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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Release Friday of strong UK Retail Sales......>
CABLE: Release Friday of strong UK Retail Sales provided sterling with a
recovery boost, allowed cable to edge to $1.2898 late NY, as it extended the
correction away from Thursday's low of $1.2773. US Trump comments on UK/US
trade, will be "very substantially increased" after Brexit, provided the pound a
further boost in early Asia, took rate on to $1.2936 before it drifted off to
$1.2900 in early Tokyo. However, Sino-US trade optimism provided a risk-on tone
in main Asia trade which lifted cable back to $1.2920, then settled into Europe
around $1.2910. Minor resistance $1.2920 ahead of $1.2936. A break of $1.2940 to
expose the Feb13 high of $1.2958. Support $1.2900 ahead of $1.2850.
- UK PM May called upon Tory MPs to unite over Brexit at the weekend, in an
attempt to strengthen her bargaining position before she meets with EU leaders
for further talks re: Brexit deal.
- France denied President Macron has softened his stance re: Brexit in order to
break current deadlock in negotiations with UK.
- UK focus this week include domestic labour mkt data due Tuesday, any fresh
developments re: Brexit.
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.