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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 AccessEGBs are trading with a slight risk-on.........>
EGBS: EGBs are trading with a slight risk-on sentiment as markets play catch up
after Eurozone was closed for Labour Day Holiday yesterday. German 10-yr Bund
yield is 1.5bp higher at 0.574% with curve modestly steeper as front-end remains
anchored.
- EMU periphery have started on a strong footing though with 10-yr Bund/BTP
spread 4bp tighter at 118.4bps despite League and centre right coalition leader
Matteo Salvini said that the alternative to a forming a government with the Five
Star Movement would be new elections.
- Slightly better than expected Spain manufacturing PMI is also seen helping EMU
periphery.
- Final Eurozone manufacturing PMI is released at 0900BST, but markets do not
expect any change from flash number of 56.0. Advanced Eurozone Q1 GDP will also
be eyed at 1000BST with consensus looking for a 0.4% q/q print.
To read the full story
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Please enter your details below.
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.