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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
-The London early session saw some.....>
BOND SUMMARY: -The London early session saw some pretty random choppy move in
multiple Assets. The lack of conviction in either direction suggest positioning
or squaring ahead of the main event for today. NFP followed by Fed Powell.
-Bund were initially sold off towards 174.24, but quickly reversed and jumped 60
ticks with thin liquidity exacerbating the move. Bund is now back trading around
174.55.
-BTP have remained within ranges with very little to report.
-Gilts once again took its cue from the Pound. With the latter better offered,
in turn keeping Gilts better bid and 30 ticks.
-Most exciting moment was BBG posting a wrong headline- Said initially that the
PM Johnson lost the court case on Prorogation of Parliament. Then corrected to
say that he won.
-This caused a quick knee-jerk move for GBP.
-Tnotes are trading under water 8 big ticks down with upside kept in check, with
the better risk tone and better US data we had of late.
-ALL EYES on NFP and of course later in the day Fed Powell.
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.