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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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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
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Commodities
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Credit
Credit
Real time insight of credit markets
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Data
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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
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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.
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 AccessMNI EUROPEAN MARKETS ANALYSIS: US Yields Tick Up, JGBs Steady
MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday
EUR Market Wrap
- 2y/10y bunds ended flat/+2bp after an early afternoon uptick was unable to garner any real momentum while ECB pricing remained steady at 84bps of cuts this year.
- Main/XO ended -0.5bps/-3.3bps, broadly in line with CDX IG/HY. €IG/€HY cash underperformed, ending broadly flat, with BB bonds outperforming at -2bp and Financials underperforming slightly at +0.5bp.
- SXXP ended flat at -0.2% with Autos outperforming at +0.9% (broad-based, all constituents in the green) and Telcos underperforming at -1.4% (led lower by VOD at close to -4% and now just under +2% since the binding agreement to sell VOD Italia).
- The main overnight news from Asia is the BOJ decision to hike rates and end YCC while keeping bond purchases largely unchanged. The Nikkei is +0.7% though broader regional equities are mixed. Stoxx 50 futures are -0.3%.
- Up today we have:
GMT/Local | Impact | Country | Event |
0830/0930 | EU | ECB's De Guindos at IV Observatorio de las Finanzas event | |
1000/1100 | *** | DE | ZEW Current Conditions Index |
1000/1100 | *** | DE | ZEW Current Expectations Index |
1000/1000 | ** | UK | Gilt Outright Auction Result |
1230/0830 | *** | CA | CPI |
1230/0830 | *** | US | Housing Starts |
1255/0855 | ** | US | Redbook Retail Sales Index |
1530/1130 | * | US | US Treasury Auction Result for Cash Management Bill |
1530/1130 | ** | US | US Treasury Auction Result for 52 Week Bill |
1700/1300 | ** | US | US Treasury Auction Result for 20 Year Bond |
2000/1600 | ** | US | TICS |
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.