Free Trial
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.
CREDIT UPDATE
BONDS/ENERGY: New ’24 Highs For Oil Not Necessarily Being Felt In Wider FI Markets
- WTI & Brent crude oil futures have moved to fresh YtD highs today, with the well-documented uptick in already heightened geopolitical worry surrounding the Middle East being felt.
- On face value, the move higher in crude oil futures should be a headwind for bonds (all else equal), but a demand-side inflationary shock isn’t an indication of healthy economic activity, particularly as the global economy continues to adjust to the post-COVID interest rate environment.
Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok