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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 AccessYellen Presser Following APEC Finance Ministerial Shortly
US Treasury Secretary Janet Yellen is shortly due to deliver a press conference following a key day of ministerial sessions with APEC finance ministers. Livestream (YouTube)
- A detailed preview of today's agenda can be found in previous bullet: LINK
- The US Treasury notes that, following Secretary Yellen’s closing remarks the chair of the APEC Finance Minister’s Process was handed to Peru who will preside over APEC in 2024.
- Market focus will be on the tone of the presser re: China, ahead of Wednesday's bilat between President Biden and President Xi.
- Yellen said in her opening remarks today: "2023 has been a pivotal year for the Finance Ministers’ Process. After several years during which we rightly prioritized our response to and then our recovery from the COVID-19 pandemic, we’ve now refocused on the longer-term priorities established by APEC Finance Ministers in the 2015 Cebu Action Plan."
- "The Action Plan emphasizes strengthening financial resilience and advancing fiscal reforms to build our economies over the long run. This effort starts with a full understanding of the global and regional economic and financial outlook, which we’ll discuss in session one. We’ll then turn to the three priorities we’ve focused on throughout this year: modern supply-side economics, sustainable finance, and digital assets."
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.