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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.
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German Def Min: Air-Defence Ammunition Sufficient Until Summer
Reuters carrying comments from German Defence Minister Boris Pistorius appearing to counter a growing concern that dwindling ammunition supplies in Western countries may threaten Ukraine's war effort.
- Pistorius said that ammunition for German-made Gepard anti-aircraft systems, used by Ukraine, "...should suffice until the summer."
- US Defense Secretary Lloyd Austin yesterday voiced concerns that diminishing Western munition reserves could become critical if measures aren't put in place to increase production and reduce waste.
- Austin said Ukraine has “used a lot of artillery ammunition. We’re going to do everything we can, working with our international partners to ensure that we give them as much ammunition as quickly as possible.”
- Adding to concerns over future Ukraine security packages, WaPo reported comments yesterday from a “senior US administration official” stating: “We will continue to try to impress upon [Ukraine] that we can’t do anything and everything forever. ’As long as it takes’ pertains to the amount of conflict. It doesn’t pertain to the amount of assistance.”
- The comments were dismissed by White House NSC Spox John Kirby but reflect a mood in allied capitals that popular support for continued assistance to Ukraine may be eroding.
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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.