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Global Macro
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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 ASIA MARKETS ANALYSIS: Tsys Reverse Support Ahead Supply
MNI INTERVIEW: US Factories To See Expansion By Feb- ISM
MNI UST Issuance Deep Dive: Jan 2025
JPY Seals Worst Monthly Performance since 2016
- JPY was comfortably the poorest performer Wednesday, helping buoy USD/JPY toward the Y111.00 handle. A break above this level would be the first since March, and could open another leg higher toward 2020's best levels at 112.23.
- The greenback started the session well, pressuring EUR/USD to new 2021 lows before month-end flow conspired against the greenback and boosted most major pairs into the month-end fix.
- At the upper end of the table, GBP outperforms as the contrast between the UK's approach to COVID lockdowns and the Eurozone widens further. Both France and Italy extended their domestic lockdowns Wednesday, leaving vaccine politics as a key issue headed into Q2.
- Focus Thursday turns to Japan's Tankan survey, US weekly jobless claims and March ISM manufacturing. Thursday also marks the final full trading day of the week, with markets only seeing a limited open Friday.
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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.