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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
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Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
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Real-time insight of emerging markets in CEMEA, Asia and LatAm region
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Real-time insight of oil & gas markets
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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.
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MNI China Daily Summary: Thursday, December 28
Just to recap the earlier release: "The...>
AUSTRALIA: Just to recap the earlier release: "The Accommodation and food
services industry continued to be the most impacted by COVID-19, with a drop of
around one in three paid jobs in the industry from mid-March to mid-April,
according to new data released by the Australian Bureau of Statistics today. The
Weekly Payroll Jobs and Wages in Australia estimates also showed that between 14
March and 18 April (the five weeks after Australia recorded its 100th confirmed
COVID-19 case) total employee jobs decreased by 7.5%, while total wages paid by
employers decreased by 8.2%. Head of Labour Statistics at the ABS, Bjorn Jarvis,
said: "The industries which lost the most jobs continued to be Accommodation and
food services (-33.4%) and Arts and recreation services (-27.0%). "Job losses in
Accommodation and food services were greatest in South Australia (-39.7%) and
Victoria (-35.6%). "The new data shows that jobs in Accommodation and food
services worked by people aged 20-29 and people over 70 decreased the most
(-40.8% and -43.7%)." "Looking at the week-to-week changes, the decrease in the
number of jobs in the week ending 18 April was 1.5%, which was larger than the
0.3% decrease in week ending 11 April 2020," Mr Jarvis said."
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.