CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

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

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

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

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

EGB/Gilts - BTP spike on ECB headline

BONDS
  • Bund and EGB's continue to unwind some of the large rallies today.
  • Risk is also recovering from the low, which is helping,
  • Peripherals are outperforming following a headline from ECB Holzmann, one of the most Hawkish member, saying that "the Ukraine conflict may delay the stimulus exit."
  • BTP jumped 76 ticks on the Holzmann headline, and through resistance at 140.33.
  • Above here would open to 140.91/14 20-day EMA / High Jan 9, which the contract tested, printing 141.04 high, now at 140.60.
  • Peripheral are all tighter, besides Greece, now 3.6bps wider, while Italy is 8bps tighter after the spike in the BTP.
  • Gilts has lagged Bund this afternoon and trade 3bps wider on the session
  • Looking ahead, ECB Schnabel, BoE Broadbent, Pill, Fed Bostic, Mester and Daly are still scheduled to speak
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.