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Global Macro
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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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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
NBH To Hike Base Rate By 30bps
- The NBH is likely to hike its policy rate by 30bps to 2.4% today (1pm London time). Press briefing (with statement) will start at 2pm.
- NBH has raised its 1W depo rate by 150bps in the past month to limit HUF weakness and curb inflationary pressures.
- The 1W deposit rate could reach 4% in early 2022 and the policy rate is expected to gradually converge towards the 1W deposit rate through H2 2022.
- Yesterday, Chief Medical Officer Muller confirmed the first cases of Omicron Covid-19 variant.
- Hungary opened books on a green panda bond, strengthening its position as the European country with the closest ties to China’s debt capital markets and becoming the first sovereign to offer green pandas (BBG). Panda bonds are RMB-denominated bonds issued in mainland China by a foreign entity.
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.