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Real-time insight on key fixed income and fx markets.
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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.
- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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: China CFETS Yuan Index Down 0.06% In Week of Feb 2
MNI: PBOC Sets Yuan Parity Higher At 7.1070 Mon; -5.54% Y/Y
MNI BRIEF: China To Control IPO Quality, Increase Delisting
### POV: SEK'S RECENT RECOVERY IS A........>
EURO-SEK: ### POV: SEK'S RECENT RECOVERY IS A HEADFAKE, NO MEANINGFUL CORRECTION
ANYTIME SOON
-EUR/SEK's pullback from the SEK10.25 area (the weakest SEK's traded since 2010)
has lifted hopes of a meaningful recovery. But, these hopes are unfounded as
markets buy SEK ahead of dividend season which, historically, is followed by a
weaker SEK.
-As many as 150 Swedish firms pay dividends from end-March to May during which
EUR/SEK tends to rise. Of the past five years, EUR/SEK has risen in every April
and May month except two, meaning SEK has weakened across 80% of all
dividend-paying months.
-The most profitable strategies for EUR/SEK over the past year still suggest
EUR/SEK is a buy (4 of the top 5 strategies have buy EUR/SEK positions, number
one being the weighted MA strategy).
-RISK: A sharp correction in CPI could prompt a faster end to easy Riksbank
policy. Inflation is currently alongside expectations, but an improvement beyond
2.0% Y/Y CPI could be the catalyst for a protracted SEK recovery.
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.