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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Global Macro
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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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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.
Real-time Actionable Insight
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 OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Lira Opens On the Front Foot, Pulling Back From Prior Lows
- USD/TRY trades -1.73% lower this morning, making a sharp turnaround after falling just short of yesterday’s highs at 11.8749.
- This aligns broadly with USD weakness this morning and a relatively quiet session yesterday with no major headline risks to rattle sentiment.
- With limited data on the agenda, the cross will likely be driven by global risk sentiment and idiosyncratic factors today.
- Traders should continued to favour fading bouts of TRY strength ahead of the next CBRT meeting on expectations for further rate cuts, however. US trade balance is the notable data point for today.
- Next major support in USD/TRY comes in at 13.4539, followed by 13.3113, Res1: 13.682, Res2: 13.8307
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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.