CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Day ahead

BUNDS
  • Bund sees some decent bear steepening continuation following a pretty hawkish Fed yesterday, now predicting, 2 hikes by end of 2023, 7 members expects a hike by next year.
  • Powell indicated that the committee started talking about tapering, and that discussions will continue at future meeting.
  • Nonetheless, Powell pledged to continue asset buying at $120bn monthly pace.
  • Keep an eye on German 5/30s eyeing a test at May's high 97.395, with the curve testing a 96.267 high this morning, but now just off and back at 91.554.
  • The May's high is also the steepest level since 12/07/19.
  • Very little in terms of tier 1 data for the session, we get EU CPI, but will be final reading.
  • We get Swiss and Norway rate decision, both expected unchanged, but some attention on Norway and its forward outlook and timing for rate hike.
  • SUPPLIES: Spain 2028/2037/2024, and France 2025/2027/2028/2029 and 2031 linker.
  • SPEAKERS: ECB Villeroy, Lane, Elderson, Visco and we also get ECOFIN meeting
USHomepageBond Market NewsBulletMarketsFixed Income BulletsForeign Exchange 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.