Free Trial

Bunds jumping around on the NRW CPI release

BUNDS
  • Another news vendor is reporting +0.1%M/M for NRW CPI but we are seeing +1.0% in the table here.
  • The Y/Y has risen from 8.3%Y/Y to 8.5%Y/Y.
  • Bunds moved higher again - back up above 131.60 and are now lower at 131.42 - but off the low of 131.19.
  • The national non-HICP print is expected by consensus to be +0.5%M/M with the Y/Y falling from 8.7% to 8.5%. So this number would be consistent with a beat in the German national print later (assuming the other states see similar surprises).

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.