MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

MNI BRIEF: Text of Bank of Canada Interest-Rate Decision

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Core Markets Respect Recent Ranges as US Return

EGBS
  • Core EGBs trade largely inside the Thursday range, with market focus on the gyrations earlier in the week that saw peripheral spreads blow out wider. Italian and Greek 10-year spreads are over 3bpwider on the day to Bunds while the Euribor strip has underperformed both the short sterling and Eurodollar strips as inflation concerns are hitting European markets more today (after having seen larger moves in short sterling and Eurodollar futures earlier this week, these moves can largely be seen as a catch up).
  • The Gilt curve trades modestly steeper in a minor reversal of the week's price action so far, helping lift GBP off the lowest levels of the session. Some market focus on the Gilt roll, after the spread traded 88k outright yesterday. First notice is on Nov 29th, 29/11.
  • UMich Confidence data is the highlight for the Friday session, with markets on watch for any acceleration in consumer concerns surrounding inflation expectations - a particular focus given the multi-decade high print in CPI on Wednesday.

Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed 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.