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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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Free AccessNovak Attends OPEC+ as Prelim Agreement Breaks Down
- The prelim OPEC+ deal seemingly struck yesterday now looks a little shakier after the UAE representative rejected the agreement on the condition that their baseline for cuts is changed. As such, the meetings extend into Friday and a failure to find agreement could result in the planned output hike not taking place at all. Deputy PM Novak attends the meeting today.
- Late yesterday US House lawmakers progressed a bill that prevent the President's right and ability to waive sanctions against companies behind the Nord Stream 2 pipeline. The bill runs against Biden's actions in May to waive sanctions against the company.
- Moscow Exchange has announced plans to launch options trading on the most liquid Russian shares in early 2022, according to Kommersant.
- The final Q1 GDP release is due at the close, expected unrevised at -0.7%. Russian ForMin Lavrov appears alongside Bahrain's ForMin for a press conference at 12pm local / 1000BST. The Bank of Russia's International Financial Congress concludes.
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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.