MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

MNI China Daily Summary: Wednesday, July 24

CBI Price Expectations for Three Months Ahead Lowest Since December 2020

MNI: UK JUL CBI INDUSTRIAL TRENDS TOTAL ORDERS -32

Broad-Based IFO Weakness Reinforces Narrative of Recovery Stall

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

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

EGBs-GILTS: See-Saw Open

BOND SUMMARY

Bunds and Gilts rallied hard on the open though reversed the move quickly, with little specific identifiable trigger though of course month-end a potential factor. Equities coming off the lows and curves mixed so far, with periphery spreads tighter.

  • Brexit an underlying theme of course, w talks dragging on and some familiar speculation (Ireland's Coveney says he thinks a deal can be reached this week).
  • Spain Nov prelim inflation a little higher than expected; German state/national and Italian numbers out later this morning. No issuance though.
  • ECB's Lagarde speaks at 1030GMT and BOE's Haldane at 1315GMT and Tenreyro at 1430GMT.

Latest levels:

  • Dec Bund futures (RX) down 1 ticks at 175.49 (L: 175.47 / H: 175.72)
  • Mar Gilt futures (G) up 14 ticks at 134.48 (L: 134.41 / H: 134.64)
  • Dec BTP futures (IK) up 4 ticks at 151.54 (L: 151.42 / H: 151.63)
  • Italy / German 10-Yr spread 0.6bps tighter at 117.6bps
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.