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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 MARKETS ANALYSIS - Tsys Firmer Ahead of Early Close
MNI China Daily Summary: Friday, November 29
Iran Gov't Spoks: We Have Resumed 20% Uranium Enrichment
Following reports yesterday that the Iranian gov't was looking to resume 20% uranium enrichment 'as soon as possible', this morning a gov't spokesman confirmed that it had done so at the Fordow fuel enrichment plant according to Iranian broadcaster Mehr.
- Enrichment of uranium to 20% would bring Iran close to holding weapons-grade uranium, and is in breach of the 2015 Joint Comprehensive Plan of Action (JCPoA, the Iran nuclear deal).
- There had been some speculation this year that the US, under the presidency of Joe Biden, could become a signatory to the deal once again following the country's withdrawal in 2018 by President Donald Trump. Tehran's actions today could make this less likely.
- The decision comes a year after the assassination of Major General Qasem Soleimani, head of the Islamic Revolutionary Guard Corps, on the orders of President Trump.
- Iran's continued breaches of the JCPoA could prove too much of a provocation for the US and its Western partners to seek any form of continued rapprochement with Tehran, and risks an escalation in Middle East tensions.
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.