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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
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Emerging Markets
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Commodities
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Credit
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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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.
Real-time Actionable Insight
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 - Thune Defends Two-Step 2025 Agenda
MNI US MARKETS ANALYSIS - EUR Steadies Ahead of ECB
Post-LIBOR Settle Update: Pricing 50bp Hikes Next Two FOMC
Lead quarterly Dec'22 (EDZ2) reverses course, trades -0.005 to 95.2425 after latest 3M LIBOR set' rebounds +0.01957 to 4.75271% (+0.00057 total last wk).
- Fed funds implied hike for Dec'22 at 52.3bp, Feb'23 cumulative 89.7bp to 4.726%, Mar'23 106.3bp to 4.892%, terminal at 4.955% in Jun'23.
- Balance of Eurodollar Whites (EDH3-EDU3) -0.010 to +0.015, Reds (EDZ3-EDU4) +0.035, Blues through Golds (EDZ5-EDU7) +0.035-0.055.
- Current deferred spds update: off Thu close' inverted lows
- Jun'23/Sep'23: currently -0.150 vs. -0.135
- Dec'22/Red Dec'23: -0.825 vs. -0.625
- Mar'23/Red Mar'24: -0.915 vs. -0.880
- Jun'23/Red Jun'24: -1.365 vs. -1.335
- Friday options summary: Modest trade volumes turned mixed after Friday's higher than exp PPI weighed on underlying futures, 10YY climbed to 3.5691% by the close. Highlight call trade:
- Block, 10,000 Green Jan SOFR 97.25/97.62 call spds, 8.0 ref 97.025
- +10,000 SFRZ 97.50 calls, 12.0
- Block, 10,000 EDZ2 95.25/95.37 call spds, 2.75 vs. 95.2475/0.42%
- Block, 20,000 EDZ2 95.25/95.37 call spds, 2.5 vs. 95.2475/0.42%
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.