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Why MNI
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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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Free AccessShutdown Risks Linger as Ramaphosa Tightens His Grip on the ANC
- USD/ZAR opens slightly higher on an early dollar bid to pull back some of yesterday's weakness.
- Local politics in focus as risks to a national shutdown remain over the bid to get ANC SG Magashule to step aside, although signs are yet to appear in the newsflow.
- Tripartite ally SACP's support for Ramaphosa is major boon for the President, which may see him shore up some power within the party.
- Plans to revitalise the Vaccine rollout are encouraging, given the Pfizer deal, but whether Govt will expedite the implementation is yet to be seen.
- Commodities have eased slightly from decent gains in yesterday's session: gold -0.11%, platinum +0.27%.
- PMI & Business Confidence data to provide a key gauge of sentiment/performance today, with a close eye on the FOMC minutes later today.
- Intraday Sup1: 14.5238, Sup2: 14.4905, Res1: 14.6173, Res2: 14.6790
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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.