Free Trial
US EURODLR OPTIONS

BLOCKs, Sep Put Spds

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
EGBS
EGBS: EGBs have opened with a risk-off tone taking cue from overnight rally in
US Treasuries with core and semi-core bonds modestly higher, however EMU
periphery are seen struggling. German 10-yr Bund yield is 2.8bp lower at 0.532%
with curve modestly flatter as long0-end outperforms the short end.
- French flash composite PMI falling to a 16-month l;ow of 56.9 in May is also
seen underpinning bid in core/semi-core bonds.
- Markets attention now on German and then overall Eurozone flash PMI data to
see if the weakness is contained to just France or is more widespread. Once
noting that French rail strikes could of impacted the services component of the
PMI data.
- After the PMI data, attention will turn to launch of new German 2-yr Schatz
auction for E5bln and then Eurozone advanced consumer confidence in the
afternoon.
- Euribors have opened higher, curve flatter as blue contracts are 2.5 to 3
ticks up compared to steady to 0.5 tick lower in white contracts

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.