MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

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 Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

EGB/Gilt - Trading back to flat going into the weekend

BOND SUMMARY
  • EGBs have continued to trade within the morning ranges, after mixed US data had little impact on markets.
  • German curve is back to flat, after some steepening bias.
  • Very little in terms of Month End flow has been reported by desks.
  • We could still see some going into 16.15bst, although extensions are average for European Govies.
  • Peripheral spreads are a touch tighter, with Greece leading by just 0.4bp.
  • Gilts have traded inline with Bund, with little in terms of news or flow.
  • Curve leans steeper, and the UK/Bund spread is 0.2bp tighter.
  • Extensions for the UK is large for this month, so we could see some underlying bids for the contract.
  • Looking ahead, aftermarkets ratings:
  • Fitch on Ireland, Moody's in Germany, DBRS on Austria
HomepageCommodities Market NewsBulletMarketsFixed Income 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.