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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 AccessAwaiting BoE and ECB, With Earnings Deluge Adding To The Mix
- Cash Tsys pause for breath in the short gap between yesterday’s FOMC decision and its perceived dovish press conference (which saw 2YY close ~10bps lower on the day), followed quickly by both the BOE (0700ET) and ECB (0815ET) decisions today.
- Earnings should add to the mix as well, with reports today alone accounting for 18.4% of the S&P 500 total market cap, the most significant session of the quarter (including Apple, Amazon, Alphabet after the bell).
- 2YY +0.2bp at 4.108%, 5YY -1.7bp at 3.498%, 10YY -1.1bp at 3.406% and 30YY -0.6bp at 3.560%.
- TYH3 trades 2 ticks lower at 115-13+ on modestly above average volumes, remaining close to yesterday’s high of 115-19 after which sits 115-21 (Jan 20 high).
- Data: Preliminary Q4 data for ULCs/productivity headline the docket (0830ET) but also see challenger job cuts for Jan (0730ET) and factory orders for Dec (1000ET) plus usual weekly jobless claims (0830ET).
- Bill issuance: US Tsy $75B 4W, $60B 8W bill auctions (1130ET)
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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.