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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- 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.
- About Us
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Free AccessMNI BRIEF: China Likely To Grow By 5% In 2024 - Advisor
MNI: PBOC Sets Yuan Parity Lower At 7.1006 Fri; -5.61% Y/Y
MNI China Press Digest Feb 02: Yi Gang, Pork, Loans
USDKRW is down 0.2% on the day after..........>
KOREA: USDKRW is down 0.2% on the day after reversing earlier gains to remain
within its sideways trading range, last at 1123.85.
- The won's real effective exchange rate has dropped to 12 month lows after
losing over 2% ytd. We remain fundamentally bearish but see potential for a
short term bounce in trade weighted terms and vs the dollar. The continued
decline in implied vol, risk reversals, and CDS spreads which are all suggesting
that recent USDKRW upside is not supported by broader risk concerns.
- The main risk comes from renewed global equity weakness which could put
downside pressure on the won via yen crosses, with KRWJPY looking to hold above
its 21-dma to keep the uptrend alive.
- Korean swap rates have come under further downside pressure today with the
curve becoming even further inverted at the short end as rate cut expectations
rise. The space is benefitting from yesterday's comments by Finance Minister
Hong Nam-ki that he expects weak employment data in January.
- The 10 year bond future is up 33 ticks as the technical outlook improves and a
bull flag targets the Dec highs at 128.
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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.