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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: PBOC Net Injects CNY14.2 Bln via OMO Friday
MNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans
Rand Gives Away Initial Gains, S. Africa's PPI Slows More Than Forecast
Spot USD/ZAR has reversed its initial losses and last deals at ZAR18.3937, up ~610 pips higher on the day. The rate briefly pierced yesterday's best levels as bulls keep an eye on familiar targets.
- From a cross-asset perspective, local-currency bonds have unwound the bulk of their earlier gains, with 10-year breakeven inflation rate last sitting at 6.61%. The BBG Commodity index has faltered, even as the precious metals subindex remains afloat.
- Former Eskom CEO Andre de Ruyter refused to name a "senior politician" involved in corruption at Eskom, but said that he relayed all information to Public Enterprises Minister Pravin Gordhan and law enforcement authorities. He is testifying to a parliamentary committee today.
- Data released this morning showed that South Africa's factory-gate inflation slowed to +10.6% Y/Y in March from +12.2%, missing the +11.3% consensus forecast.
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.