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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Emerging Markets
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Data
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Global Macro
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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 AccessMNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
President Lula To Meet With Bolivia President Luis Arce
- The Brazilian real traded in a relatively tight range against the dollar yesterday, with USDBRL closing 0.19% higher at around 5.47. Bullish conditions in USDBRL remain intact and the pullback from last week’s highs at 5.70 is considered corrective, for now. On the downside, initial support to watch lies close by at 5.4628, the 20-day EMA. The 50-day EMA lies at 5.3351.
- Data wise, the calendar is light today, with focus ahead on June IPCA inflation data due tomorrow. Currently, analysts see the headline inflation rate rising further above 4% y/y. This will be followed by May retail sales on Thursday and services volume figures on Friday. Elsewhere, focus will be on Fed Chair Powell’s semi-annual testimony in front of the Senate banking committee today, at 1500BST(1000ET).
- On the political front, President Lula is due to meet with Bolivia President Luis Arce at 1500BST(1000ET). Lula is scheduled to make a statement to the press at 1730BST, before participating in an official lunch offered by the Bolivian Presidency.
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.