All signal, no noise

All signal, no noise

All signal, no noise

Latest insights

Italy is looking at ways of maximising its fiscal room.

Aug-19 14:10

This week’s CPI data has taken on added importance following the close 5-4 vote split at the last MPC meeting.

Aug-19 13:43

Authorities will decide the LPR level Wednesday.

Aug-19 06:55

A Chinese Ministry of Commerce advisor comments on the outlook for trade talks with the U.S.

Aug-18 07:03

A former RBA staffer shares his cash rate outlook.

Aug-18 04:56

CPI appeared to suggest a slight reprieve from tariff-related inflation, but a hot PPI report told a different story.

Aug-15 18:29

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FI Market Analysis

The August UK labour market release was on balance stronger-than-expected.

August 12, 2025 09:54

The FOMC is mostly priced to resume rate cuts next month but we still see more sensitivity to a dovish surprise

August 11, 2025 03:09

Futures representing the shorter end of the German curve and BTPs remain in the longest structural positioning.

August 11, 2025 01:33

A continually softening labour market is a necessity for another quarterly cut in November.

August 11, 2025 08:40

FX Market Analysis

The MNI Markets team assign a subjective 2/3 probability of a November 25bp cut with a cumulatively 80% prob by December

August 09, 2025 01:59

Data took a back seat to Fed leadership developments this week.

August 08, 2025 07:10

A weekly wrap of some of the key macro themes/data outcomes for the Asia Pac region.

August 08, 2025 06:03

A 25bp cut is widely expected: vote split, press conference and signalling ahead of September's QT decision in focus.

August 05, 2025 07:04