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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 Gilt Week Ahead
EGBs/GILTS: Core EGBs and Gilts are....>
BOND SUMMARY: EGBs/GILTS: Core EGBs and Gilts are fairly flat in early trade,
with UK data, the ECB decision, and the EU summit up later.
- Jun Gilt futures up 1 tick at 128.12, with main focus on delay to Brexit: UK
looking for short delay, EU's Tusk (among others) looking for a long one.
- UK Feb GDP out shortly: Bbg Consensus and MNI Median: 0.0% m/m, 0.2% 3m/3m.
- Jun Bunds (RX) up 5 ticks at 165.53 (L: 165.48 / H: 165.63). Semi-core up
slightly as well, OAT futures (OA) up 8 ticks at 162.31 (L: 162.22 / H: 162.4).
- BTP future is up 29 ticks at 130.45, but fell from high of 130.65 after posted
significant beat in Feb Ind Prod data out this morning.
- Short-Sterling and Euribor futures are little changed. Biggest movers are Blue
ERs up 1.0-1.5 ticks, Gold Ls up a tick.
- ECB takes centre-stage later. Last call for our ECB preview:
https://emedia.marketnews.com/ECB_Preview_April_2019.pdf
- Decent EGB supply this morning, up to E5bln total on offer, with Germany
selling Bobl, Portugal selling PGBs, and Finland selling RFGBs.
- Also a UK 0.125% Nov-36 Linker mini tender this morning.
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.