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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 -
Emerging Markets
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Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
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Real-time insight of oil & gas markets
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Data
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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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About Us
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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: PBOC Yuan Parity Higher At 7.1010 Monday; -2.24% Y/Y
MNI China Daily Summary: Friday, Dec 22
Morgan Stanley went short EUR/SEK at the...>
EURO-SEK: Morgan Stanley went short EUR/SEK at the NY close on Thursday with a
target of SEK10.00 and a stop at SEK10.60.
- MS suggest that "SEK is the cheapest G10 currency when looking at its REER
relative to historical avgs. As we think the USD is likely to appreciate
modestly in coming weeks & EUR may remain offered amid political uncertainty, we
pivot our SEK trade to a EUR/SEK short. SEK should benefit from improving
fundamentals in Europe and more hawkish ECB rhetoric, as it gives the Riksbank
more room to manoeuvre in its policy-tightening plan. Riksbank rhetoric has
turned more hawkish recently, with even the most dovish Board member suggesting
that data trending in the right direction would be sufficient for them to hike
rates & that it is workable to move before the ECB. This should provide support
as markets are pricing a full 25bp rate hike only in Apr '19, later than the
Riksbank's Dec/Feb guidance. Sweden has also built up a record-high net foreign
asset position, suggesting more cushion from repatriation flows in the event of
rising global vol. Risks to the trade include the Riksbank turning more dovish
and a sig sell-off in global risk appetite, weighing on SEK."
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.