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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 ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Ukraine Calls On US To Reduce Price Cap On Russia Oil
Ukrainian Foreign Minister Dmytro Kuleba has issued a statement on Twitter calling on the US to "drastically" reduce the price cap on Russian oil which currently stands at USD$60 per barrel ahead of a review expected next week.
- Kuleba: "Ukraine is confident it's time to review the oil price cap given the current market price on Urals is lower than 50 USD per barrel. This decision should ensure a drastic reduction in Russia's income to finance the war, mass atrocities, and destabilization in Europe and elsewhere."
- According to Bloomberg, the Biden administration would prefer to wait to see the impact of additional measures on Russian refined oil to be enacted on February 5 before committing to any moderation to the cap.
- Reuters reports that Poland, Estonia, and Lithuania are leading a push from Russia hawks to lower the price cap from the current USD$60 per barrel.
- Bloomberg: "Russia’s flagship oil Urals is trading far below international prices — and the Group of Seven’s $60 per barrel cap that came into effect on Dec. 5..."
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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.