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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Manila Curbs Relaxed, Sino-U.S. Military Drill Kicks Off
Spot USD/PHP sits +0.020 at PHP48.560 as we type, happy to hug the prior day's range, despite the easing of restrictions in the NCR+ bubble. A break above the 200-DMA at PHP48.613 would create potential for a rally toward Mar 17/Feb 23 highs of PHP48.736/55. Bears need a fall through Apr 6 low of PHP48.319 before taking aim at Feb 17 low of PHP48.281.
- Pres Duterte announced the loosening of restrictions in Metro Manila and the neighbouring provinces of Bulacan, Rizal, Laguna and Cavite, after hospitals in the region added 3,156 beds for Covid-19 patients.
- The Philippines said that 500,000 Sinovac jabs arrived on Sunday, with 20,000 further doses of Russian vaccines expected to arrive. The Philippines distributed 1.14mn vaccine doses so far.
- Joint military exercises of 1,700 Philippine & U.S. troops kicked off today and will last for two weeks. The annual drill takes place amid resurfacing Sino-Philippine tensions in the South China Sea.
- The Philippine docket this week is headlined by overseas remittances data, due Thursday.
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.