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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 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
Muted Start For Rupee, Mfg PMI On Tap
The Rupee has opened dealing little changed from yesterday's closing levels in a muted start to Wednesday's session.
- USD/INR prints at 82.25/26, the pair continues to consolidate in a narrow range above the 20-Day EMA (83.2120).
- Technically the pair remains in an uptrend, bulls target the high from 20 October 2022 (83.2975). Bear's immediate focus is the 83 handle, a break of the handle opens low from 22 Sep (82.8325).
- RBI Gov Das noted yesterday at a banking conference in Mumbai taht he expects Q2 GDP to surprise to the upside (BBG).
- On the wires in ~90 minutes is the S&P Global Mfg PMI for October, there is no estimate and the prior read was 57.5.
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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.