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Why MNI
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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 US MARKETS ANALYSIS - AUD/JPY Finds Bottom on China News
MNI US OPEN - PBOC Makes First Major Policy Tweak Since 2011
US Warns Merchant Ships To Avoid Red Sea Area
Wires carrying unattributed comments claiming that the US, 'has warned its merchant ships of the potential for Houthi retaliation', and that they should avoid the south Red Sea area 'until further notice'. Comes after a presumet Houthi strike on a US-operated dry bulker (see bullet 'US Operator Confirms No Significant Damage From Strike', 1615GMT). This comes days after a similar warningwas issued, although this warning is notable in not being time limited (72 hours was the previous time period), but instead being open-ended.
- The increased security risk in the region comes as the Pentagon confirms that Secretary of Defense Lloyd Austin has been discharged from hospital. Austin will "recuperate and perform his duties remotely for a period of time". His doctors say that Austin is "expected to make a full recovery."
- There remainsnotable focuson a perceived lack of transparency around Austin's recent hospitalisation. Austin orchestrated and monitored last week's air strikes on Houthi targets from his hospital bed according to reports, but a Pentagon investigation into the situation could put pressure on Austin and the White House amid the former's recovery.
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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.