Free Trial

Tnotes take their cue from Equities

CROSS ASSET
  • Tnotes take their cues from the risk off tone, brushing aside the PPI beat.
  • Lower Equities sees Oil through session low.
  • This is in turn helping USDCAD to the high of the session.
  • Gold is also lower on the USD bid.
  • Support for Gold comes at $1767.2/62.0 - Bull Channel base from Aug 9 / Low Dec 2.
  • USD is bid against GBP, AUD, CAD, CNH, CNY, SEK and NOK.

To read the full story

Close

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.