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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 EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI EUROPEAN OPEN: A$ & Local Yields Surge Following Jobs Data
USDCLP Opens Sharply Lower, As Copper Rebounds
- The Chilean peso has opened on the front foot Wednesday, aided by a 2.2% rebound in copper prices, with USDCLP currently trading 0.7% lower on the day at around 947. Initial support for USDCLP is at 935.84, the 50-day EMA.
- Coming up at 1400BST(0900ET) are key activity data for June, including IP, retail sales and labour market figures. Following that, the Finance Ministry will present the Q2 Public Finance Report before the Senate’s Finance committee at 1430BST, ahead of the BCCh interest rate decision this evening (2300BST).
- Separately, Chile sold CLP 2.1tn ($2.2bn) of CLP-denominated bonds yesterday, including a new bond due Oct 2029 and the reopening of a social bond due April 2033, according to a finance ministry statement. Bonds were 3.2x oversubscribed, reaching $7bn in offers.
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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.