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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.
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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
USD/CNH is having a look below...........>
CHINA YUAN: USD/CNH is having a look below yesterday's worst levels. Broad-based
USD weakness allowed the rate to break below the key CNH7.0 level Wednesday and
it last sits at CNH6.9960, 26 pips worse off on the day.
- Relations between the U.S. and China remain tense. White House advisor Kudlow
told Fox that phase one trade deal is not dead, but "other areas, we have
tremendous difficulties with China".
- A drop below CNH6.9849, which limited losses on Mar 16, would clear the way to
the 61.8% retracement of the YtD range/lower 3.0% Bollinger band at
CNH6.9797/73. Conversely, a jump above yesterday's peak at CNH7.0296 would open
up the 200-DMA, intersecting at CNH7.0412.
- Focus moves to China's inflation data, due later today.
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.