MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

CHINA PBOC CONDUCTS CNY66.1 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1358 WEDS VS 7.1334

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

MNI: UK APR-JUN MEDIAN PAY AWARDS +4.9% :Brightmine

US Treasury Auction Calendar

BoC Data Watch

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

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

Bund futures around 40 ticks higher since cash markets closed yesterday

BUNDS
  • Bund futures ticked higher after the cash close yesterday, driven by the UST 5-year auction at 18:00BST / 19:00CET which saw a decent auction and the 5-year UST trade through.
  • Since around 15 minutes post-auction, we have traded in a 20 tick range between 128.62-128.82 and at the time of writing we sit around the mid-point of that range at 128.73. However, this is still around 40 ticks higher than at the time of the cash close.
  • After little new news at yesterday's ECB meeting, this morning sees the release of French consumer confidence, Spanish GDP and retail sales as well as Italian confidence and wage data.
  • The main drivers could well turn out to be from the US again , however, with core PCE for September and personal income / spending due for release.
  • After cash markets close France (Fitch), ESM / EFSF (Moody's) and Italy (DBRS) are all due for ratings reviews.
Homepagemarkets-real-timeBulletMarketsFixed 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.