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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Global Macro
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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 AccessMNI Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
Tsys see-sawed higher overnight,.......>
US TSY FLOWS: Tsys see-sawed higher overnight, currently off top end of range,
moderate volume (TYH>340k), yld curves bending mildly steeper. Knock-on
cross-mkt support after weaker China retail sales and European PMIs, sovereign
spds running mildly wider (BTP vs. Bund 5Y +5.0); GBP/US$ weaker but still above
Tue's 18M lows (currently 1.2569, -.0074), US$/Yen mildly lower but near top
overnight range.
- US Equities weaker (SPX -22.0 at 2627.5), Gold softer (XAU -3.95 at 1238.04),
West Texas crude paring portion of Thu's gains (WTI -0.40, 52.18).
- Salient data highlights for Friday (estimates): Retail sales (0.8% prior, 0.1%
estimate); industrial production (0.1% prior, 0.5% est); capacity utilization
(78.4% prior, 78.7% est).
- Overnight flow two-way in early Asia hours turned better bid in shorts to
intermediates in early London trade. Swap flow includes rate paying in 5s at
2.8250%, 2s3s5s and 3s5s10s receiver flys. Still relative quiet, tentative
positioning ahead Christmas, New Years holidays. Tsy cash/ylds: 2Y 100-01
(2.729%), 5Y 100-22.75 (2.719%), 10Y 102-02 (2.882%), 30Y 104-14 (3.143%)
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.