MNI BRIEF: Japan July Tokyo Core CPI Rises 2.2% Vs. June's 2.1%

MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

MNI BRIEF: China State Planner To Increase Trade-in Support

MNI China Daily Summary: Thursday, July 25

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

MNI JAPAN JULY TOKYO CORE CPI +2.2% Y/Y; JUNE +2.1%

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

US Treasury Auction Calendar

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

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

Cross-Asset View: Some Bullish Moves Ahead Of Reporting Tomorrow

FINANCIALS

Cross-equity view ahead of results: some bullish moves ahead of both of tomorrow's reporters, outperforming relevant benchmarks.


  • Benchmarks: SXXP up 30-40bp, of which financials are ahead about 1%. Euro IG bank spreads are 2-3bp tighter on the day:
  • Nordea (NDA SS) reports at 0530, equity is up nearly 2% (having been a weak equity since last results) and spreads 1.2bp tighter on average. Spreads have been underperformers since 4Q23 results, too.
  • Bankinter (BKT SM) is reporting pre-market, too, equity is +1.8% (and has been a strong performer since last results). Cash spreads are c.3bp tighter on average, but few bonds are well away from 3-month averages and still trailing financials spreads moves since last results.
Credit BulletsBulletHomepagemarkets-real-timeCredit
Credit BulletsBulletHomepagemarkets-real-timeCredit

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.