-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
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
Sign up now for free trial access to this content.
Please enter your details below.
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.
MNI BOJ WATCH: Ueda Says Rate Path Will Depend On Prices
Governor Ueda signals a cautious path following the BOJ's exit from negative rates.
MNI RBA WATCH: Bullock Stresses Data, Switches To Neutral Tone
RBA Governor Bullock stresses the importance of data for the cash rate's future path.
MNI BRIEF: BOJ Ends Negative Rate, YCC, Maintains JGB Buying
The BOJ has decided to exit negative rates and end yield curve control.
MNI PBOC Watch: LPR To Hold, Idle Funds Targeted
The PBOC will take measures to channel ample liquidity down to the economy as interbank leverage rises.
MNI Bank Indonesia Preview – March 2024: IDR Needs Fed To Ease First
Bank Indonesia (BI) is unanimously expected to leave rates at 6.0% at its March 20 meeting given the persistence of a high level of “global uncertainty” and little new domestic information since the last decision.
RTRS-Putin To Visit China In May
(MNI) London - Reuters claiming that according to its sources, Russian President Vladimir Putin will visit China for talks with President Xi Jinping in May. This would mark Putin's first foreign trip of his latest term in office, and act as a further signal of Putin's intent to develop increasingly close links with China. RTRS: "Another of the sources said Putin's trip to China would probably take place in the second half of May. Two of the sources said the Putin visit would come before Xi's planned trip to Europe."
- On 18 March reportsemerged that Xi would travel to France in May for talks with President Emmanuel Macron.
- The 'no limits partnership' between Russia and China continues to be a major source of geopolitical concern in the West. Given the huge resources that Russia has had to funnel into its military to sustain its invasion of Ukraine, Moscow has become increasingly reliant on Beijing as a trading partner in the wake of Western sanctions.
- Indeed, French President Emmanuel Macron stated in May 2023 that “(Russia) has de facto started a form of vassalization with China and has lost access to the Baltic that was critical to it as it has precipitated the decision by Sweden and Finland to join Nato,” Russian gov't officials pushed back on the comments, calling the Sino-Russian relationship is one of strategic partners.
- Xi was one of the first major world leaders to congratulate Putin after his re-election in a contest deemed neither free nor fair by most Western nations.
Parliament Holds Extraordinary Session On Leaked Babis Emails
- The Chamber of Deputies will hold an extraordinary debate on leaked emails in which opposition leader Andrej Babis asked his aides to collect personal information about Foreign Minister Jan Lipavsky, which the governing coalition says created a "national security risk." Babis and his party ANO insist that the emails did not contain evidence of any wrongdoing and are planning to use the debate to attack the government for its handling of various social and economic challenges. In addition, Babis sought to dismiss accusations of being a "security risk" and reaffirm his credentials as a moderate politician by writing an op-ed for Mlada fronta DNES. In the article released before the extraordinary parliamentary session, Babis called for the restoration of Ukraine's territorial integrity, including Crimea, and said that any debate on the withdrawal from NATO or the EU is unacceptable for his party. ANO remains the clear front-runner in all opinion polls, albeit it would likely need a coalition partner to control a majority of seats in parliament, if an election was held today.
- Czechia's economic docket is empty today, with market participants awaiting the CNB's rate decision, due tomorrow. Click here to see our preview.
- Looking further afield, Czechia will host a summit of Visegrad Four Foreign Ministers on Thursday, with familiar tensions over Ukraine/Russia expected to resurface.
Gov't Hits Back At China Def Min Claims On Himalayan Territory
(MNI) London - A spokesman for the Indian Ministry of External Affairs Randhir Jaiswal has hit back at comments from the Chinese Defence Ministry regarding the state of Arunachal Pradesh in the Himalayas. "We have noted the comments made by the Spokesperson of the Chinese Defence Ministry advancing absurd claims over the territory of the Indian State of Arunachal Pradesh. Repeating baseless arguments in this regard does not lend such claims any validity. Arunachal Pradesh was, is and will always be an intergral and inalienable part of India..."
- Tensions between New Delhi and Beijing have ticked up in recent days amid a visit to the contested border state by Indian PM Narendra Modi. The visit comes as part of a whistle-stop tour of Indian states by the PM ahead of a general election expected in the spring. While there Modi inaugurated the Sela Tunnel, an INR8.25bn (GBP77mn) project that The Independent reports, "is anticipated to facilitate the Indian army in enhancing defence measures along the contentious border known as the Line of Actual Control (LAC)."
- Following Modi's visit, Chinese Ministry of Defence spox Zhang Xiaogang claimed that, "the southern part of Xizang is an inherent part of China's territory, stressing that China "never acknowledges and firmly opposes" the so-called Arunachal Pradesh illegally established by India.."
- Tensions have flared up from time to time along the border where tens of thousands of troops are believe to be deployed, but without small arms, sometimes resulting in melee skirmishes in the mountain passes.
Foreign Min Calls For Using Profits From Russian Sovereign Assets To Fund Ukraine's Defence
- Foreign Minister Radoslaw Sikorski told reporters after yesterday's summit with his colleagues from across the EU that the bloc has made a "political decision" to use the proceeds on frozen Russian sovereign assets to support Ukraine. Sikorski said that in his view, the money should be used now to help Ukraine fund its military expenses and repel the aggression rather then in the future for post-war reconstruction.
- Former MPC member Lukasz Hardt told money.pl that Poland had a problem with demand-driven inflation even before the COVID-19 pandemic and the NBP should have started communicating readiness to raise interest rates back then. Hardt was appointed to the MPC by President Andrzej Duda for 2016-2022.
- Poland's top military commander Wieslaw Kukula said that "to put it bluntly, Russia is preparing for a conflict with NATO, with full awareness that it is a defensive alliance." He flagged ongoing work on improving defence capabilities and building the ability to maintain military potential and readiness amid long-term pressures.
MNI REAL-TIME COVERAGE
Timely & Actionable Insight on Central Bank Policy
Timely & Actionable Insight on FX & FI Markets
Timely & Actionable Insight on Emerging Markets
Sample MNI
MNI NEWSLETTERS
MNI DAILY TECHNICAL ANALYSIS - USD/JPY Bull Cycle Extends Post-BoJ
MNI EUROPEAN MARKETS ANALYSIS: USD Rallies Post BoJ & RBA Decisions
MNI EUROPEAN OPEN: BoJ Ends NIRP, YCC, But Maintains Bond Buying
MNI ASIA MARKETS ANALYSIS: YTD Yield Highs For US 2s and 5s Ahead Of BoJ
MNI ASIA OPEN: Bank of Japan's Interest Rate Policy In Focus
MNI US MARKETS ANALYSIS - Stacked Central Bank Week
Sign up now for free trial access to this content.
Please enter your details below.
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.