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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 US Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
Gold Slightly Softer as EuroStoxx50 Strikes Post-COVID High
Spot gold trades under minor pressure, with the risk-on theme across equity markets countering any support the precious metal may be receiving from the weaker USD. Gold is lower by just over $4/oz but is yet to test the Friday low at $1,861.01 , a slip through here opens congestion support at the September, November lows of $1,848.80-1,850.51.
Energy markets are higher, with the oil price flattered by the weaker greenback and seeing follow-through buying alongside equities. Reports of a Houthi attack on an Aramco installation in Jeddah, Saudi Arabia have also propped up the price. WTI futures today touched 43.36, the highest since early September.
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.