MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

Japan Tokyo Jul Core CPI +2.2% Y/Y

MNI BRIEF: Japan July Tokyo Core CPI Rises 2.2% Vs. June's 2.1%

MNI JAPAN JULY TOKYO CORE CPI +2.2% Y/Y; JUNE +2.1%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EUR Market Wrap

CREDIT UPDATE


  • 2y/10y bunds are -6bp/-4bp on the softer-than-expected Eurozone flash manufacturing PMI data and the unexpected rate cut from the SNB.
  • Main/XO are -1.5bp/-4bp while FICM shows €IG/€HY cash at -1bp/+6bp with Tech/Fins outperforming within €IG while Industrials/Materials/Consumer Disc lag slightly. €HY move driven by Altice as flagged.
  • IG curve movers include Aareal (up to 11bps wider), Aroundtown (up to 11bps tighter), EP Investment (up to 6bps wider), Emirates Telekom (up to 4bps wider), Getlink (up to 5bps tighter), Dassault (up to 3bps tighter).
  • SXXP is +0.4% with Health/Personal underperforming at -0.5% while Basic Resources, Tech and Real Estate outperform at around +2%. Notable movers: Argenx SE +12% (competitor drug trials disappointed), Svenska Handelsbanken AB -11% (ex div)
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.