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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 AccessWe have not seen huge moves in STIR markets....>
STIR: We have not seen huge moves in STIR markets today, but relative to the
rest of this week it has been a busier day.
- After a mildly risk-off start to the day, risk appetite took a turn for the
worse with the release of the European Commissions new forecasts. The highlight
here was Italian growth for 2019 being downgraded to 0.2%. BTPs rallied and the
Euribor futures strip followed higher. Whites are within 0.5 ticks of yesterdays
close but we have seen the rest of the curve flatten with Reds up 0.5-3 ticks,
Greens up 4-5 ticks and Blues up 5-5.5 ticks on the day.
- The short sterling strip has been gradually moving higher today with the Bank
of England meeting the highlight of the day. The meeting and press conference
had a bit of a dovish tilt with some minor downgrades to forecasts. However,
Brexit uncertainty continues to overshadow monetary policy and until there is
some resolution, policy is likely to remain on hold. Most of the strip is 3.5-4
ticks higher on the day.
- The Eurodollar strip has moved higher in sympathy and in line with the general
risk-off tone with the strip mostly 3-3.5 ticks higher on the day.
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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.