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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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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
Sterling struggled on Monday after a soft.....>
CABLE: Sterling struggled on Monday after a soft round of UK output/trade data,
with GBPUSD printing lows of 1.3345 before recovering. The cross encountered
additional headwinds after EU negotiator Barnier left UK Brexit Secretary
somewhat empty hand re: the UK's Brexit backstop plans, at the latest summit
between the two, although reports that UK PM May has placated the Tory Brexit
rebels ahead of this week's voting on the EU withdrawal bill bodes well for
political stability in the short term.
- Cable took a hit in early Asia-Pacific dealing, against a backdrop of broader
USD strength, to retest Monday's lows, bottoming at 1.3346 for the time being,
last 1.3358. The next level of support under yesterday's low can be found at the
initial rally high from Jun 05 (1.3333).
- The UK has a tightly packed docket this week, with labour market data due
today, CPI due Wednesday & retail sales due Thursday.
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.