MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

A busy session

EGB SUMMARY

A decent session for EGBs and particularly once again the BTP.

  • Bund has traded on the front foot on FTQ, pushing the curve bull flatter.
  • Italian politics are at the forefront, and BTP is trading 64 ticks down at the time of typing.
  • In turn the BTP/Bund spread has widened another 8bps points, to trade at highest levels since November.
  • Looking ahead, White House News Briefing, and UK Boris presser on Covid roll outs.
  • RATINGS:
  • Fitch reviews Greece, EFSF and ESM
  • DBRS reviews Netherland, EFSF and ESM
  • Bund futures are up 0.35 today at 177.15 with 10y Bund yields down -1.5bp at -0.512% and Schatz yields down -1.0bp at -0.713%.
  • BTP futures are down -0.63 today at 149.68 with 10y yields up 6.5bp at 0.750% and 2y yields up 4.3bp at -0.225%.
  • OAT futures are up 0.23 today at 167.00 with 10y yields down -1.0bp at -0.278% and 2y yields up 1.0bp at -0.615%.
BulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.