- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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.
- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessTouched a low of $1.3014 Tuesday with cable...>
CABLE: Touched a low of $1.3014 Tuesday with cable continuing to provide the
barometer for Brexit progress, any move that brings no-deal to the forefront
weighing on the pound, toward a softer Brexit lifts the pound. Reports that PM
May's cabinet meeting yesterday resulted in the PM looking for cross party talks
with the leader of the opposition Corbyn, which has annoyed hard Brexit members
of her Govt as it is seen nudging the UK toward a softer Brexit (opens prospect
of a customs union). PM May is hoping to find an agreement ahead of the European
Council's Brexit summit on Apr10, looking for an extension to May22 and to leave
ahead of European elections. Cable recovered to a high of $1.3149, closed
Tuesday around $1.3130. Corrective pullback extended into Asia to $1.3122 before
rate edged back to $1.3146 with upbeat tone remaining into Europe. Early Europe
buyers nudged rate on to $1.3153, currently around $1.3145. Resistance seen into
$1.3160, a break to expose $1.3200. Support $1.3120 ahead of $1.3100,
$1.3085/80.
- UK key Services PMI at 0830GMT, median 50.9 vs last 51.3. Composite PMI
released at same time. Brexit headlines to overshadow.
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.