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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 AccessWaiting for Wed's ADP Private Employ Data
- Futures extended session lows into midday, TYZ breaking channel support of 133-17 that had provided support a number of times since April.
- A clear break lower would highlight an important reversal. Bulls will be looking for the channel to hold and for price to extend the recent climb, initially towards 134-19+. Yield curves not surprisingly bear steepened.
- Focus on Wednesday's ADP private employ data (+625k est vs. +330k prior) a precursor to Friday's August non-farm payrolls (+750k est vs. +943k prior).
- The 2-Yr yield is up 0.6bps at 0.2074%, 5-Yr is up 0.5bps at 0.7724%, 10-Yr is up 2.4bps at 1.302%, and 30-Yr is up 2.9bps at 1.9249%.
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.