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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
The Antipodeans climbed to the top of the.....>
FOREX: The Antipodeans climbed to the top of the G10 pile, with kiwi posting
gains across the board. AUD & NZD drew support from an Axios source story
stating that U.S. Pres Trump's advisers discussed the possibility of a Sino-U.S.
presidential summit in March, which underpinned optimism ahead of this week's
trade talks involving top trade reps from Washington & Beijing.
- JPY underperformed, with Japanese markets closed for a national holiday.
- Sterling was relatively weak, as markets absorbed Brexit news flow. UK PM May
replied to Labour leader Corbyn's offer of a cross-party compromise re: Brexit
deal; she agreed that more talks are needed, but showed scepticism re: keeping
the UK within a customs union with the EU.
- In early Asia-Pac hours, CHF spiked lower in a "mini flash crash", but quickly
erased the move. BBG cited Asia-based traders, who said that CHF was sold vs.
USD & JPY to execute a stop-loss run amidst thin holiday liquidity.
- Focus today turns to UK GDP, trade balance & industrial output, as well as
Norwish CPI, while central bank rhetoric will be provided by ECB's de Guindos &
Knot, as well as Fed's Bowman.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.