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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Futures Nudge Lower Post-Powell
JGB futures shed 11 ticks in overnight trade, going out at session cheaps in lieu of Fed Chair Powell’s warning re: higher than previously envisaged interest rates and the potential for a swifter pace of tightening.
- Local headline flow remains relatively limited, with focus on Friday’s BoJ decision. A clear consensus looks for no change in BoJ policy settings come the end of outgoing Governor Kuroda’s final policy meeting. However, the Bank’s recent propensity to shock (see the surprise widening of the YCC band back in December) means that this view is held with varying degrees of conviction. There will be more on that matter in our full preview of the event.
- Reaction to Powell’s address and pre-BoJ positioning will likely drive price action in Tokyo on Wednesday, excluding the presence of any fresh headline catalysts.
- BoP data and the latest round of BoJ Rinban (covering 1- to 25-Year JGBs) headline the local docket today.
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.