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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Hong Kong Tightens Covid Restrictions; HKD Weaker On The Session
Covid restrictions in Hong Kong are getting stricter, the region will shut a number of establishments including gyms and beauty parlours, as well as closing dine-in restaurants from 6pm and encouraging work from home.
- USD/HKD has risen slightly as HKD sees some weakness on Covid concerns, DXY has weakened slightly but is still off lows seen yesterday which is helping keep the pair higher. USD/HKD last trades at 7.7511, off session highs of 7.7514
- Elsewhere Hibor has risen for a tenth straight session, up around 2bps to 0.23143%, the spike has driven the Hibor-Libor spread to the narrowest since November 2019, but it should be remembered that in November one-month Hibor fell to the lowest rate in almost 10-years at 0.12018%.
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.