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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 POLITICAL RISK ANALYSIS - Week Ahead 2-8 December
MNI POLITICAL RISK - Trump Targets BRICS w/New Tariff Threat
Post-LIBOR Settle Update: New 3M High
Lead quarterly EDM2 holding weaker at 98.36 (-0.015), still off early overnight low (98.345) after latest 3M LIBOR settle at 1.06271% (+0.01842) up +0.05200 for the week, revisiting Apr 2020 levels.
- Balance of Whites (EDU2-EDH3) trade +0.010-0.025 higher, Reds through Blues (EDM3-EDH6) gain 0.015-0.025, Golds (EDM6EDH7) +0.010 to steady.
- Red Dec (EDZ3) currently trading 96.94 vs. first half of strip at 96.84-.845 -- the inversion a low measure of confidence in forward policy and/or Fed managing a soft landing/avoiding recession has been priced in for months.
- Levels start to flatten out (dis-invert) around late Blue Sep'25-Dec'25 trading 97.245.
- Highlight trade from Wednesday: Implieds inched lower on a mix of two-way positioning Wednesday, active FI accounts squaring up ahead Thursday's early close and extended Easter Holiday weekend.
- Block/crosses drove Eurodollar option volumes with buyer of 40,000 Green Dec 97.62/97.87 call spds, 7 after 17,580 short Sep 97.62 puts (deep in the money) blocked at 97.50.
- Net short vol put tree buyer picked up 8,500 Dec 96.87/97.00/97.50 put trees at even vs. 97.185/0.15%.
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.