-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
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 AccessEUR Market Wrap
{EU} Market Wrap
- 2y/10y bunds ended Friday -5bp/-8bp, bringing WoW moves to +4bp/-4bp. OIS markets are now back to pricing in four ECB cuts this year though headlines from Lagarde on Friday didn’t add much new to the policy debate, with Q1 wage data reiterated as an important input to the bank’s rate cut decision.
- Main/XO tightened 0.3bp/3.2bps, bringing WoW moves to -2bp/-7.5bp while iTraxx SR/Sub Fins tightened 3bp/9bp on the week. €IG/€HY ended Friday -1bp/flat with WoW tightening of 7bp/10bp. All €IG sectors tightened on the week though Energy underperformed at -2bp while Cons Cyc and Transport outperformed at -8bp/-7bp.
- SXXP ended +0.4% DoD and +3.8% YTD. Autos was the best performing sector on Friday at +1.1% (+11% YTD, 3rd best performing sector after Tech and T&L) despite a 5% sell-off in Volvo on the announced intention to dilute its Polestar stake. Tech was the worst performing sector at -0.3% though it remains the best YTD performer at +12%. SXXP futures are +0.2% DoD.
- After falling by over 2% on Friday oil prices are down again during APAC trading with front-end brent contracts streaming at $81.40 as softer risk appetite has weighed on commodities generally and markets remain concerned about weaker demand from the US and China.
- Up today we have:
GMT/Local | Impact | Country | Event |
0800/0900 | ** | ES | PPI |
0900/0900 | UK | BOE's Breeden at BOE agenda for Research Conference | |
1100/1100 | ** | UK | CBI Distributive Trades |
1100/1100 | UK | BOE's Pill at BOE Agenda for Research conference | |
1500/1000 | *** | US | New Home Sales |
1530/1030 | ** | US | Dallas Fed manufacturing survey |
1600/1700 | EU | ECB's Lagarde participates in debate on ECB 2022 Report | |
1630/1130 | * | US | US Treasury Auction Result for 2 Year Note |
1630/1130 | * | US | US Treasury Auction Result for 26 Week Bill |
1800/1300 | * | US | US Treasury Auction Result for 13 Week Bill |
1800/1300 | * | US | US Treasury Auction Result for 5 Year Note |
2330/0830 | *** | JP | CPI |
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.