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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: PBOC Net Injects CNY28.8 Bln via OMO Thursday
MNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit
Spot Narrows in on European Morning Highs
- Gold narrowing in on the European morning highs at 1817.03, having moved back to unchanged on the day at the NY crossover.
- Volumes picked up at the NY crossover, but activity shows broader buying in smaller clips from 1338GMT/0838ET rather than fewer, larger trades behind the NY hours gold recovery.
- Despite the pickup in trade activity, cumulative volumes across Gold futures are below average for this time of day by around 8%.
- Spot prices remain pinned between the 2.0% 10-dma envelope at 1795.5 and the 50-day EMA above 1847.6.
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.