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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 AccessSARON Futures A Little Lower On European CPI Data, Local Trade Body Adds To Pressure On SNB
Comments from Swiss industry group Swissmem point to the need for a weaker CHF and add to the calls for SNB rate cuts (although the groups reliance on exports is noted and will feed into the view).
- SNB President Jordan previously highlighted the overvaluation of the CHF, with some apparent movement in the SNB’s reaction function opening the door for rate cuts.
- The SNB’s March meeting is already deemed live, with OIS showing near even odds of a 25bp rate cut.
- Recent trade sees SARON futures pay more attention to core global FI markets following various European and German regional CPI releases, moving a little lower on the day.
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.