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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Data
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Global Macro
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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 EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI EUROPEAN OPEN: A$ & Local Yields Surge Following Jobs Data
USD closes off the quarter in the middle of...>
FOREX: USD closes off the quarter in the middle of the pack despite a strong
week
-USD looks to finish Q1 with gains against the SEK, CAD and AUD, but losses
against all other G10 FX as the currency becomes increasingly political. The USD
dropped today as US Treasury yields fell throughout the session, prompting the
US 2s10s curve to trade at its flattest since 2007. A lower than expected
Chicago PMI release further hurt a greenback that was slightly stronger
throughout the European morning.
-Sterling is the weakest currency of the day as data showed mortgage approvals
and house prices falling below expectations, just as the clock shows exactly one
year until the UK leaves the EU.
-JPY is the strongest currency of the day as month-end and quarter-end flows
dominated, breaking the correlation between USD/JPY and the S&P500 which is
still attempting to finish the quarter in the green.
-Markets will be quiet over the Easter weekend, but the data calendar picks up
next week, culminating with the NFP report on Friday.
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.