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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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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
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Data
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
Real-time Actionable Insight
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, January 30
MNI: PBOC Sets Yuan Parity Higher At 7.1055 Tues; -6.03% Y/Y
MNI China Press Digest Jan 30: PBOC, He Lifeng, Evergrande
Sticky CPI Risks Erdogan Becoming More Vocal on Rate Cuts
- USD/TRY opens lower as an early $ buying spree eases.
- TRY has been relatively more resilient to recent $ strength than its high-beta counterparts RUB & ZAR, and remains a bright spot in the EM space.
- Concerns rising, however, about persistently high and sticky inflation in the 15-16% bracket giving Erdogan more license to exert his unconventional beliefs on inflation and press for earlier rate cuts than are required or (worst case scenario) remove Agbal.
- Reduced FX passthrough and early signs of de-dollariastion may help, but are relatively slow acting - adding to increased headline risks from Erdogan over the next 2-3 months if CPI remains elevated.
- For now, TRY optimism remains high and focus is on US & EU relations where Turkey is playing the cooperation game.
- USD/TRY remains heavy, with most anticipating a push towards 7.00 once risk sentiment normalises and $ selling re-emerges. Sup1: 7.10, Sup2: 7.00, Res1: 7.1733, Res2: 7.2002
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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.