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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 Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
Core EGBs opened Friday weaker with.....>
EGB SUMMARY: Core EGBs opened Friday weaker with Italian BTPs paring sharp gains
at the open on news that the US could buy Italian debt.
- Corriere della Sera citing high-level sources that US President Trump offered
help with buying Italian bonds next year when meeting with PM Conte three weeks
ago. Few details available. Sep8 BTP future jumped 49 ticks to 124.19 though
gains have faded, last up 15 ticks at 128.85.
- Bund Sep8 futures are 3 ticks lower at 163.03, up a bit from the low this
morning of 162.96. The curve is steeper, with Sep8 Schatz flat at 111.98. German
Q2 GDP came in line with the MNI median forecast at 0.5% Q/Q.
- Periphery spreads a little tighter, with 10-Yr BTPs in 1bps at 273.8bps,
Spanish 10-Yrs in 0.7bps at 102.6bps, and Portgual in 0.5bps at 145.4bps.
- Light calendar today on the European front, with attention mainly on the US
Fed's Jackson Hole symposium, including Fed Chair Powell speaking at
1000EST/1400GMT on "Monetary Policy in a Changing Economy".
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.