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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
MNI INTERVIEW2: Poland To Push For EU Defence Fund
BONDS: Bunds and Gilts More Than Pare Earlier Losses
EGBs and Gilts have more than pared earlier losses. Notable headline flow has been light, with participants looking ahead to this week’s macro and political events.
- Bund futures are -7 at 134.48, while Gilts are now little changed vs Friday’s settlement at 99.98.
- ECB-dated OIS price 62bps of easing through the remainder of 2024 (vs 63bps this morning), while there are 46bps of BoE cuts priced over that horizon (vs 44bps this morning).
- No surprises are expected at Thursday’s ECB meeting, with a 25bps cut still fully priced. Our policy team’s latest sources piece focused on the ECB’s expected policy guidance at that meeting.
- UK labour market data will be the initial focus tomorrow morning (our preview will be released shortly), while the Eurozone calendar is headlined by final German August CPI and syndications from Italy and the EU.
To read the full story
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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.