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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
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Real-time insight on key fixed income and fx markets.
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Data
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Global Macro
Global Macro
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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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
Rupee Underperforming Broader USD Weakness
Spot USD/INR has pushed to fresh record highs in the first few hours of onshore trading today. We ran up to 77.80 before sentiment stabilized, we are around 0.30% higher in spot USD/INR terms vs. last Friday (note spot markets were closed yesterday).
- The rupee is underperforming the broader rally seen in Asian FX today. All other regional currencies are higher against the USD (except for IDR), with KRW (+0.62%) and THB (+0.36%) the standouts. The USD is generally weaker against the G10 currencies as well.
- Higher energy and agricultural prices have not helped the INR's cause, particularly with oil back close to multi-week highs.
- Later today we get wholesale prices data. The market looks for a +14.92% YoY print, versus +14.55% YoY previously. Recall last week that CPI surprised on the upside. Looking ahead, tomorrow delivers the minutes from the RBI's most recent monetary policy gathering.
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.