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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.
SOUTH AFRICA
- SAGBs tread water in negative territory this morning, having managed to hold onto some gains at the end of yesterday's session.
- 10Y yields pulled back from the 61.8% fib level of the recent range, but failed to hold onto gains below the 9.25 level to close s-2.1bp on the day.
- 2Y yields remain pegged below 4.95, but still within the broad uptrend- while the 30Y teeters around 10.45. W/w the curve stands +5bp higher across the breadth with the 8-20Y section most offered.
- SA's Top40 index continues to slide as the china crackdown continues with 58k support giving way in yesterday's session.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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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