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Policy
Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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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.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: US Yields Tick Up, JGBs Steady
MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday
Having earlier printed fresh YTD lows of......>
FOREX: Having earlier printed fresh YTD lows of $1.3102, GBP/USD surged
following the BoE rate decision. A 6-3 rate split & the announcement to unwind
QE once the bank rate reaches 1.5% was deemed hawkish and cable moved above
$1.3200. Persistent USD sales squeezed the pair to to $1.3270, before profit
taking kicked in, last ~$1.3245.
- USD/JPY pared all Asia/Europe gains amid a backdrop of softer US Tsy yields &
US stocks after the US Supreme Court's decision ruled states can collect sales
tax from online retailers. USD/JPY touched pullback lows of Y109.84, last
Y109.90.
- The broadly weaker USD saw NOK, GBP & CHF top of the G10 pile. Hawkish
rhetoric from the Norges bank, indicating a September hike triggered NOK
strength. The SNB decision was largely a non-event, with the economic
projections garnering the most interest.
- AUD & NZD both recovered off fresh YTD lows
- Banco de Mexico hiked rates by 25bp to 7.75% as expected.
- Focus on Friday on prelim EZ & US PMIs, CA retail sales & CPI & Japan CPI.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.