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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
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EU Close
- €IG cash (~2bp tighter) with a strong start to the week & helping narrow the +6bp gap to recent lows. Wideners were Thames Water's € short-end (27/28s +20-25), Mobico (31's +10) on weak earnings/guidance & Prologis on €550m 10Y supply (29's led +6).
- Cash movers in HY included Atos (+1.7-2.8pts), Eutelsat (+1.4-2.4) & Altice (+1-1.9).
- Broader risk was firm; €IG equities +0.9% ( SXXP +0.6%) & Main/Xover -1.8/-8 tighter. 1%+ moves in credit issuer equities for healthcare, financials & consumer staples. Quiet on macro today, bunds ending -2bp.
- $IG looks a more mild unch to tighter, CDX holding onto tights (-1.3/-6).
- Heavy earnings calendar up this week starting tomorrow morning.
To read the full story
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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.