MNI BRIEF: Canadian Firms' Price Plans At Fresh 3 Yr Low- CFIB

MNI China Daily Summary: Thursday, September 26

MNI BRIEF: China GDP Growth Likely 4.8% In Q3 - BOC

MNI CNB WATCH: More Easing, But Tight Policy Still Needed

MNI: PBOC Net Drains CNY231.6 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.0354 Thurs; +3.96% Y/Y

MNI: US JOBLESS CLAIMS -4K TO 218K IN SEP 21 WK

MNI: US Q2 GDP +3.0%

MNI:US AUG DURABLE NEW ORDERS +0.0%; EX-TRANSPORTATION +0.5%

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

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

CREDIT UPDATE: € Credit Close

CREDIT UPDATE
BulletCredit Bullets
  • Weak French and German PMIs took bunds lower in the morning, while the US print was a touch better but more impactful in the treasuries market. DBRs/USTs close -4/+3bp.
  • Stocks were a touch higher with SXXP/SPX +0.4%/+0.2% although €IG equities close flat with some drag from financials. Notable movers include Edenred -6% and Commerzbank -6%.
  • €IG cash close broadly unchanged. Curves with active primary were 2-5 wider. ICPLN close 8-16 tighter.
  • Primary was busy with deals from CMCSA, IHGLN, IBESM, KNOGR, PRIFII and SANTAN.
  • CDS was wider, with levels still settling post roll. Main / XOVER close at 59.2/316 +1/+3.
96 words

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.
  • Weak French and German PMIs took bunds lower in the morning, while the US print was a touch better but more impactful in the treasuries market. DBRs/USTs close -4/+3bp.
  • Stocks were a touch higher with SXXP/SPX +0.4%/+0.2% although €IG equities close flat with some drag from financials. Notable movers include Edenred -6% and Commerzbank -6%.
  • €IG cash close broadly unchanged. Curves with active primary were 2-5 wider. ICPLN close 8-16 tighter.
  • Primary was busy with deals from CMCSA, IHGLN, IBESM, KNOGR, PRIFII and SANTAN.
  • CDS was wider, with levels still settling post roll. Main / XOVER close at 59.2/316 +1/+3.