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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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Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
NZD/USD weakened on Thursday as spiralling.....>
KIWI: NZD/USD weakened on Thursday as spiralling U.S.-China tensions dented risk
appetite. Beijing pledged to tighten its grip on Hong Kong and Washington
promised retaliation, with mutual sabre-rattling taking focus through the day.
This allowed the rate to snap its three-day winning streak.
- NZ FinMin Robertson spoke this morning, noting that the gov't has no intention
to raise taxes or change the retirement age at the moment.
- NZD/USD has added 9 pips thus far and sits at $0.6123. A clearance of May
11/20 highs of $0.6156/58 is needed to bring the key Apr 30 high of $0.6176 into
play. Bears look for a retreat under the round figure/50-DMA at $0.6000/5996,
which would allow them to target May 15/Apr 23 lows of $0.5921/11.
- Re: local political matters flagged here before, the main opposition National
Party's caucus holds an emergency leadership vote today as MP Todd Muller is
trying to unseat current leader Bridges ahead of September's general election.
- NZ retail sales are due later today. Next week, focus turns to Tuesday's trade
balance, Thursday's ANZ Biz. Confidence and Friday's ANZ Cons. Confidence. RBNZ
Gov Orr will hold a presser on Wednesday, after the release of the FSR.
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.