MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

MNI BRIEF: Beijing Opposes U.S. Measures Against Chinese Steel

MNI China Daily Summary: Thursday, April 18

Japan Mar Core CPI +2.6% Y/Y; Energy Price Fall Narrows

JAPAN MARCH SERVICES PRICES +2.1% Y/Y; FEB +2.2%

MNI JAPAN MARCH CORE CPI +2.6% Y/Y; FEB +2.8%

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Early Cheapening Unwound, Split Congress Odds Increase

US TSYS

Cash Tsys run little changed across the curve, with the odds of a split Congress increasing as results and projections from the Midterms continue to filter out.

  • TYZ2 unwound early weakness to trade at essentially unchanged levels, a touch off session highs registered over the last couple of hours.
  • The Republican Party is still expected to take the House from the Democrats. However, the Senate situation is more complex, with Democrats outperforming in the crucial Pennsylvania Senate race. If the Democrats win in PA, then the GOP will need to win two of Georgia (currently on a knife edge), Nevada or Arizona.
  • There has been little in the way of headline flow outside of the midterm matters.
  • Cross-asset flows are struggling to provide meaningful direction, with the broader DXY essentially unchanged and the 3 major e-mini futures dealing either side of unchanged.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.