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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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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Press Digest Jan 18: Property, Fiscal, Tax
MNI: PBOC Sets Yuan Parity Higher At 7.1174 THUR; -5.99% Y/Y
Gradual Grind Lower
Gilt yields have drifter higher through the afternoon, led by the short-end and belly of the curve.
- Cash yields are 1-2bp higher up to the 20-year maturity. Last yields: 2-year 0.0785%, 5-year 0.3307%, 10-year 0.7597%, 30-year 1.2833%.
- The Sep 21 gilt future has traded down to 127.63, marking the low of the day.
- The DMO earlier sold GBP2.75b of the 0.125% Jan-28 Gilt and GBP2.0bn of the 1.25% Jul-51 Gilt. A further GBP305.281mn of the former was taken up through the PAOF.
- The BoE purchased GBP1.147bn of long-dated gilts with offer-to-cover of 2.25x.
- Employment growth was a little softer than expected in April (113k 3m/3m vs 135k survey), while wage growths surprised higher (headline 5.6% Y/Y vs 4.9% consensus).
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.