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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 EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
Narrow Ranges In Muted Pre-Christmas Dealing
NZGBs observed narrow ranges on Friday in muted pre-Christmas dealing, finishing 1bp richer to 3bps cheaper across the major benchmarks as the curve twist steepened. The space ticked away from early session lows, however the recovery did not follow through.
- 10-Year NZ US Swaps are stable and sit at +56bps. RBNZ dated OIS remain stable, there are ~80bps of cuts priced by Nov 24.
- Domestic newsflow has been light on Friday, and a reminder that there was no local data today.
- Looking ahead, markets in New Zealand are closed on Monday and Tuesday and will re-open on Wednesday.
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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.