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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
US inflation softens, deflating the USD and...>
FOREX: US inflation softens, deflating the USD and yields
- US CPI data fell below forecast. Both the headline and ex-energy numbers
missed forecast by 0.1ppt, which deflated the greenback slightly. NZD was the
poorest performer after yesterday's building permits numbers, but NZD/USD failed
to find a new 2020 low.
- Despite the risk appetite environment seemingly improving the CHF remains
firm, keeping EUR/CHF close to recent lows and surely outside of the SNB's
comfort band. Sight deposits data out earlier this week, however, suggest the
bank are keeping their powder dry - which may be giving markets an excuse today
to press the EUR/CHF rate lower still. The addition of Switzerland to the US
currency manipulator watchlist also prompted a rebuke from the SNB.
- UK inflation numbers for December, Eurozone industrial production and PPI &
Empire manufacturing data from the US are the data highlights Wednesday.
Speeches are scheduled from BoJ's Kuroda, ECB's Holzmann & Villeroy, a number of
Fed members and BoE's Saunders. Trump is due to host a Chinese delegation to
sign the phase one trade deal.
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.