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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:Largest Canada New Home Price Dip Since `09 Led By Toronto
MNI: Canadian Oct Retail Sales Rise For Fourth Straight Month
MNI POLITICAL RISK - Trump Cabinet Hits First Roadblock
The positive developments seen on nuclear.....>
KOREA: The positive developments seen on nuclear negotiations and bilateral
relations following the meeting between the leaders of the two Koreas has so far
failed to impact USDKRW, which continues to trade slightly higher on the day but
remains firmly in range at 1222.7.
- Interest rate swaps appear to be encouraged by the news, with the 2-year up
3bps to trade at 1.9150%, breaking back above its 55-dma. The 10-year swap is up
3.3bps as the curve steepens from YTD lows.
- Given the continued rise in US rates, Korean yields would need to rise
significantly further to warrant won strength, at least based on correlations
between US-Korea real yield spreads and USDKRW.
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.