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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.
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Emerging Markets
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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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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 AccessPost-LIBOR Settle Update: Short End Explodes
- Quarterly futures sharply higher as markets scale back rate hike expectations following SVIB bank collapse last Friday (Goldman Sachs strategists now calling for no hike at March 22 FOMC. President Biden to have press conference on banking system, protecting economic recovery at 0900ET.
- Lead quarterly Eurodollar futures EDH3 expire at 95.1337 after 3M LIBOR settles -0.27185 to 4.86629%. New lead quarterly EDM3 +.265 at 94.69 vs. 94.90 overnight high.
- Fed terminal rate has fallen to 4.805 in June'23, down over 80bp for August late last week. Fed funds implied hike for Mar'23 at 22.5bp, May'23 cumulative 29.2bp to 4.744%, Jun'23 32.5bp to 4.796%. Rate cuts start pricing in for Nov'23.
- Eurodollar futures are trading firmer across the strip, Whites (EDM3-EDH4) sharply higher: +0.280-0.620.
- Option roundup: Carry-over buying in call structures as surge in underlying reflects lower rate hike expectations.
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.