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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 AccessMNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6
MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday
GDP Revised Slightly Higher In March MPR Forecasts
Rounding out the other key forecast changes in the March MPR:
- The level of GDP is revised slightly higher, with the Q1 '24 GDP expected at 0.0% Q/Q and Q2 and 0.4% Q/Q.
- The unemployment rate path has been revised lower. From the MPR: "The weak GDP growth is expected to have a relatively limited impact on the Swedish labour market going forward. This is in part due to companies being reluctant to reduce their workforces despite weak demand, something which is confirmed by the Riksbank’s Business Survey".
- CPIF ex-energy has been revised slightly lower in the first half of 2024, with smaller changes further out.
- In addition: "The Riksbank assess the krona to be undervalued and will appreciate gradually during the forecast period"
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.