-
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
- Bunds ended broadly flat after seeing a limited reaction to the UK budget/remit announcement or headlines from the US (re. Powell's semi-annual testimony speech summary, ADP employment change) though yields tightened at the close on NYCB headlines.
- Main/XO finished -1.4bp/-4.8bp while €IG/€HY cash underperformed at flat/-2bp with even performance across €IG tenors and Energy the only sector in the green at -1bp while Media underperformed slightly at +0.6bp.
- SXXP ended +0.4% with the Tech, Chemicals, Energy & Fin Services sub-indices all ending over +1% while Media underperformed at -0.6% with Embracer group again underperforming on their Saver subsidiary sale. Other notable movers include Encavis (+18% on acquisition talks) and Grifols (-11% as flagged).
- Bloomberg’s DM Asia index is broadly unchanged though Japan/ is -1.2% after the yen rallied to below 149 per USD, aided by accelerated wage growth. Stoxx 50 futures are flat. Up today we have:
GMT/Local | Impact | Country | Event |
0645/0745 | ** | CH | Unemployment |
0700/0800 | ** | DE | Manufacturing Orders |
0930/0930 | UK | BOE's Monthly Decision Maker Panel Data | |
- | *** | CN | Trade |
1315/1415 | *** | EU | ECB Deposit Rate |
1315/1415 | *** | EU | ECB Main Refi Rate |
1315/1415 | *** | EU | ECB Marginal Lending Rate |
1330/0830 | *** | US | Jobless Claims |
1330/0830 | ** | US | WASDE Weekly Import/Export |
1330/0830 | * | CA | Building Permits |
1330/0830 | ** | US | Trade Balance |
1330/0830 | ** | US | Non-Farm Productivity (f) |
1330/0830 | ** | CA | International Merchandise Trade (Trade Balance) |
1345/1445 | EU | ECB Monetary Policy Press Conference | |
1500/1000 | US | Fed Chair Jay Powell | |
1500/1600 | EU | ECB Podcast - Lagarde presents latest monpol | |
1530/1030 | ** | US | Natural Gas Stocks |
1630/1130 | US | Cleveland Fed's Loretta Mester | |
1630/1130 | ** | US | US Bill 04 Week Treasury Auction Result |
1630/1130 | * | US | US Bill 08 Week Treasury Auction Result |
1700/1200 | US | BLS webinar on CPI rent and OER | |
2000/1500 | * | US | Consumer Credit |
2350/0850 | ** | JP | Trade |
Ticker | Issuer | FIGI | Initial Pricing Date | Sector | Curncy | Amt Issued | Original Tenor | Cpn Typ | Fin Gdnc Str For Init Issnc | Spread Tightening (at syndication) | Spread Against | Launch Spread |
POMFP 4 7/8 03/13/29 | CIE PLASTIC OMNIUM SE | BBG01LTG1Q51 | 06/03/2024 | Consumer, Cyclical | EUR | 500000000 | 4.999315537 | FIXED | 5% | 43.75 | MS | 228.6 |
BARUK Float 03/13/29 | BARCLAYS BANK UK PLC | BBG01LTWJ1M3 | 06/03/2024 | Financial | GBP | 500000000 | 4.999315537 | FLOATING | SONIO/N + 47 | FRN | 47 | |
CMZB 3 03/13/34 | COMMERZBANK AG | BBG01LTWW095 | 06/03/2024 | Financial | EUR | 1000000000 | 9.998631075 | FIXED | MIDSWAPS + 38 | 6 | MS | 38 |
BGOSK 4 03/13/32 | BANK GOSPODARSTWA KRAJOW | BBG01LTXTQS9 | 06/03/2024 | Financial | EUR | 1000000000 | 8 | FIXED | MIDSWAPS + 140 | 20 | MS | 140 |
VALMTF 4 03/13/29 | VALMET CORP | BBG01LSZ2T17 | 06/03/2024 | Industrial | EUR | 200000000 | 4.999315537 | FIXED | MIDSWAPS + 133 | 17 | MS | 133 |
TELEFO 5.7522 PERP | TELEFONICA EUROPE BV | BBG01LV3QX00 | 06/03/2024 | Communications | EUR | 1100000000 | VARIABLE | 5.75% | 50 | B | 348.2 |
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.