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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 AccessMNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
Short sterling is the big mover in STIR........>
STIR: Short sterling is the big mover in STIR space this morning ahead of this
week's BoE meeting. The strip has flattened with greens/blues up 3.5-4.5 ticks.
- No significant policy changes are expected from the BoE. Brexit is still the
main focus. In the immediate term attention is fixed on the Supreme Court
ruling. An unfavourable decision would further undermine PM Boris Johnson's
authority.
- This morning's August CPI print came in weaker than expected (1.7% Y/Y vs 1.9%
survey).
- Price action in eurodollars has been relatively muted ahead of the FOMC
meeting. Whites/reds are broadly flat/0.5 ticks lower with greens/blues up
1.0-2.5 ticks.
- The Federal Reserve will intervene again in the repo market today to contain
the recent surge in repo rates.
- Elsewhere, the Euribor strip is 0.5-2.0 ticks higher.
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.