MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

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

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Core and periphery EGBs alike are set...>

EGB SUMMARY
EGB SUMMARY: Core and periphery EGBs alike are set to conclude Friday fairly
steady on the day, with Bunds slightly paring Thursday's gains.
- The Dec 18 Bund future is down 18 ticks at 160.63, having traded in a range of
160.54-160.76 today. A bit of steepening: 2-Yr yield up 0.2bps at -0.588%, 5-Yr
up 0.8bps at -0.227%, 10-Yr up 0.9bps at 0.369%, and 30-Yr up 0.1bps at 1.033%.
- Periphery EGBs had a bit of respite; Dec 18 BTP future up 4 ticks at 121.38,
having traded in a range of 121.25-122.15.
- EGB spreads a bit tighter to Bunds;10-Y BTPs in 1.3bps at 312bps, Spain in
0.5bps at 126.6bps,Portugal in 0.5bps at 160.4bps,Greece in 1.8bps at 420.6bps.
- Euribor a half tick lower across the strip.
- Bundesbank/ECB's Weidmann said this afternoon the ECB could resort to "some
tinkering with the operational framework," but that a lean balance sheet would
help the Eurosystem to "retain or regain sufficient policy space for cases of
future need."
- Thin on Eurozone data until next Tuesday. EC set to weigh in on Italy's budget
reply on Weds 21st.
MarketsFixed Income Bullets
MarketsFixed Income 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.