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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
- Market Snapshot: UST Yields, USD Tick Higher
- Risk sentiment is slowly turning as the US session begins, with SAGBs and ZAR sliding into the red for the day. US equities open mixed to softer after yesterday’s episode of dip-buying.
- SAGB yields trade +7.5-9.3bp higher in 10-30Y tenors, moving towards key resistance at 10.00 & 10.60 respectively on the back of higher UST yields.
- USD/ZAR has also found support around 14.7138 and is probing the highs of the day with the cross up +0.17% as a result on broad-based USD strength.
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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