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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Slightly Stronger Ahead Of US CPI Data
Gold is 0.3% higher in the Asia-Pac session ahead of US CPI data later today, after closing 0.3% lower at $2024.41 on Wednesday.
- Bullion was initially supported on Wednesday by geopolitical risks before fading into NY session close despite a softer USD index.
- Investors were possibly gearing up for turbulent trading following the release of US CPI data, which may firm views on when the Fed will start easing monetary policy.
- Cash US Treasuries are dealing little changed in today’s Asia-Pac session after cheapening slightly on Wednesday.
- Economists polled by Bloomberg expect core inflation to fall to 3.8% y/y in December from 4% prior.
- From a technical standpoint, the yellow metal approached support at the 50-day EMA of $2012.8 on Wednesday.
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.