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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Tsys trading mixed, off late........>
US TSYS SUMMARY: Tsys trading mixed, off late overnight lows on very light
volume (TYM appr 170k), TYM bouncing back to near steady last few minutes.
Relative quiet session ahead w/CPI (0.2% est) at 0830ET and $13B 30Y bond
auction at 1300ET; East coast mass transit hampered by another late winter
storm. US$ index stronger (DXY +.157, 90.052); equities firmer (emini +6.0,
2795.0); gold weaker (XAU -4.50, 1318.55); West Texas crude near steady (XAU
+0.03, 61.39).
- Asia, Tsys opened mildly weaker, drifted lower on very light volume heading
into London cross-over, light two-way trade, fast$ buying short end.
- London, carry-over sell-interest, intermediates to long end underperforming
until last 30 minutes, two-way flow on net with some prop and bank portfolio
buying 10s.
- Swaps, spds running wider, spd curve flatter amid better paying in 2s
overnight. Continued swappable corp issuance expected to keep spds in range.
- Eurodollar futures, steady to weaker, short end underperforming/anticipating
another higher 3M LIBOR set, EDH8 -0.007 at 97.832 at moment.
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.