CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

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

EGBs lead core FI lower following Spanish inflation beat

BONDS
  • EGBs have led core fixed income lower this morning following a higher-than-expected Spain HICP print. There were some methodological changes behind some of the increase but the overall result was that Y/Y HICP was a whole percentage point higher than expected at 5.8%Y/Y, an increase on December's 5.5%Y/Y print.
  • At the time of writing Schatz yields are over 6bp higher on the day with a very mild flattening of the German curve. USTs and gilts yields are 2-3bp higher on the day.
  • Markets will already likely have one eye on further Eurozone inflation prints tomorrow with the FOMC, BOE and ECB decisions all due ahead of the US employment report on Friday. It is certainly a busy week!
  • TY1 futures are down -0-4 today at 114-15+ with 10y UST yields up 3.0bp at 3.535% and 2y yields up 2.1bp at 4.223%.
  • Bund futures are down -0.70 today at 136.74 with 10y Bund yields up 5.8bp at 2.295% and Schatz yields up 6.2bp at 2.633%.
  • Gilt futures are down -0.25 today at 104.39 with 10y yields up 2.8bp at 3.349% and 2y yields up 3.2bp at 3.474%.
HomepageBulletMarketsFixed Income BulletsForeign Exchange 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.