MNI China Daily Summary: Tuesday, Aug 27

MNI BRIEF: Japan's July Trimmed Mean Rises 1.8% Vs. 2.1% - BOJ

MNI: PBOC Net Injects CNY323.4 Bln via OMO Tuesday

MNI BRIEF: China Urges Canada To Drop Additional EV Tariffs

MNI BRIEF: China Industrial Profits Expanded Further In July

MNI: PBOC Sets Yuan Parity Higher At 7.1249 Tues; +2.38% Y/Y

MNI: US CONF BOARD CONSUMER CONFIDENCE 103.3 IN AUG V JUL 101.9

MNI: US Q2 FHFA HPI Q/Q SA +0.9% V +5.7% Q2 2023

MNI:US JUN FHFA HPI SA -0.1% V +0.0% MAY; +5.1% Y/Y

UK: Week Ahead

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

Core EGBs have had a volatile start.....>

EGB SUMMARY
EGB SUMMARY: Core EGBs have had a volatile start to European trading Thursday,
with Spanish and French supply up this morning, and the ECB decision later.
- The Jun 19 Bund future has traded in a wide range early of 163.43-163.68, last
up 10 ticks at 163.65.
- The German 2-Yr yield is down 1.2bps at -0.529%, 5-Yr is down 1.2bps at
-0.325%, 10-Yr is down 0.6bps at 0.122%, and 30-Yr is down 0.5bps at 0.776%.
- Our preview of today`s ECB meeting (get in touch if you`d like to see it)
suggests the baseline outlook is for ECB to signal but not launch new TLTROs,
downgrade 2019 forecasts, and not change f`wd guidance.
- Supply this morning includes Spain selling up to E4.5bln in nominal
Bonos/Oblis and linkers, and France selling L/T OATS for for a combined
E8.0-9.0bln.
- Spreads a little wider in the EGB periphery, 10-Yr BTPs 3.7bps wider to Bunds,
and Spain/Portugal/Greece out 1.1-1.3bps.
- At 1730GMT, ECB's Praet participates in a round-table discussion in Paris (on
the economic impact of male-female inequality, so unlikely market-moving).
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.