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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
EGBs are broadly lower in a fairly......>
EGB SUMMARY: EGBs are broadly lower in a fairly subdued Monday session.
- Bunds have failed to find much direction Wednesday, trading in a 43-tick range
but ultimately winding up only slightly lower.
- Periphery/semi-core EGBs faring a little worse, with BTP and OAT futures off
20-30 ticks. BTP spreads/10-Yr Bunds up 1.1bps at 249.6bps; Spain 2.4bps wider
and Portugal 1.5bps wider. Greece gaining however: spread down 1.3bps.
- Latest future levels:
* Jun Bund futures (RX) down 7 ticks at 164.55 (L: 164.33 / H: 164.76)
* Jun BTP futures (IK) down 21 ticks at 130.39 (L: 130.31 / H: 130.93)
* Jun OAT futures (OA) down 29 ticks at 161.13 (L: 160.96 / H: 161.67)
* Jun Gilt futures (G) down 18 ticks at 126.71 (L: 126.61 / H: 126.99)
- Little movement in the Euribor strip. Greens are biggest movers, off a tick.
- Main headlines today have centred around Brussels beginning trade talks with
the U.S., but not really a market mover.
- ECB's Villeroy speaks in New York at 1730UK/1830CET.
- Tuesday set to be thin for data (again), with German ZEW survey the highlight.
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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.