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Policy
Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts 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: Japan Govt Keeps Economic Assessment, Ups Imports
MNI EUROPEAN OPEN: CAD, MXN Weaken On Tariff Threat, JPY Firms
NZD/USD last deals at $0.6617, +20 pips on.....>
KIWI: NZD/USD last deals at $0.6617, +20 pips on the day. The kiwi has taken
advantage of a broad-based risk-on reaction to UK exit polls, which indicated
that the Conservative Party is poised to win a comfortable majority.
- Some NZ data was already out today. REINZ house sales extended losses, falling
1.9% Y/Y in Nov. BusinessNZ m'fing PMI printed at 51.4 vs. the prior 52.6.
- This comes after the rate added 11 pips Thursday as U.S. Pres Trump met with
his trade team to discuss delaying Dec 15 round of China tariffs. Per BBG
sources, he signed off on a phase-one pact w/Beijing that allows to avert new
levies. Details are yet to be unveiled, but press reports suggest that China
agreed to buy more U.S. farm products in exchange for some tariff roll-back.
- NZD/USD has eased off highs somewhat, but remains elevated. Bulls look for a
resumption of the topside momentum, which would bring into view the 76.4%
retracement of the Jul 19 - Oct 1 slide at $0.6652. Bears need a fall below the
$0.6600 mark before taking aim at the $0.6537 200-DMA.
- NZ calendar next week is headlined by local Q3 GDP, due Thurs alongside trade
balance. ANZ biz. conf. hits on Tues & their cons. conf. survey is due Fri.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.