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
  • Another steady cash open for Bund, Tnotes have traded through initial small support at 131.14 yesterday afternoon.
  • Support there (TYZ1) is now at 131.08.
  • Bund risk is tilted to the downside following the massive rallies last week. Focus is mostly back on yield levels for likely PAYing flows.
  • Support in Bund is seen at -0.239% and -0.347%, these are retracements, which would equates to circa 171.37 and 172.09 respectively.
  • Today, sees another session packed with speakers, but desks and market's attention is squarely back onto data, as we are unlikely to learn anything new from Central Bankers.
  • ALL EYES turns to the US CPI tomorrow.
  • Today includes US PPI as the notable data.
  • Speakers include Fed Bullard, Powell, Daly, Kashkari, ECB Lagarde, Knot, Schnabel, BoE Bailey, Broadbent.
  • SUPPLIES: Germany Schatz EU6bn (equates to 61.5k Schatz, or 8.5k Bund), Netherland EU2.5bn (Equates to 26.3k Bunds), should keep the lid on Govies into the bidding deadline, and finally US 10yr note later today
HomepageBulletMarketsFixed 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.