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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 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
Pressured On Thursday, Q4 GDP On Tap
NZD/USD prints at $0.6185/90, the pair was down ~0.8% yesterday.
- The pair was pressured as concerns over the Swiss bank Credit Suisse, and the ongoing slide in US regional bank stocks, dampened risk appetite.
- NZD/USD found support below $0.6180 as the Swiss central bank and financial regulator said Credit Suisse will receive a liquidity backstop if needed. US Equities pared losses and the USD came under marginal pressure in the NY session.
- Technically the pair is still consolidating, bears look to break 2023 lows at $0.6085. Bulls first look to break the 200-Day EMA at $0.6275.
- Ahead of this morning's Q4 GDP print positioning, via 1-week risk-reversals, looks skewed to the downside however the skew is within recent ranges.
- Cross asset flows were mixed; S&P500 was down 0.7% and 10-Year US Treasury Yields were 23bps lower. DXY was 1.1% higher.
- The aforementioned Q4 GDP headlines today, with the first contraction since Q1 2022 expected in the Bloomberg survey at -0.2% q/q, 3.3% y/y.
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.