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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 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
USDTRY Gains 2% to Trade at Fresh Record High
- USDTRY gained as much as 2% this morning, putting the lira at a fresh record low against the dollar. The latest move means this year’s depreciation against the dollar stands at just over 30%, making it the worst performer among major emerging-market currencies.
- Turkey and Saudi Arabia signed a series of agreements on direct investment, the defense industry, energy and communication following talks chaired by President Erdogan and Saudi Crown Prince Mohammed Bin Salman on Monday. The meeting was a part of Erdogan’s 3-day Gulf tour, which resumes today in Qatar before his final stop in the UAE tomorrow - where he will meet with President Sheikh Mohammed bin Zayed Al Nahyan.
- Ekonomi report that business sector representatives are becoming increasingly disappointed with the lack of credit availability. They say that credit restrictions should be eased otherwise exports and production will suffer, and company closures and employment layoffs will accelerate.
- There are no data releases scheduled today, with attention on Thursday’s CBRT decision. See our full preview here: https://roar-assets-auto.rbl.ms/files/54711/MNICBR...
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.