwhile, the replenishment cycle in Europe and the U.S. started earlier than expected amid strong Eurozone PMI. High freight rates may not be sustainable, as the transportation shortage may ease when the peak season ends, alongside rising supply of shipping capacity following the delivery of new ship orders, Ju was cited as saying.
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.