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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 AccessTsy trading mixed with the long.....>
US TSYS SUMMARY: Tsy trading mixed with the long end outperforming, strong
volume (TYZ 1.83M), curves flattening. Data today led by PCE, Personal Income,
and Spending and Initial Claims.
-Fed Minutes showed that most see another rate hike soon and further gradual
hikes are in line with dual mandate while few saw funds rate near neutral.
-Headlines out this afternoon, "*TRUMP SAYS HE IS CLOSE TO DOING SOMETHING WITH
CHINA-bbg" which led to a risk-on price action. Shortly after, "*U.S., CHINA
EXPLORING DEAL TO DE-ESCALATE TRADE TENSIONS: DJ-bbg" and "*U.S. WOULD SUSPEND
FURTHER CHINA TARIFFS THROUGH SPRING: WSJ-bbg". Sources say that Chinese
officials would agree to lift restrictions on Chinas purchases of US farm and
energy products in return for the suspension of tariffs.
-DXY up +.017, 96.803 (96.626L/97.005H), $/Eur down +0.0021 at 1.1387, $/Yen
down -.25 113.42; equities higher (emini +5.50, 2747.00 vs. 2754.50H); Gold up
(XAU +2.87, 1224.09), WTI currently down (WTI +1.06, 51.35).
-Tsy cash/ylds: 2Y 99-28.25 (2.811%), 5Y 100-3.5 (2.850%), 10Y 100-25.5
(3.030%), 30Y 100-28.5 (3.327%).
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.