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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 US MARKETS ANALYSIS - Tsys Firmer Ahead of Early Close
MNI China Daily Summary: Friday, November 29
NZD/USD Testing Recent Lows At 0.6057, OIS Softer
- NZD/USD is testing recent lows, with the pair down 0.30% at 0.6057. OIS is slightly softer this morning, down 3bps with 33bps of easing by Nov 24.
- The 2y swap is 4bps below mornings high, while the 10y swap is trading towards morning highs with a bull-steepening of 2s10s swap curve
- Earlier, Business confidence in New Zealand weakened further in the June quarter, with a net 35% of firms expecting economic deterioration and 28% reporting a decline in activity, as elevated costs, higher interest rates, and uncertainty impact hiring and investment plans, particularly in the building construction sector.
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.