FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

EGBs-GILTS: Edging Higher Ahead Amid Heavy Data Slate

BOND SUMMARY

Bunds and Gilts are a little stronger early Friday, reversing some of Thursday's sharp losses, and with early attention almost entirely on Eurozone national account and inflation data.

  • Prelim Q1 GDPs and CPIs in focus this morning. French Q1 GDP higher than expected; CPI in line but HICP higher. Spain GDP in line w expectations while retail sales soared in Mar (+14.9% Y/Y vs -5.0% exp.).
  • Germany, Italy and EZ GDPs up next, with Italy and EZ inflation also in focus.
  • Month-end flow also seen as a potential factor in Friday's trade.

Latest levels:

  • Jun Bund futures (RX) up 6 ticks at 169.94 (L: 169.77 / H: 170.1)
  • Jun Gilt futures (G) up 10 ticks at 127.73 (L: 127.7 / H: 127.86)
  • Jun BTP futures (IK) up 17 ticks at 147.16 (L: 146.98 / H: 147.29)
  • Italy / German 10-Yr spread 0.8bps tighter at 109.8bps
BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.