CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

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

EUR Market Wrap

CREDIT SUPPLY
  • Bunds are trading up to 2bps cheaper in a slight bear-flattening move – our DM team note limited fundamental drivers with ECB-speak earlier/overnight largely re-iterating previous rhetoric while German final HICP and Italian IP data were not market movers.
  • Main/XO are streaming 1bp/5bp tighter with the level of compression back to 264bps (12bps wider YTD but ~70bps tighter over the past 3m). FICM is showing €IG/€HY at +1bp/-2bp though swap spread moves imply better performance vs. govies. €IG reading looks broad-based though with some slight outperformance in Sub Fins.
  • SXXP is +0.1% with Healthcare again the biggest mover at +1%, led higher by Coloplast as flagged, and Tech +0.7% in the wake of strong earnings from Ayden, GN Store, Worldline etc. Basic Resources weighing on performance at -0.7% in a broad-based decline.
Credit BulletsBulletHomepagemarkets-real-timeCredit
Credit BulletsBulletHomepagemarkets-real-timeCredit

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.