CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

APAC Credit Little Changed, CBA Upgraded By Moody's

CREDIT UPDATE
BulletCredit BulletsCreditHomepage
  • It was a positive session for Asia rates today, US tsys futures wedged higher, ACBG curve flatter, yields are 2-3bps lower, NZGBs steeper, yields are about 1bp higher, while JGB curve mixed, yields are 1-2bps higher, with the 10Y trading back above 1%
  • Regional Asian equities are mostly higher today, getting a boost after US inflation expectations fell on Friday, leading to rate cut expectations coming forward, US equity futures are little changed today.
  • Aus Corps & Fins 1-2bps tighter. China Credit is 1-2bps wider, with Fins underperforming.
  • Aus iTraxx CDS unchanged at 63bps & Asia Ex-J iTraxx is up 1bp at 92.50bps
  • CBA was upgraded to Aa2 by Moody's, while Lendlease announced they will be selling international assets as they look to divest from international operations.
  • Primary Deals: NAB announced a A$ 15NC10 T2, Auckland Airport announced 7.5Y A$ Bonds & Wuxi Communications announced a 3Y fixed EUR Bond
145 words

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.
  • It was a positive session for Asia rates today, US tsys futures wedged higher, ACBG curve flatter, yields are 2-3bps lower, NZGBs steeper, yields are about 1bp higher, while JGB curve mixed, yields are 1-2bps higher, with the 10Y trading back above 1%
  • Regional Asian equities are mostly higher today, getting a boost after US inflation expectations fell on Friday, leading to rate cut expectations coming forward, US equity futures are little changed today.
  • Aus Corps & Fins 1-2bps tighter. China Credit is 1-2bps wider, with Fins underperforming.
  • Aus iTraxx CDS unchanged at 63bps & Asia Ex-J iTraxx is up 1bp at 92.50bps
  • CBA was upgraded to Aa2 by Moody's, while Lendlease announced they will be selling international assets as they look to divest from international operations.
  • Primary Deals: NAB announced a A$ 15NC10 T2, Auckland Airport announced 7.5Y A$ Bonds & Wuxi Communications announced a 3Y fixed EUR Bond