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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.
UK
- Continued steepening of the UK 5s/30s, as market continue to discount higher earlier interest rates.
- Next target in 5/30s is at 53.21.{r2} Pound is seeing some selling continuation, after a fix related trade hit the pound pre 08.00 am
- Cable is testing yesterday's low at 1.3471 Low Nov 4.
- Further downside traction, opens to 1.3423 2.0% 10-dma env.
- Gilts eye yesterday's high, but initial resistance is seen at 126.39 50.0% retracement of the Aug - Oct downleg.
Chart source: Bloomberg
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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