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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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Free AccessMNI US OPEN - RBA Holds, Communication Turns Slightly Dovish
MNI China Daily Summary: Tuesday, December 10
VIEW: Last Hike More Likely In February
Barclays “continue to think that the bank will only hike one more time in this cycle and think that the timing for this hike will be the point of discussion within the bank as they meet for the 7 February decision.”
- “Still, inflation was higher than consensus and our forecast, and rose sequentially, which in our view will not be enough to allow the bank to a pause in February.”
- “The RBA has been more concerned about growth - both global and domestic - than inflation for the past few decisions. We think the bank's outlook for growth will now be the determinant for the decision, rather than actual outcomes.”
- “Both these combined now suggest to us that a more likely time for the RBA to deliver its last hike will be in February, rather than March, which we had expected earlier.”
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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.