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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
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Real-time insight on key fixed income and fx markets.
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Real-time insight of emerging markets in CEMEA, Asia and LatAm region
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Real-time insight of oil & gas markets
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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.
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About Us
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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 AccessWestpac went long GBP/USD at &1.2855 on.......>
CABLE: Westpac went long GBP/USD at &1.2855 on Thursday, targeting $1.3200 (or
higher), with a $0.0080 trailing stop, at $1.2770 initially.
- Westpac notes "amendments to the EU/UK draft Withdrawal Agreement may make the
deal more acceptable to EU-27. Passing the draft agreement at the Brexit Special
EU Leaders' Summit would increase potential for an agreed "deal" The amendments
may also increase potential for dissenting MP's to back the deal rather than
face "no-deal" Brexit. This short-term event triggered trade (24-48 hours) could
morph into a medium-term trade (1-3 weeks). Stop to trail spot levels (85 tics)
should GBP/USD rise more than 75 tics from entry."
- Westpac highlight potential risks as follows "EU-27 might fail to agree
(notably Spain over Gibraltar and France over fishing rights). The EU Summit
could still be cancelled. Even if passed, rejection by DUP and hard-line Brexit
factions of May's Conservative Party could foil hopes of UK's Parliament
supporting and passing the deal. GBP and Brexit remain extremely uncertain and
volatile with risk of stop triggering spikes. Poor liquidity over Thanksgiving
period."
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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.