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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
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Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
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Real-time insight of emerging markets in CEMEA, Asia and LatAm region
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Real-time insight of oil & gas markets
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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Free AccessUSD/TRY Dials in on 7.00, But CPI Surprise May Rock the Boat
- USD/TRY opens lower as momentum from yesterday's -2% move follows through into today, bolstered by favourable risk sentiment out of APAC.
- Bond inflows resumed yesterday, picking up steam in the early part of the session.
- Focus will be on CPI tomorrow and the possible tail risk of an upside CPI surprise that could derail TRY optimism in the short-term.
- Risk premia continue to compress, 5Y CDS -1.66% this morning & 1m implied vols easing lower.
- Having cleared 15.20, next major support stands around 7.0699, followed by psychological round number support at 7.00.
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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.