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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.
EGBS
Huge Italian inflation beat in the October flash reading sends EGBs lower: HICP comes in 4.0% M/M vs 1.4% expected, 1.7% prior.
- Housing, Water, Electricity up 25.5% M/M - that's 11.6% of the basket (and way up from 0.5% m/m in Sept's reading). Every other major category was below the 4% M/M headline reading.
- Bunds head another 120 ticks lower on the release - 144 ticks off on the session and more than halfway to reversing Thursday's ECB-related gains. At 138.66, next support at the 137.57 Oct 27 low.
Source: BBG, MNI
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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