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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
Gold has traded sideways through most of the...>
GOLD: Gold has traded sideways through most of the session and little changed on
the day. Spot gold currently trades at USD1493/tr oz near the higher end of the
day's range.
- The loss of momentum is mirrored in the slowdown in ETF purchases, with total
ETF holdings of gold appearing to stabilise around 82.1m tr oz.
- With all eyes on the Fed this week, which is expected to cut the policy rate
again by 25bps, gold will remain vulnerable.
- In addition, signs of progress on the US-China trade talks and further Brexit
can-kicking has reduced the near-term risks to the global economy.
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.