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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: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
Local Risk Events Eyed
Asia-Pac headline flow remains sparse and is coupled with a lack of notable market flow. Still, T-Notes have edged to fresh session lows in recent trade, and last print -0-02 at 131-18. The cash curve has twist steepened, with longer dated Tsys running ~2.0bp cheaper on the day. Most participants are looking ahead to today's local risk events (U.S. CPI, 30-Year Tsy supply and the announcement re: the Fed's latest Tsy purchase schedule).
- We should flag that Chinese trade data for the month of March provided a much narrower than expected headline trade surplus, with mixed internals as exports rose at a slower than expected Y/Y rate while imports surged, as the Y/Y rise in that metric topped exp.
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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.