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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 AccessA strong start to the week for......>
US TSYS SUMMARY: A strong start to the week for Treasuries, bolstered by poor
European survey data this morning reversing early weakness in Asia-Pac session.
- Mixed newsflow on Sino-U.S. trade war saw Tsy futs move off early Asia lows.
Japanese holidays meant late start to cash open.
- Fairly light in newsflow in Europe, with most attention on very weak Sep flash
PMI data, especially for Germany. Tsys took their cue from a sharp Bund rally.
- Dec 10-Yr futures (TY) up 15.5/32 at 130-5.5 (L: 129-18.5 / H: 130-08.5).
- Curve flatter: 2-Yr yield is down 1.6bps at 1.6667%, 5-Yr is down 2.2bps at
1.5787%, 10-Yr is down 3.1bps at 1.6904%, and 30-Yr is down 3bps at 2.1315%.
- Surveys highlight the data docket: Chicago Fed Nat Activity index for Aug at
0830ET; then Markit flash Sep PMIs at 0945ET.
- Plenty of FedSpeak to get the week started: Williams (0950ET), Daly (1130ET) &
Bullard (1300ET) all appear; nothing scheduled Tuesday though.
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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.