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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Data
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Global Macro
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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 AccessThe front end of the Sonia curve is steeper...>
SONIA: The front end of the Sonia curve is steeper in early Tuesday morning
trade compared to Monday's close as Fed's Kaplan says that he has an "open mind"
for December policy meeting, need evidence inflation will reach target. Looking
ahead UK construction PMI is released at 0930BST while Brexit Secretary David
Davies and Foreign Secretary Boris Johnson both speak at Conservative Party
conference this afternoon. MNI PINCH see markets pricing a 82.5% chance of a
25bp rate hike in Nov 2017 and following levels in BoE forward dated Sonia:-
* Nov-17 +0.1bp at 0.417%
* Dec-17 +0.1bp at 0.438%
* Feb-18 -0.2bp at 0.535%
* Mar-18 +0.2bp at 0.546%
* May-18 +0.3bp at 0.644%
* Jun-18 +0.5bp at 0.648%
* Aug-18 +0.3bp at 0.711%
* Sep-18 +0.3bp at 0.716%
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.