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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
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Emerging Markets
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Credit
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Data
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Global Macro
Global Macro
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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About Us
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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 CBRT Preview - May'24: Rates Sufficiently Tight For Now
Executive Summary:
- With rates already at 50.00%, the CBRT will likely feel that financial conditions are sufficiently tight
- Macroprudential measures targeting credit growth should aid the impact of the higher policy rate
- Bank have made clear that they are committed to holding rates at a higher level for longer
The Bank’s attempts to normalise the market’s perceptions of policy are beginning to play out, with Simsek’s leadership at the economy ministry influencing not only the more hardline stance on inflation, but also the unveiling of a landmark public savings package last week. While markets wait for further details on fiscal consolidation, signs are emerging of an improvement in foreign investor sentiment toward Turkey. Foreign investor portfolio flows have begun to turn toward Turkey, with Ekonomi writing last week that foreign capital inflow to Turkey amounted to $13.6bln and is set to continue as economic concerns subside. Meanwhile, signs of the impact of credit tightening measures are bearing fruit at a micro level. Dunya wrote last week that furniture firms were beginning to have trouble selling goods on credit, with payments restricted to 2-3 months, from 9-12 months, prompting a 20-35% decline in domestic sales.
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.