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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 AccessToday's Asia-Pacific session saw broader......>
FOREX: Today's Asia-Pacific session saw broader risk-on flows come into play,
which resulted in yen underperformance across the G10 currency board. An MNI
insight piece highlighted that the BoJ remains worried re: a stronger yen (see
MNI Main Wire 03:20 GMT 01/15). The Antipodeans were strong drawing support from
a combination of the risk-on theme & fiscal stimulus in China, while the PBoC
pledged to be more flexible in the implementation of its prudent MonPol.
- GBP outperformed ahead of Tuesday's the meaningful vote, with a defeat of PM
May's Brexit deal widely exp., which will likely be followed by a no-confidence
motion tabled by the Labour Party. The Sun has reported that UK PM May secured
last-minute concessions from German C'llr Merkel & will try to force a second
vote on her deal. Cable broke above $1.2900 before ebbing back from best levels.
- USD struggled as the longest gov't shutdown in U.S. history continued, with
Pres Trump set to lunch with unnamed lawmakers later today.
- Flash German GDP, EZ trade bal. & U.S. PPI will hit today. Elsewhere,
Riksbank's Jochnick, ECB's Draghi & de Cos, as well as Fed's Kashkari, George &
Kaplan are due to speak.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.