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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.
RUSSIA
- Local & USD rates open in the green this morning, sustaining bullish momentum from yesterday's broadly risk-on session in EM FI.
- OFZs firmed in the 5-15Y section of the curve with 5Y yields outperforming (-4bp) on the day.
- The 10Y OFZ continues to fluctuate around 7.00, with markets cautiously awaiting more signs of falling inflation following last week's surprisingly higher weekly CPI print.
- Russia's 5Y CDS continues to slide at the start of the week, moving through 80 support this morning. December 2020 lows at 74.27 coming into focus.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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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