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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 AccessThere's been a decent move lower in........>
CHINA FX: There's been a decent move lower in USD/CNY risk reversals today, with
vols now moving the most in favour of USD/CNY puts since early May, in what
looks like the biggest one-day move in vols of the year so far (this is repeated
across the whole vol structure). Move is mirrored in the generic 1m implied
contract also, which has dumped to just above 3 vol points - the lowest since
mid-2017.
The move contrasts with minimal movement in CNY/CNH spot, with reports overnight
suggesting Trump and Xi are at loggerheads and there's unlikely to be any
progress on trade talks for the better or worse in the short-term, as Trump
refocuses on domestic, rather than international, issues.
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.