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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 AccessMNI US MARKETS ANALYSIS - Tsys Through First Support
MNI US OPEN - RBA Holds, Communication Turns Slightly Dovish
Tsys Little Changed Early, Japan's 40y Auction the Focus In Asia
- It has been a subdued start to cash trading in Asia, yields are +/- 0.5bps with a slight bear-steepening theme occurring, the 10y yield is trading at 4.254% after trading at a low of 4.15% on July 17th.
- Treasury futures are little changed today, TYU4 trades at 110-24 just above initial support at 110-22 (20-day EMA)
- A Reuters poll released earlier shows Kamala Harris ahead of Trump for the Presidency 44% to 42%, while the betting odds at PredictIt have Trump at 55% down 4pts, while Kamala is trailing with a 46% chance up 2pts.
- Earnings for the "Magnificent Seven" kicked off earlier and disappointed the market after Alphabet said investors will be to be patient to see strong results from AI, while Tesla's profit missed estimates, next up we have Microsoft on July 30th.
- There is little on the Asia calendar today with the focus just on Japan's 40y auction.
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.