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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 AccessTsys trading slightly higher into...>
US TSYS SUMMARY: Tsys trading slightly higher into the bell in the top half of
the range, light volume, curves mixed. Pres Trump headline brings risk-off price
action just before the close, "*TRUMP SAYS CHINA TRADE ANNOUNCEMENT COMING AFTER
MARKET CLOSE-BFW", note still wants appr "$200B in China tariffs despite talks".
Stocks hit session lows after latest headline. China responded today, "*China
Said to Cancel Talks If Trump Moves Ahead With Tariffs-BN".
-US$ lower DXY -.424, 94.503 (94.440L/94.978H), $/Eur pared Friday losses
+0.0060 at 1.1685, $/Yen falling late -.25 111.81, (111.79L/112.12H); equities
(emini -14.50, 2897.00 vs. 2911.25H); Gold higher (XAU +7.18, 1200.68); West
Texas crude slightly lower (WTI -0.26, 68.73).
- Little reaction to data: Empire Manufacturing Index comes in weaker than
expected; (+19.0 vs +23.0 expected, +25.6 Last)
-Tsy cash/ylds: 2Y 99-22.75 (2.778%), 5Y 99-10.75(2.893%), 10Y 98-31.5 (2.992%),
30Y 97-14.5 (3.130%).
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.