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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
T-Notes retained topside momentum at...>
BOND SUMMARY: T-Notes retained topside momentum at the start to the Asia session
and moved through yesterday's highs before stabilising. The contract last trades
+0-08 at 138-23+, as participants in the region digested the Fed's MonPol
decision/rhetoric, including their forecast of no rate hikes a least through
2022 & warnings re: a difficult economic recovery ahead. yield curve has bull
flattened in cash trade. Eurodollars last seen -0.5 to +1.0 tick thru reds. U.S.
initial jobless claims & PPI headline the local data docket today.
- JGB futures reopened on a firmer footing, then slid through the morning
session and recoiled again after lunch. The contract sits at 152.12, +19 ticks
vs. settlement. Cash JGB yields sit lower across the curve. The MoF conducted an
enhanced liquidity auction for off-the-run 15.5-39 Year JGBs. In local news,
Tokyo Governor Koike said that the capital may remove an alert and ease some
business restrictions. TBS reported the move may be announced as soon as today.
- Australian YM +0.5 & XM +9.0 as we type. Yield curve bull flattened on the
back of the initial post-FOMC impetus and deepened the move thereafter. Bills
sit -1 to +1 tick through the reds. The RBA again refrained from its YCC ops.
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.