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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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Free AccessMNI Gilt Week Ahead
Rate saw a post fix low of $1.3089 before.....>
CABLE: Rate saw a post fix low of $1.3089 before it jumped back to $1.3152 as
market reacted to a headline that the EU to make a new offer to the UK on the
Brexit Backstop, however this was dampened by following line that the offer is
said to fall short of what the UK has demanded. EU now awaits the UK response to
this new offer. Rate gave back those gains to post a fresh intraday low of
$1.3087 after the European close.
- Brexit remains the main driver for sterling with headlines Friday possible on
the developments of the current UK/EU negotiations ahead of next Tuesday's
meaningful vote. Domestic data has the BOE/TNS Inflation Attitudes Survey at
0930GMT.
- Main data focus on the US Employment Report at 1330GMT.
- Cable support $1.3087, $1.3060/50, $1.3000. Resistance $1.3150, $1.3180.
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.