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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
USDCNH trades at its daily high of 6.8730.....>
CHINA: USDCNH trades at its daily high of 6.8730 while Hong Kong listed equities
trade at their daily lows, with the week starting on a bearish note following
China's decision to cancel US trade talks.
- The HSCEI has dropped below 10800, falling 2.2% on the day as the weak yuan
has had a negative impact in HKD terms. The HSI is down over 500 points as the
Sep 14 high comes into play as potential support.
- USDHKD has erased early declines but the pair remains at Friday's lows of
7.8110 following the relatively huge 0.4% daily more as borrowing costs
tightened triggering a reversal in the HKD carry trade.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.