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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 AccessThere's a clear lack of liquidity
- Another illiquid start for Govies and rates,
- Bund trades in a 47 ticks wide, and this was achieved with less than 22k lots.
- SONIA are up, albeit a touch off their highs, as Gilts opened lower, but have bounced since the open.
- Volumes for the short term SONIA strip is on the low side, and mostly quoted 1 tick wide.
- EM desk also report lower liquidity in their respective Bonds.
- European volumes versus their 10 days averages, sees the likes of Bund running at 61%, Bobl 54%, BTP 48% and OAT at 60%
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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.