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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 EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
GoC Yields Lift and USDCAD Pushes Towards August Support On Stronger CPI
- 2Y GoC yields have increased 6bps on the CPI report with stronger than expected readings across both the headline and underlying levels, vs Tsys +1.5bp over the same period.
- It pushes the Can-US 2Y yield differential to -42.5bps for what would be its lowest close in absolute terms in a month.
- March cut pricing has been trimmed from 15-16bps pre-release to a 50/50 call of perhaps slightly below, whilst the CORZ3/Z4 spread tightens to -126bps vs -130bps prior.
- USDCAD is holding most of its ~40 pip decline at 1.334. Support seen at 1.3320 (Aug 4 low) below which lies 1.3283 76.4% retracement of the Jul 14 - Nov 1 bull phase.
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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.